Coverage when it counts
You have a bright future ahead and big plans for what you want to achieve, but unexpected events can throw you off track. One of those challenges could be a severe illness. Advances in medicine mean more people survive illnesses like cancer and stroke than ever before, but recovery can be stressful.
Having a plan in place is important so if you’re faced with a severe illness you don’t have to worry as much about your finances and can focus on your recovery.
One in 2.2 men in Canada will develop cancer in their lifetime*
One in 2.5 women in Canada will develop cancer in their lifetime*
The good news is that more people are surviving illnesses than ever before.
Coverage For Uncovered Expenses
A critical illness diagnosis is stressful. It affects not only your health but the costs of a critical illness may be felt financially as well. With the public medical coverage offered in Canada, you might think an illness won’t affect you financially. However, there are a number of costs that may not be covered, such as: Travel costs to get to a treatment facility gas, hotel, meals Existing expenses home and car payments, food Costs for a prolonged illness housekeeper, home care, prescriptions, renovations or residence in a long-term care facility Understanding these costs can make you better prepared for a critical illness.
Freedom to focus on recovery
A critical illness doesn’t have to change your financial plans and goals. Critical illness insurance provides a one-time payment you can use however you want. This gives you flexibility to help keep your finances on track so you can focus on recovery.
A few ways you might use the money include:
- Supplement lost wages due to time away from work (for you or your spouse)
- Keep up on everyday costs (mortgage, savings, food, vehicle costs)
- Access private or out-of-country medical treatment
- Maintain your children’s activities and pay for childcare
- Cover operating expenses of your business
Offers coverage that may provide you with a lump-sum benefit if you’re diagnosed with one of the following critical conditions:
• Heart-attack • Stroke • Life-threatening cancer • Alzheimer’s disease • Aortic surgery • Aplastic anemia • Bacterial meningitis • Benign brain tumour • Blindness • Coma • Coronary artery bypass surgery • Deafness • Heart valve replacement or repair • Kidney failure • Loss of independent existence • Loss of limbs • Loss of speech • Major organ failure on waiting list • Major organ transplant • Motor neuron disease • Multiple Sclerosis • Occupational HIV infection • Paralysis • Parkinson’s Disease • Severe burns
Beyond financial support
A critical illness diagnosis can affect many areas of your life. You’ll likely need more than just financial support, which is why we offer access to medical support provided by Best Doctors, and emotional support through Shepell. These services can help reduce the stress of an illness so you can focus on recovery.
This service provides you access to Best Doctors’ network of 53,000 physicians to help you get an expert medical opinion to find the right diagnosis and treatment information. Best Doctors can also help you find specialists both locally and internationally and ensure that your medical questions are being answered by the top specialists in that condition.
The stress of a critical illness can be a lot to handle. Shepell offers professional counseling, family support services, registered dietitians, and more, to help you deal with the emotional impact of your condition.***
Let’s keep your plans on track
We can help you stay on track financially even if the unexpected happens. If you become ill, worrying about your finances is a stress you don’t need. Oasis, the critical illness insurance from Great-West Life, can provide financial support through a lump-sum payment, and the freedom to use that money however you’d like. You can focus on your recovery and on becoming mentally and physically well again.
For more information, call me today. 519-860-4223