Young Asian cancer patient sitting in wheelchair outside their home.

Critical Illness

With the right protection, your only concern will be to get well

Over one third of Canadians will be affected by a serious illness like cancer, stroke or heart attack, according to the Canadian Life and Health Insurance Association. Critical illness insurance is designed to help you cover essential costs during recovery or while undergoing treatment for a serious illness.

Get more information or your no-obligation quote today:

1.877.851.4520

Email MyDignity

Protect your lifestyle and your life savings

The need for financial protection – while being treated for a serious illness, you may be incapacitated, unable to work or care for yourself. And while recovery time can be long, daily expenses that are not covered by provincial or territorial health plans (e.g., specialty drugs and private nursing) could quickly add up to tens of thousands of dollars. The financial implications could be devastating.
Critical illness insurance can help you cope with the financial consequences – you can use your benefits for income replacement, home renovations… even a respite vacation. The choice is yours. While lifetime protection can be purchased up to age 65, premiums can become costly for policies purchased past age 55. No one can predict when or if they will become sick, yet the financial implications of an illness can be long lasting. So the best advice is to plan early.
You don’t have to go it alone – our program partner MyDignity sold the first critical illness insurance policy in Canada. Representing multiple providers, they begin by assessing your health situation, determining your benefit and coverage needs, explaining all options, then finding a solution for your individual circumstances.

Plan & coverage details
Making a claim

How it works: You will receive a tax-free, lump sum cash payment upon diagnosis of one of your policy’s covered illnesses. In most situations you must survive 30 days from the date of diagnosis to collect your policy benefit amount. A few illnesses stipulate longer waiting periods before a claim is paid as it takes longer for medical professionals to positively diagnose these conditions.

While basic plans cover cancer, stroke, heart attack, and bypass surgery, comprehensive plans will cover basic illnesses plus over 20 of today’s more serious conditions. There is strict underwriting criteria – in addition to health and lifestyle practices, underwriters even consider family history.

If you need to make a claim, MyDignity is here to help

If you have been diagnosed with one of the illnesses listed on your policy, you should contact MyDignity directly to initiate the claim process.

STEP ONE

Call 1.877.851.4520. Speak with one of MyDignity’s customer service consultants, who will explain the entire process and outline the initial information required from you, including the required forms you must complete and submit to begin your claim.

STEP TWO

Complete the required forms and paperwork. It is recommended that all the completed forms be returned to MyDignity. They will verify that all information is correct and complete, liaise with you or your Power of Attorney, and act as your advocate with the insurance carriers.

STEP THREE

MyDignity will help ensure everything is in order. They will verify that all information on your completed form is correct, and then submit your claim directly to the insurance carrier.

Once the policy benefit amount has been paid out in full, the policy will terminate unless the policy contains specific provisions such as a partial payout or a second event feature.

A care plan customized to your individual circumstances

Whether you’d like a no-obligation quote or more information, call toll-free. Licensed specialists from our program partners MyDignity will answer your questions, explain your options, and help select the coverage that's right for your needs and budget.

Call 1.877.851.4520

Email MyDignity