Craig Ferguson Insurance Services ,since 1991

                                                                                                                 

 

                                         

 

                                       Hamilton 905-667-4410     Kitchener 519-772-4810      Toronto 416-238-4410     Ottawa 613-288-8194

                                                                                       Toll Free:   1-866-856-6799                                                                                                                                                                                                                                                                                                                                                                                                                                                                

                                                                                                                                                                                              

                                       

            
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Critical Illness Insurance (continued)

 

 

 
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If you, or someone close to you has a chronic or critical illness, please click here.

Critical Illness coverage is a great fill in coverage - bridging a gap between life insurance and company or personal Long-Term Disability (LTD) plans. It can be used to eliminate debt such as a mortgage, and therefore free up money otherwise needed on a monthly basis.

Basically, critical illness is life insurance that pays the policyowner and not the beneficiary. It is life insurance that pays when you are alive but suffer a life-altering critical illness.

Like life insurance, the benefit is "tax-free", and pays in a lump sum for the amount of coverage you elect.

Like disability insurance, it is tougher to qualify medically for Critical Illness coverage, and premium is not as large an issue as being accepted!

Thankfully, a low cost, guaranteed issue plan is available to get you started. Just click this link to get there:

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(If you do not have Microsoft Powerpoint on your computer, please click to download the Powerpoint viewer).

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Last modified: 12/14/09