Critical illness insurance
A tax-free lump sum when a serious illness strikes
Critical illness insurance pays you directly if you’re diagnosed with a covered condition and survive the waiting period in your policy.
Who it’s for
Is this right for you?
- Self-employed people without sick pay
- Families with a mortgage and children
- Anyone with a family history of serious illness
How it works
- Choose your coverageA lump sum amount that fits your budget.
- DiagnosisIf diagnosed with a covered condition and you survive the waiting period…
- Tax-free payment…you receive the lump sum to use however you need.
Key features
What you get
- Lump-sum payment you can use any way you choose
- Covers serious conditions such as cancer, heart attack and stroke (definitions vary)
- Options for children
- Return-of-premium options on some plans
Get started
Talk to an advisor
Tell us a little about what you need. A licensed advisor will compare options from several insurers and call you back — there is no cost for advice.
- Free, no-obligation quote
- Options from several insurers
- Clear explanation of benefits and exclusions
Questions
Frequently asked questions
Isn’t my provincial health plan enough?
Provincial plans pay for medical treatment, but not your lost income, mortgage, or costs like private care and travel. Critical illness insurance fills that gap.
Which illnesses are covered?
It depends on the insurer and plan, and the definitions matter. We’ll compare them for you.