CRITICAL ILLNESS INSURANCE
Critical Illness (CI) Insurance offers a lump sum cash benefit upon diagnosis of over 20 covered medical conditions*. This protection gives you the freedom to make choices regarding your treatment, care and recovery. Having financial independence during an illness may help in your recovery, while preserving your investments, savings and assets for your future.
* Refer to your policy for covered conditions and definitions, terms will vary per policy.
Here are some compelling statistics to be aware of…
Heart Attack *From the Heart and Stroke Foundation
1 in 4 Canadians will contract some form of heart disease. 75,000 Canadians suffer heart attacks each year. Heart disease costs the Canadian economy approximately $19 billion every year in medical services, hospitalisation expenses, loss of income and loss of productivity. The rate of death among patients hospitalised for heart attacks has been decreased by half, from 16% to 8%. 1 in 2 heart attack victims is under age 65.
Stroke *From the Heart and Stroke Foundation
50,000 Canadians suffer a stroke each year. 75% survive the initial event. Strokes are the leading cause of neurological disability. One-Third of stroke victims are under the age of 65. 60% of stroke victims will be left with a disability.
Multiple Sclerosis (MS) *From the Multiple Sclerosis Society of Canada
More than 50,000 Canadians have Multiple Sclerosis (MS). MS is the most common neurological disease among young Canadians. Canadians have one of the highest rates of MS in the world. Women are twice as likely to develop MS as men.
Parkinson’s Disease *From the Parkinson’s Foundation of Canada
30% of all Parkinson’s patients are under the age of 50. 20% of all Parkinson’s patients are under the age of 40. Approximately 80,000 to 100,000 Canadians are suffering from Parkinson’s Disease.