Which Critical Illnesses Are Covered by This Policy?
If you’ve been laid off due to illness, having substantial money to spend on monthly bills, paying off your mortgage, or healthcare costs can be highly beneficial. Critical illness insurance is meant to help you whenever you require it the most. Long-term and life-threatening diseases are commonly covered with this policy, including:
- Heart disease
- Kidney failure
- Organ transplant
- Parkinson’s & Alzheimer’s disease
- Motor neuron disease and many more
What Is the Cost of Critical Illness Insurance in Greater Toronto Areas?
The standard critical illness insurance policy acquired is $100,000. The cost of your yearly premium is determined by various criteria, including your age, your physical wellbeing, the number of severe diseases covered by the policy, and the term duration. Generally, the older you are to acquire an insurance policy, the more you need to pay.
Critical illness insurance is comparatively more expensive than life insurance since you are more likely to claim it throughout your working life. However, you might also save money by integrating it with life insurance. Unfortunately, this could lower the final amount you are eligible to receive.
Want to Acquire a Critical Illness Insurance Policy in Brampton? Get in Touch with Us!
Gill Financial Services is a well-known insurance firm in Brampton that provides comprehensive assistance with critical illness insurance policies. Firstly, when you visit us, we discover the best-suited plans for you and then explain them by describing the benefits and drawbacks of each policy. Finally, we assist you in obtaining the appropriate insurance coverage for your needs. Feel free to contact us today and get your critical illness insurance policy today!