GUELPH, ONTARIO--(Marketwire - Oct. 15, 2012) - A condition such as a life-altering illness, not only takes us by surprise but the physical, emotional and financial toll is often insurmountable for the diagnosed individual and their family. If you're like most people, you've likely considered the consequences of a sudden serious illness. Whether you're worried about who will take care of your family or who would pay the bills, you're not alone.
Thankfully, due to advancements in medical science and improvements in healthy living, individuals diagnosed with critical illnesses have a better chance at recovery. However, even with the treatment available, there still exists the associated cost of facing an illness. In such cases, critical illness insurance is the product that can help you through trying times. Funds provided through your critical illness coverage will ease the burden during your recovery by limiting the financial impact of your life-altering illness. Ultimately, allowing you to focus on making a healthy recovery without disrupting your lifestyle or income.
Critical illness insurance will provide you with a lump sum payment upon survival of a designated waiting period after the diagnosis of one of several specific critical conditions, such as life-threatening cancer, heart attack or stroke, to do with as you please. This means you'll not only have critical illness income protection, but that you'll also be free to:
- Complement your health-care alternatives
- Hire a nurse or caregiver
- Pay your mortgage
- Complete illness-related home renovations
- Pay for childcare and housekeeping
- Send your children to college or university
- Provide cash for expensive drugs and treatments in the United States or abroad.
The Co-operators is a leading Canadian-owned insurance company that offers products such as critical illness coverage and critical illness income protection, amongst many other products. With 65 plus years of experience and agents in over 600 locations across the country, we've provided service with a personal touch to over one million Canadian customers. That's why, when you're looking to protect yourself and your family you can turn to The Co-operators; your community insurance provider. Get a critical illness insurance quote, today.