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More people are surviving serious medical issues such as cancer, a heart attack, or a stroke. And while this is good news if a critical illness happens to you – your recovery may come with costs that you don’t have the money to cover.
This is where critical illness insurance can play a crucial role. Our article covers the key things you need to know about critical illness insurance:
• What critical illness insurance is.
• What you can use the money from critical illness insurance payout for.
• How you can get critical illness insurance.
Canada Emergency Business Account: Government extends repayment and partial loan forgiveness deadlines
Prime Minister Trudeau extends CEBA loan repayment, providing essential relief for small businesses. Discover the details and implications today.
Whether you already have life insurance or are looking to get some, it’s essential to be familiar with the four most common kinds of life insurance available. Getting the best type of life insurance for you ensures that you are getting the coverage you want while providing financial protection for you and your family. These are the four most common kinds of life insurance:
• Term life insurance
• Permanent life insurance
• Participating life insurance
• Universal life insurance
While it’s great to have group coverage from your employer or association, in most cases, people don’t understand the that there are important differences when it comes to group life insurance vs. self owned life insurance.
Featured in the Globe and Mail – Bonita Boutilier, who now sells critical illness insurance herself, filed a claim after she was diagnosed with MS in 2010.