Critical Protection

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The Coverage You Need While Still Alive

Should something critical or unfortunate happen to you while you are still alive, you need appropriate coverage to protect yourself financially. With Assumption Life’s living benefit, you can cover your daily expenses and bills in case you become diagnosed with a critical illness or you become disabled. It can also provide some other benefits and features such as dental insurance, travel insurance, health insurance, and long-term care. The Living Benefit’s Critical Protection covers up to 16 critical illnesses. The coverage pays a lump sum to the insured, as specified in the contract for Critical Protection, if he is diagnosed with a covered condition. In addition, additional expenses such as home care, time off work, travel for treatments, and so forth are covered by this benefit.

Top Features and Benefits

With Critical Protection, your financial health will not decline while you were sick. It caters for you all round while still preserving your financial health. In addition, the plan is renewable and also, the plan does not require any medical exam for each of the amounts. The plan includes four terms namely, term to 15, 20, 25 and up to age 75.

  • Critical Protection will pay the insured a lump sum benefit if diagnosed with any of the covered 16 critical illnesses.
  • The payment can be used to cover additional expenses for travel to get treatments, time off work, cost of treatments, and home care.
  • The plan includes terms to 15, 20, and 25 and also term up to age 75.
  • No medical exam is required for each of the amounts.
  • The coverage is designed for individuals between the ages of 18 and 60 (both inclusive).
  • The plan is renewable and the premiums for the plan remain the same throughout the life of the contract.
  • Also, the plan does not include any waiting period. It offers immediate coverage.
  • The coverage ranges from $10,000 to $100,000.

 

Similar Assumption Life Insurance Products

  • Health & Dental
Health & Dental

 

Additional resources

Learn more about other health insurance options from these informative articles.

Insurdinary provides a comprehensive quotes comparison sends straight to your inbox so you can start comparing health coverage in minutes. See plans from several major Canadian insurers to choose the right option for you. Our customer health specialists are also available to address your questions and concerns.

For more information, you may contact us at 1-877-574-7475, or complete the form below.

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