Protection from the unexpected

When it comes to cancer, heart attack or stroke, you may think: “That couldn’t happen to me.”

The risk of experiencing a life-threatening illness is very real.

But the truth is, the risk of experiencing a life-threatening illness is very real. Did you know:Protect Family from a Critical Illness

  • Two out of five Canadians will develop cancer in their lifetime?1
  • Every four minutes, someone in Canada is diagnosed with cancer?1
  • More than 400,000 Canadians live with the long-term implications of a stroke?2
  • Your financial security plan can include protection for the unexpected?

Chances are you know someone who’s experienced cancer, a heart attack or stroke. Most of us have. A critical illness can affect almost anyone – including people who are in otherwise perfect health.

While it’s not fun to think about what might happen if you, your spouse or child experience a critical illness, it’s important to have a plan in case the unexpected occurs. This plan should help ensure you/your family can:

  • Pay important bills (mortgage, hydro, gas)
  • Cover medical expenses not covered by government or workplace health benefit plans
  • Afford alternative treatments to help with recovery
  • Avoid dipping into retirement funds or savings to cover expenses
  • Concentrate on recovery, rather than worry about finances

I can help you create a plan – including critical illness insurance – to help protect yourself and your family from any financial, or non-financial issues that might come up.

1 Canadian Cancer Society, “Cancer statistics at a glance”, http://www.cancer.ca/en/cancer-information/cancer-101/cancer-statistics-at-a-glance/?region=on.

2 Heart & Stroke Foundation, “Statistics”,http://www.heartandstroke.com/site/c.ikIQLcMWJtE/b.3483991/k.34A8/Statistics.htm#References.

Life is full of surprises

Critical illness insurance can help you keep more of your money

You’ve achieved success by working hard and making wise financial decisions. It means you can enjoy your wealth how, and when, you want.

But have you considered how an unexpected illness might affect your financial security planning? Your carefully managed plans could change and your money may not be used how you intended. We can help youCritical Illness Protection prepare for the unexpected and keep your plans intact.

What if there was a way you could use someone else’s money instead of your own – wouldn’t that make good financial sense?

Whose money would you rather use during a critical illness – yours or ours?

You can use insurance to transfer some of the financial risk of a critical illness from you to us. This can help you continue to make the most of your money, giving you the flexibility to keep your plans intact.

Critical illness insurance from Great-West Life can help prevent your hard-earned money from being spent on medical bills and associated costs that can arise from an unexpected illness.

One in three people will be diagnosed with critical illness in their lifetime.

Return-of-premium benefit that allows you to receive up to 100 per cent of the premiums you’ve paid back.

Keeping your money in your pocket

No one plans on getting sick, yet one in three people will be diagnosed with a critical illness in their lifetime. 1 That’s where critical illness insurance from Great-West Life comes in. This coverage pays you a one-time lump-sum benefit – which you can use however you choose – if you experience a covered critical illness.

Your coverage, how you want it

When you buy a critical illness insurance policy, you can add an optional return-of premium benefit that allows you to receive up to 100 per cent of the premiums you’ve paid back, at a designated point in time, if you don’t make a claim on the policy.

Use our money, instead of yours, to help manage the financial risk of a severe illness.

Not interested in paying premiums for your entire lifetime?

Talk to me to learn more about how critical illness insurance may make financial sense for you. The return-of-premium benefit gives you even greater flexibility if you purchase a critical illness insurance policy that provides lifetime coverage. For example, if you’re eligible to receive all of your money back in 20 years, rather than ending your coverage and getting your money back, you can use the return-of-premium benefit to pay for the rest of your policy.* This means you pay for your coverage sooner and free up more of your cash.

Not only do you have a way to help keep your plans intact, but you can also have lifetime coverage without having to pay for it for life.

Spend less to get more

With critical illness insurance you’re often spending less to get more. If you become ill with a covered critical illness within a few years of purchasing coverage, the amount of money you’ve paid for the policy – versus how much you’ll receive through the benefit – will be substantially less.

This means your wealth and financial security plans may not be affected by the costs of an unexpected illness. Instead, the money you receive from the insurance coverage can help take care of those costs for you.

We can help keep your plan on track

Leave your hard-earned money where it belongs: working and growing for you.

Don’t let surprises jeopardize your financial security plans. Choose how and when to spend your money. Proper planning with critical illness insurance can help you do just that.

Talk to me to learn more about how critical illness insurance may make financial sense for you.

Helping you recover from a critical illness with a plan

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 Critical Illness Coveragefelt 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.

Best Doctors

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.

Shepell

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