Living benefits
Critical illness insurance
A critical illness policy pays a lump sum if you are diagnosed with a covered condition, such as a listed cancer, heart attack, or stroke. It is not a monthly income and it is not life insurance.
What the money is for
Time off work, travel for treatment, or bills that a life policy does not pay while you are still living.
What it is not
It is not a monthly paycheque, and it is not life insurance. It pays a lump sum for a covered diagnosis.
Where
Available in British Columbia and Alberta.