Critical Illness Insurance is a plan contracted with a life insurer typically to make a lump sum cash payment if a policyholder is diagnosed with one of the critical illnesses listed in the insurance policy.
These policies can cover serious illnesses that can cause loss of independence, such as the main health threats of cancer, heart attack, and stroke. As well many more illnesses, the list of which we can provide as we go over the insurance planning with you.
The policy may also pay out regular income to a policyholder undergoing a surgical procedure, such as having a heart bypass operation.
The policy may require the policyholder to survive a minimum number of days from when the illness was first diagnosed (usually 30 days).
Seaforth: (519) 527-2222
Goderich: (519) 524-6030
The particulars contained herein were obtained from sources which we believe are reliable, but are not guaranteed by us and may be incomplete. This website is not deemed to be used as a solicitation in a jurisdiction where this representative is not registered.
Mutual funds provided through FundEX Investments Inc.
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