Canada Life | Critical Illness Insurance

By: Crown Life  09-12-2011
Keywords: Critical Illness Insurance

Critical illness insurance is a form of protection that can provide you with a lump sum payment if you suffer from a covered critical illness and the survival period is satisfied. The physical and emotional strain of a critical illness can be severe and when you combine that with the potentially damaging financial impact, the result can be devastating.

That’s where the critical illness benefit comes in—you are free to spend the money as you wish—such as to help cover lost income, to pay for private nursing or out-of-country treatment, for medical equipment or even to pay off your mortgage. It can help you where you need it most so you can focus all your energy on recovering.

A critical illness can happen to anyone:

  • It is estimated there are over 70,000 heart attacks in Canada each year.
  • There are between 40,000 and 50,000 strokes in Canada each year.
  • An estimated 3,075 Canadians will be diagnosed with cancer every week.

Our critical illness insurance plan, LifeAdvance™, helps you protect yourself against the high cost of dealing with a critical illness and rebuilding your lifestyle.

A critical illness insurance product available to help protect your child between the ages of 60 days up to age 25, if the child is diagnosed with a critical illness or condition.

Keywords: Critical Illness Insurance

Other products and services from Crown Life

09-12-2011

Canada Life | Real Estate Fund Update

You can purchase units of the Fund or request a switch or withdrawal of the value of your Real Estate Fund units at any time. If you want to change the payment amount or the fundthat your payments are taken from, please contact your advisor. The Canada Life Real Estate Fund remains invested in 114 high-quality commercial properties that generate stable.


09-12-2011

Canada Life | Retirement & Investment Products

Guaranteed interest terms offer a fixed-interest rate for the term you select and add a level of guarantee and stability for your financial plans. Through all the stages of your life you should have one-stop access to all the investment solutions you need. To help you achieve your savings goals, we offer several types of savings options with many features.


09-12-2011

Canada Life | Disability Insurance

Disability insurance can provide you with financial security by replacing a portion of your earnings when an accident or illness causes you to become disabled and unable to work or earn an income. We offer several types of insurance for business owners to reimburse certain business expenses, fund a buy-sell agreement or help hire a replacement for a disabled employee.


09-12-2011

Canada Life | Creditor Insurance

Learn about what creditor insurance underwritten by Canada Life can offer your customers. We work with many of the leading financial institutions in Canada. Canada Life underwrites several types of creditor insurance. We are Canada’s leading provider of creditor insurance. Coverage and benefits available vary by lender.


09-12-2011

Canada Life | Life Insurance

A proper financial plan can mean the difference between leaving your loved ones well-positioned financially and leaving them to cope with debts and an inadequate income. Supplement your retirement income or provide for long-term care or home care for yourself or a family member. There are two types of permanent life insurance—participating life insurance and universal life insurance.


09-12-2011

Canada Life | Products

Creditor insurance coverage is offered through various creditors or lenders and is underwritten by The Canada Life Assurance Company—products offered vary by lender. Life insurance can help ensure your family is well-positioned financially and that your wishes are carried out when you die. We can help you overcome the financial burdens often associated with a critical illness or condition.