We all know, or have heard, of people who have suffered from a heart attack, stroke or cancer.
While the good news is many more survive today than in past years, there can be a financial and emotional impact to survivors and their families.
Critical illness insurance was first envisioned back in the early 90’s by a physician, Dr. Marius Barnard in South Africa (not by an insurance company). Dr. Marius Barnard, who helped his brother, Dr. Christian Barnard, with the first human heart transplant, recognized that advances in medical science were helping his patients live longer. But at what cost? Dr. Barnard saw the financial and emotional devastation that this survival could cause.
If you were struck with the devastating news that you have a life-altering critical illness, would having extra money help?
A critical illness insurance policy from Great-West Life may provide a lump sum of money at a time when you need it most.
Critical illness claimants have indicated they have used their critical illness insurance benefits for what matters most to them. Some examples include:
· paying off major debts and their mortgage
· funding for prescription drugs not covered by their provincial plan
· seeking alternative or out-of-country medical treatment
· continuing to fund their children’s education savings plans
· continuing to build a retirement savings fund
· taking a rejuvenating trip for the entire family during or after recovery
In addition, optional riders are available that may allow for a return of premium benefit if there is, thankfully, no need to claim.
Can you afford not to explore this important protection for you and your family?
If you would like additional information on this valuable coverage, please don't hesitate to contact me.
I can be reached at 250-932-7777