Why It Makes Sense
Critical illness insurance provides a lump-sum benefit in the event that you are diagnosed with a covered condition. Because this type of insurance provides a tax-free cash benefit, you can choose to spend it in the way that makes the most sense for you:
- Keep you and your family in your home
- Keep your business viable,
- Cover the costs of extended health care requirements
- Take advantage of out-of-country or alternative therapies
- Take a leave from work to properly recover or care for a sick child.
With increased life expectancy and medical advances, the risk of experiencing and surviving a serious illness is real and the costs can be staggering.
Why It's Important to Prepare Now
At the most critical time in their lives, many Canadians are forced to deplete their life savings in order to get the life-saving treatment they need or to pay for modifications to their homes or vehicles so they can remain independent for as long as possible. To learn more, here is a good questionnaire to get you started:
Protecting the Important Things Protect yourself from the financial challenges of a major illness.
A critical illness can be financially devastating. At Keystone Insurance we'll help you customize a plan tailored to your needs and priorities.