Choose Critical Illness Insurance for Peace of Mind When You Need It Most

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Choose Critical Illness Insurance for Peace of Mind When You Need It Most

Critical Illness Insurance policy in canada

During times of personal health crises, financial worry can become more overwhelming than usual. If you want to mitigate stress during the time you and your family need the biggest relief, consider a CHES Life critical illness insurance plan.

Despite scientific advances, major illnesses such as cancer, heart attack and stroke are prevalent in our society. It is estimated that nearly 50% of Canadians will be diagnosed with cancer at some point in life and 200,000 are diagnosed with the illness every year. Heart disease is the leading cause of hospitalization in Canada and 50,000 Canadians suffer strokes annually.

While we live in a country with one of the most advanced medical systems and fair access to health care services, Canada’s health care system only covers a fraction of the care and costs associated with the diagnosis of a critical illness.

Invasive treatments, hospitalization and adjusting to the recovery process places an immense emotional burden on the patient and their families. And while survival rates for serious illness are increasing, recovery is a daunting process that often requires massive changes to lifestyle and day-to-day needs.

And the emotional burden is compounded by potential financial burdens including expensive medication, not always covered under provincial health care plans, and potential loss of income for both the patient and even perhaps a family caregiver.

Having critical illness coverage ensures that if the time comes that you are faced with a life-altering diagnosis, financial worries will be mitigated and focusing on time with your family and concentrating on recovery can both rightfully be top of mind.

CHES Life’s critical illness insurance plans cover a wide variety of diseases, including common ones such as cancer, heart disease and stroke.

If you become sick with an illness for which you are covered under your critical illness policy, you will receive a non-taxable, lump sum benefit after the 30-day survival period. The funds can be used however you see fit — without restriction.

And there is more.

Our affordable critical illness policy benefits go beyond relieving the financial burden. You will get access to the world’s best medical specialists, assistance with daily living to manage day-to-day chores, access to support for dealing with the mental health aspect of a critical illness diagnosis, a care coach to support a range of challenges such as locating child or elder care, arranging transportation and more. You will also get access to a book, and video and audio content to help you through your journey to better health.

Products such as life insurance provide long-term financial support for you and your loved ones. Critical illness protection provides immediate relief during the time of an unforeseen illness. You may need to take off time to recover, use resources to pay for expensive treatments and cover the cost of expensive medical equipment and, if required, home outfitting — that is where you will see the value of critical illness insurance.

Financial security in times of health crises is of paramount importance. If you are concerned about the financial toll of a critical illness diagnosis and want to protect your family and access the best care possible, buying a critical illness insurance plan from CHES Life is the right choice for you.

Contact one of CHES Life expert advisers to discuss your options.

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