Critical Illness Insurance helps you cover the indirect costs of suffering a serious illness like life-threatening cancer, stroke, heart attack or major organ transplant with money you can use for anything you need. Critical illness insurance provides money when you need it most, upon diagnosis (as defined by the policy). It can free you from worrying about finances, letting you focus on getting well.
The Odds Of Suffering -- And Surviving -- A Critical Illness Are High
Cancer
- Men have slightly less than a 1 in 2 lifetime risk of developing cancer; for women the risk is a little more that 1in 3.
- About 1.3 million new cancer cases are expected to be diagnosed in 2003.
- The five-year relative survival rate for all cancers combined is 62 percent.
Heart Attack
- Every 29 seconds someone suffers a coronary event.
Stroke
- A North American suffers a stroke every 45 seconds.
The Hidden Costs of Survival
Medical advances are helping us survive previously fatal diseases and conditions only to face the financial consequences of survival.
What would the following expenses do to your quality of life? Your standard of living?
- Lost income
- Medical treatment out of your medical network
- Insurance and prescription drug co-payments and deductibles
- Child care during treatment and doctor visits
- Transportation and lodging during treatment
- Short-term home health care
THE SOLUTION: CRITICAL ILLNESS INSURANCE
Insurance provided some of our top insurance companies like Manulife, Sun Life,
RBC Insurance, and others pays you a lump-sum cash benefit if you survive a covered condition for the period identified in the policy.
You can receive up to $1,000,000 for personal protection or up to $2,000,000 for business protection, if you are diagnosed
with any one of 20 critical illnesses or health conditions. You can use the money any way you choose.
Use it to help maintain your family's lifestyle by:
- Replacing lost income
- Keeping a business going during your crucial recovery period
- Paying off a mortgage
- Reducing debt incurred during your illness
- Making necessary renovations to your home or relocating
- Protecting savings and assets
REGARDLESS OF YOUR AGE, IT PAYS TO PROTECT YOURSELF.
Meeting Your Needs with Critical Illness Insurance from CITY Finance
CITY Finance Advisor can help you begin planning today.
