Revisiting Critical Illness Insurance
In the late 1990s Canadians were introduced to a new form of insurance to protect against the financial impact of a major health-changing event, such as a diagnosis of cancer, heart attack, or stroke.
Statistics showed that with advances in medical technology and many new medications available, patients were surviving conditions that once had low survival rates. However, the problem patients faced post-treatment was the financial damage caused during their long road to full recovery.
Doesn’t a traditional disability policy cover my loss of income?