Insurance that pays you...to live

We all know that life insurance only pays you once - when you die.
And disability insurance pays you every time you are unable to work because of illness or accident.
And health & dental insurance pays when you need to go to the dentist or physiotherapist.
But what kind of insurance pays when you're really sick but then get better?

This is critical illness insurance. CII (as it's known) was created by Dr. Marius Barnard in 1983 (Dr. Barnard was on the team that did the world's first heart transplant in South Africa in 1967). CII has been sold everywhere around the world as it was designed to help save a person's financial life when their physical life was saved. Dr. Barnard would see heart transplant patients living longer and longer yet their lives in financial ruin due to their inability (or unwillingness) to go back to work and the high cost of their treatment. Even in Canada, where we enjoy "free" health care (we'll ignore the MSP premiums for now), certain cancer drugs are not covered and neither is the cost for your family to take time off/travel and stay with you during treatments.

CII pays a lump sum after you survive a critical illness for 30 days. Covered conditions can include all of the following:

• Alzheimer’s Disease
• Aortic Surgery
• Aplastic Anaemia
• Bacterial Meningitis
• Benign Brain Tumour
• Blindness
• Coma
• Coronary Artery Bypass Surgery
• Deafness
• Heart Attack
• Heart Valve Replacement
• Kidney Failure
• Life-Threatening Cancer
• Loss of Limbs
• Loss of Speech
• Major Organ Transplant on Waiting List
• Major Organ Transplant
• Motor Neuron Disease
• Multiple Sclerosis
• Occupational HIV Infection
• Paralysis
• Parkinson’s Disease
• Severe Burns
• Stroke

Since about 80% of claims arise from stroke, heart attack or cancer, a basic policy can be obtained with just those three conditions covered.

Want to protect your financial life? Apply for Critical Illness insurance and give yourself the benefit of having a plan.