Critical illnesses could be unexpected but they occur. The 2015 report by the Canadian Heart and Stroke Foundation noted that 9 in 10 Canadians are at risk of either heart disease or stroke. If you are diagnosed with a critical illness condition and you don’t have an appropriate insurance coverage, you could end up jeopardizing your entire retirement savings to cover up the bills, you definitely do not want that, do you? Empire Life’s CI Protect can help you cover bills on the covered critical illnesses and fast track your recovery.
CI Protect is perfect for young families who want to cover mortgage with CI protection and also desire income replacement. It is adequate for small businesses that need the right protection for daily business expenses and to ensure productivity. It is the best for people planning to retire and want to preserve their savings.
What Empire Life CI Protect Critical Illness Insurance Plan Covers
CI Protect covers four out of the most common critical illnesses suffered by most Canadians. The conditions include stroke, heart attack, coronary artery bypass, and cancer. In the event of your death, your beneficiary will receive $1,000 death benefit with no extra charge, irrespective of the cause of death. The coverage is guaranteed to age 75, provided you pay your premiums.