Critical Illness Insurance
A Critical Illness Insurance Broker Serving the Greater Hamilton & Halton Areas
Welcome to Protect Your Wealth – we have been proudly serving clients across the Greater Hamilton and Halton areas since 2001.
Critical illness insurance is a form of protection that can provide you with a lump sum payment if you suffer from a covered critical illness and the survival period is satisfied. The physical and emotional strain of a critical illness can be severe and when you combine that with the potentially damaging financial impact, the result can be devastating.
Statistics show you are more likely to suffer from a critical illness before age 75 than die.
That’s where the critical illness insurance comes in—you are free to spend the money as you wish—such as to help cover lost income, to pay for private nursing or out-of-country treatment, for medical equipment or even to pay off your mortgage. It can help you where you need it most so you can focus all your energy on recovering with a tax free lump sum.
Trusted Critical Illness Insurance Packages
A critical illness can happen to anyone:
- It is estimated there are over 70,000 heart attacks in Canada each year.
- There are between 40,000 and 50,000 strokes in Canada each year.
- An estimated 3,075 Canadians will be diagnosed with cancer every week.
Not all critical illness insurance policies are created equal and there are many considerations. Example benefits (aka “riders”) could allow for 100% of return of premium if you stay healthy. The number of illnesses covered, cost of insurance, additional features such as access to Best Doctors are all taken into account when finding the best policy for you.
Please contact Protect Your Wealth at (647) 932-9272 to discuss your criticall illness insurance needs further.