May 4, 2022
Author: The Link Between
Risks are inevitable. In insurance, we talk risks a lot, because we specialize in building the safety net you need to protect against their financial consequences. Take our Quiz to test your knowledge on the likelihood of some commonly known risks actually occurring.
Click the link below to go to the Quiz to find out what protection is right for you!
What is Critical Illness Protection?
You can protect yourself against the financial impact of a serious condition with critical illness insurance. It pays a lump sum benefit upon diagnosis of a covered medical condition. Individuals must typically survive the condition for 30 days to qualify for a claim. The entire amount insured is paid out in a single lump sum, and then the policy expires.
Sample Covered Conditions List
Return of premium on death and expiry are available on many policies. These entitle the policyholder to a full or partial refund of premiums paid, either at death or when the policy is cancelled/matures.
Each plan offers its own unique combination of features and benefits, most include a very similar list of covered conditions, and all include a lump sum benefit if critical illness strikes. But how much coverage does someone need? Click through the other tabs to get some perspective or contact our office to learn more.
Try our calculator and consider the potential financial implications and expenses that can be associated with a critical illness. Regardless of the estimates you include, if you receive a lump sum critical illness benefit, it’s yours to do with as you see fit.
Contact our office to learn more.
Critical Illness Insurance Needs
Critical illness insurance can help replace your income and cover expenses and debts if you become sick.
This calculator is for educational purposes only. All charts and illustrations are for illustrative purposes only and are not intended to illustrate the performance of any security or portfolio. You should not rely on the results as an indication of your financial needs and we recommend that you seek your own financial, investment, tax, legal or accounting advice nor shall the information herein be considered as investment advice or as a recommendation to enter into any transaction. Professional advice should be obtained prior to acting on the basis of this information. The deduction of advisory fees, brokerage or other commissions and any other expenses that would have been paid may not be reflected in the calculation results.©Copyright 2022 Ativa Interactive Corp. All rights reserved. Powered by Ativa.com.
A critical illness is one of the most likely events to occur among insurable risks.
Strengthen your safety net with protection against the financial consequences of a critical illness.