Critical illness & cancer: Protecting your future
Critical Illness Insurance plans can make a difference. While most of us think, “It will never happen to me,” critical conditions can touch anyone, anywhere, at any time—often without warning. Thanks to modern medicine, more people are surviving these events than ever before. However, you’re likely to lose income during treatment and recovery, and in addition, your family will need help paying out-of-pocket medical expenses, plus everyday costs. 1 in 2 Canadians will develop cancer in their lifetime.
Understanding the risks
Facing a critical illness diagnosis can be overwhelming. Understanding the risks and potential financial burdens is the first step towards securing your future. At Fortis Guard Financial Group, we provide the knowledge and solutions you need.
Cancer
Nearly two in five Canadians are expected to be diagnosed with cancer in their lifetime. An estimated 239,100 new cases will be diagnosed this year in Canada.
Heart Attack
There are an estimated 70,000 heart attacks each year in Canada. That’s one heart attack every seven minutes.
Stroke
There are over 108,000 strokes in Canada each year. That’s one stroke every five minutes.
Kidney Failure
More than 52,000 Canadians are treated for kidney failure each year.
How fortis guard financial group can help
At Fortis Guard Financial Group, we understand the challenges you face. Our critical illness and cancer coverage options are designed to provide you with the financial support you need during difficult times. Let us help you protect your future and your family's well-being.
Critical illness coverage
Our Critical Illness policy will pay you 100% of your chosen benefit amount for any of 26 covered conditions, depending on the plan selected. Benefit can be requested as Return of Premium Upon Good Health; If the insured has not been paid any standard 100% critical illness benefits, they may request that all initial premium paid for the policy and this rider, be returned, less any partial benefits paid. This is a lifetime plan and can pay upto 200% of your chosen face amount. This plan can cover everyone in the family, even children.
Cancer coverage
Should you be confined overnight as an inpatient in a hospital anywhere in Canada or the United States, and you are totally disabled because of a covered cancer, heart attack or stroke, we will pay you a daily hospital benefit. Your benefits begin on the very first day, provided you qualify, and are paid for each day you are hospitalized … up to 365 days. Should you be totally disabled following a period of a covered hospital confinement as an inpatient, we will continue to pay you … for up to three times the number of days you were in the hospital. This benefit is payable to you while you are recovering at home or anywhere. If you require outpatient surgery, chemotherapy or radiation treatment, because of a covered cancer we pay for the day of each such surgery or treatment and for up to a maximum of 365 days.
*Coverage is subject to policy terms, conditions, qualifications, and underwriting requirements. Exclusions and limitations may apply. Complete details are provided prior to completing an application*