Coping financially with an illness is just part of the picture. Having access to emotional support and medical treatments can help your recovery.

Expert medical help

Get access to the top 5% of specialists in their fields. They can:

• Provide a second opinion
• Help understand medical conditions
• Explain treatment options
• Help navigate the health care system 
  

Additional support

You and your family can get professional help to deal with the impact of your illness. They can provide:

• Counselling services
• Family support services (child care, home care)
• Legal and financial consultations
• Nutritional advice

Depending on the severity of your illness, you may need to take time off work.

Let’s consider your income and expenses to determine how much coverage you need. 

First, let’s look at your income. 

• How much income might you lose if you were too sick to work? 
• If your spouse had to take a leave of absence how much income would they lose? 

Now, let’s look at your current expenses.

• Mortgage or rent
• Loans and other debts
• Groceries and utilities
• Credit card payments
• Other living expenses  

Lastly, keep in mind you may incur additional expenses.

• Healthcare (hospital room, drug costs, etc.)
• Travel for treatments
• Childcare during treatment and recovery
• Domestic help (live-in nurse)

These are some of the expenses that can give you an idea of how much coverage you may need. This is only the first step. 

An advisor can do a thorough needs analysis with you.

You can add a return-of-premium benefit to your critical illness insurance policy. If you don’t experience a serious illness after as early as 10 years, you can choose to get your money back. If you choose this option your policy expires.

Depending on your situation you may need only critical illness or disability insurance but there are many times when you need both to fully protect yourself. 

Critical illness and disability insurance work together to help reduce the impact of disability or serious illness.