Critical Illness insurance
Critical Illness Insurance in Canada is specifically designed to offer support to policyholders diagnosed with a predetermined number of critical illnesses, often requiring survival for at least 30 days after diagnosis. If you’re seeking coverage for life’s unforeseen circumstances, Taaj Insurance is here to assist you. Request a free, no-obligation quote from us to discover how we can tailor insurance to your needs, providing comprehensive coverage while keeping your monthly costs minimal.
Critical Illness insurance provides financial protection to you or your spouse in the event of a diagnosis of a range of illnesses, spanning from three common conditions like cancer, heart attack, and stroke to as many as 22 conditions, including MS, Alzheimer’s, Parkinson’s, ALS, blindness, deafness, loss of speech, coma, severe burns, late-onset diabetes, and loss of independence.
While adopting a healthy lifestyle can help mitigate certain health risks, critical illnesses such as cancer, stroke, or heart disease can affect anyone, regardless of their habits. Consider the following statistics:
- One in three Canadians will confront a life-threatening cancer.
- Half of all heart attack victims are younger than 65 years old.
- Every year, 50,000 Canadians experience a stroke, with 75% of stroke survivors left with a disability.
Insurance
Expenses such as private nursing care or home and vehicle modifications to enhance mobility are typically not covered by provincial health insurance plans and may not be included in standard employer-sponsored health plans. Additionally, critical illnesses present various challenges, including accessing top-tier medical care, meeting daily needs such as childcare, and managing the emotional toll.
Taaj Insurance’s Critical Illness Insurance offers a lump-sum benefit to provide financial support if you are diagnosed with and survive a covered critical illness. You can utilize this benefit payment to complement your existing health insurance plan and any group disability coverage you may have:
Alleviate financial stress: Settle or reduce mortgage payments, credit card debts, or other financial obligations. Keep your business operations running smoothly. Preserve independence: Adapt your home or vehicle for improved accessibility. Hire domestic assistance during your recovery period. Finance a temporary leave of absence for yourself or your spouse. Access advanced medical treatments: In Canada, cover the costs of medications and treatments not covered by provincial health plans. Abroad, finance treatments that may not be available locally, along with travel and accommodation expenses for you and your family. Support your recovery on your terms: Spend quality time with loved ones or utilize the benefit in other ways that aid your recuperation journey.
Critical Illness Insurance Quotes in Canada from Taaj Insurance
Taaj Insurance also provides the option for policyholders to pay an additional fee and receive a full refund of all premiums paid at a predetermined point if no claims have been filed. Many Critical Illness insurance products include access to the Best Doctors service for all critical illness policies.
This service offers clients access to top North American doctors specializing in their illness and facilitates reduced-cost treatment bookings. Critical illness insurance in Canada assists in covering expenses related to life-altering illnesses. Upon surviving the waiting period after being diagnosed with a covered illness, policyholders receive a lump sum cash payment, which they can allocate according to their needs. Obtain your free quote today for Critical Illness Insurance from Taaj Insurance.