Critical Illness Insurance Ottawa, ON
Ottawa Life Insurance Brokers & Agents
Critical Illness Insurance provides a lump-sum tax-free payment to the insured during their lifetime in the event they are diagnosed with a critical medical condition. The main conditions consist of Heart attack, Stroke and Life-threatening Cancer.
- Choice of Basic coverage (3 conditions) or Enhanced coverage (25 conditions)
- Available in Term and Permanent coverage
- Available to adults and children
- Early detection benefit may be included in certain contracts
- Additional options can be added, such as Return of Premium
Critical Illness Insurance can be used in the following instances:
- To help pay for medical expenses
- To cover debt
- To replace lost income
- To protect retirement assets and other savings
- To fund a buy/sell agreement for business owners
To learn more about these insurance products, Contact Kelvin Chong - Life Insurance Brokers.