Critical Illness Insurance

Critical Illness insurance pays you a one-time lump-sum benefit if you have a critical illness insured condition that meets one of the definitions set out in the policy and the survival period has been satisfied. The survival period is 30 days for most insured conditions. Critical Illness is living benefit, meaning you receive the benefit while you're alive and are free to spend the money as you wish or require.

24 Life Advance critical illness insured conditions:

• Alzheimer's disease
• Aortic surgery
• Aplastic anemia
• Bacterial meningitis
• Benign brain tumor
• Blindness
• Coma
• Coronary artery bypass surgery
• Deafness
• Heart attack
• Heart valve replacement
• Kidney Failure
• Life-threatening cancer
• Loss of limbs
• Loss of speech
• Major organ failure on waiting list
• Major organ transplant
• Motor neuron disease
• Multiple sclerosis
• Occupational HIV infection
• Paralysis
• Parkinson's disease
• Severe Burn
• Stroke

Canadians need critical illness insurance. It's a fact. A serious life-altering illness strikes one in three Canadians in their lifetime. Consider these Canadian statistics:

Cancer:

• One in 2.2 men and one in 2.5 women are expected to develop cancer during their lifetimes.
• Sixty-two percent of cancer patients are expected to survive at least five years after being diagnosed.

Heart disease

• One in two men and one in three women are predicted to develop heart disease in their lifetimes.
• One heart attack occurs every seven minutes.
• Over 80 per cent of hospitalized heart attack patients survive.

Stroke

• One stroke occurs every 10 minutes.
• Eight-five percent of stroke patients survive.

Multiple sclerosis (MS)

• Every day three people are diagnosed with MS
• MS is the most common neurological disease among the young.

Alzheimer's disease

• It is estimated that 280,000 Canadians over 65 have Alzheimer's disease.