With Canada Life’s critical illness insurance, you can protect yourself and your loved ones in the event of such a life-threatening condition.If you are looking for a financial protection that will help you to cover the costs associated with recovery from a life-threatening illness condition, you need this critical illness insurance plan. You also need this plan to protect your loved ones. The plan includes a lot of benefits such as support services, coverage for uncovered expenses, protection for your retirement and so forth.
If diagnosed with a critical illness condition, you will receive a tax-free lump sum after surviving the survival period specified in the policy. In addition, you are free to spend the lump sum amount the way you want and as you deem fit such as covering lost income, paying off a mortgage, paying for private nursing and so forth. This helps you to focus on your recovery.
Learn more about health insurance from these informative articles to help you decide in choosing the best plan for you.