Critical Illness Insurance
What is critical illness insurance?
Critical illness insurance is a type of health insurance that provides a lump-sum payment if you become seriously ill. Unlike other types of health insurance that protect your loved ones, this coverage protects you should you become sick.
Types of Illnesses Covered Typically Include
- cancer
- heart attack
- stroke
- blindness
- Alzheimer’s
- multiple sclerosis
- organ transplants
- kidney failure
- paralysis
*Note that types of illnesses covered vary from company to company along with the degree of severity of, or conditions associated with, an illness or disease.
Coverage is not available for a pre-existing condition or illness.
Like other types of Life and health insurance, the right time to get coverage is while you’re healthy. With one less thing to worry about, you can take comfort in being better prepared for unexpected expenses. Your Merit Insurance broker will help choose the right type of policy and help you fully understand your coverage, that is the Merit Difference.
Click here to get a quote or contact Merit Insurance Brokers to learn more.
FREQUENTLY ASKED QUESTIONS
Why should I get critical illness insurance?
Critical illness insurance is coverage that can help Canadians or those living in Canada pay the additional costs associated with life-altering illnesses like cancer, stroke, heart attack and dementia.
What are the benefits of critical illness insurance?
- Helps pay for expenses that aren’t covered by your provincial or territorial health plan.
- Provides a lump sum of money for you and your family as you cope with a critical illness.
- Reduces financial stress so that you can focus on your recovery.
Toronto Office
111 Gordon Baker Rd. Ste 100
North York, ON M2H 3R1
Tel: (416) 497-5556
Fax: (416) 497-9212
Toll Free: 1 (800) 563-3383
welcome@merit-insurance.com
Waterdown Office
20 Main St. N, Unit 7, P.O. Box 879
Waterdown, ON L0R 2H0
Tel: (905) 690-6888
Fax: (905) 690-4229
Toll Free: 1 (800) 563-3383
welcome@merit-insurance.com