Government or group insurance cover as much as they can but they are usually insufficient when a serious life-threatening illness sets in. Besides, a critical illness can consume your entire life savings within a twinkling of an eye and leave you hopeless and miserable. But you can prevent such a menace by leveraging the EquiLiving critical illness insurance plan offered by Equitable.
Equitable Life EquiLiving critical illness insurance covers 25 critical illness conditions. In addition, the plan covers 5 critical illness conditions for children up to age 25. The critical illnesses covered in this plan range from heart attack and Alzheimer’s disease to major organ transplant, cancer, coma, multiple sclerosis and Parkinson’s disease.
Why Equitable Life EquiLiving Critical Illness Insurance Plan Makes Sense
EquiLiving critical illness insurance is designed to cover the cost and requirements of your extended healthcare. You can also take advantage of alternative therapies or therapies outside Canada. In this plan, you will be paid a lump sum if you survive the critical illness after 30 days of being diagnosed with it.