Critical illness insurance provides income during a critical illness so that you can concentrate on your health needs and not have to worry about the effect of the illness on your finances. Not all critical illness insurance policies cover the same critical conditions. It is vital to know specifically what conditions are covered by each policy and the amounts you would be eligible to receive.
Critical Illness Insurance Key Points:
- May help you pay off your debts including loans, credit card balances and your mortgage
- Can help with payments for treatments not covered by OHIP
Can cover support services such as counselling