Critical illness Insurance
Critical Illness Insurance from iRateCompare provides a tax-free lump-sum payment if you’re diagnosed with a covered condition like cancer, heart attack, stroke, or other life-threatening illnesses.
When a covered medical condition, such as a heart attack, cancer, stroke, paralysis, etc., is diagnosed, it offers a lump sum tax-free benefit. This benefit is paid out when you are diagnosed with one of the illnesses covered by the plan and live for 30 days after the diagnosis (unless a longer survival period is specified).
Do you and your loved ones have enough money to endure a critical illness? When you have a serious illness, there are immediate financial repercussions:
- Absence from work
- The price of in-home care during a sickness and recuperation time
- Treatment received outside of Canada or other medical expenses that the provincial health plan does not completely cover
- Early Retirement and Education for Children
The majority of illnesses covered:
- Surgery on the Aorta
- Alzheimer’s disease
- Blindness from
- Benign Brain Tumors
- Cancer
- Recurrence of Cancer
- Coma
Surgery for - Coronary Artery Bypass
- Deafness and Disabling
- Heart Attack
- Replacement of Heart Valve
- Decrease in Individuality
- Speech Impairment
- Significant Organ Failure
- Lou Gehrig’s disease (ALS) and other major organ transplant motor neuron diseases
- Multiple Sclerosis
- HIV Infection at Work: Paralysis
- Parkinson’s illness
- Extreme Burns
- A stroke