A serious illness can change everything—your health, your finances, your future. Critical Illness Insurance helps you stay in control when life takes a turn and helps you bounce back stronger. 

The Risks

• Nearly 1 in 2 Canadians will develop cancer in their lifetime. ¹
• Cancer, heart attack, and stroke account for the majority of critical illness insurance claims.² 
• A diagnosis like cancer, heart attack, or stroke can lead to months of recovery and thousands in expenses. ³
• Even with health coverage, out-of-pocket costs and lost income can be overwhelming.⁴ 
• The financial impact may force you to dip into long term savings. ⁵
• Financial stress can delay treatment, impact recovery, and take its toll on your family. ⁶

The Benefits 

• Lump-Sum Payout – Receive a tax-free cash benefit upon diagnosis of a covered illness — such as cancer, heart attack, or stroke.  
• Use the money however you choose — medical bills, mortgage payments, hire homecare, travel for treatment, or simply taking time off work to recover.  
• Protect Your Savings – Avoid dipping into retirement funds or emergency savings. The insurance benefit helps cover unexpected costs so you can focus on healing without financial stress.  
• Stress-Free Recovery – Financial support during a health crisis can reduce stress and improve recovery outcomes. You’ll have peace of mind knowing your expenses are covered while you prioritize your health.  
• Return of Premium Option – If you stay healthy and never make a claim, some policies allow you to cancel after 15 years and receive 100% of your premiums back—a unique feature that rewards wellness and offers long-term value.  
• Virtual Healthcare Access – Some plans include 24/7 virtual healthcare, offering quick access to doctors, prescriptions, and medical second opinions.  
• Flexible Coverage Options – Choose from term options (e.g., 10 years or to age 75), coverage amounts, and add-ons benefits like partial payout for early detection and non-life threatening conditions, or savings by bundling coverage with life insurance.  
• Peace of mind knowing you’re protected when it matters most.