Critical Illness
Critical Illness Insurance In Lethbridge
Science has come a long way, and today, thanks to the revolutionary breakthroughs in medical science, the chances of surviving a critical illness is much better than before. However, they often come at an extremely high financial cost. Recovering from a life-threatening illness might take months or years, and it can eat away a big chunk of your life savings. This is where we come in: IG Wealth Management offers insurance for you and your family when you’re recovering from a critical illness
Some important facts about critical illness
- 50,000 Canadians suffer a stroke each year
- 1 in 3 Canadians will develop cancer
- 1 in 4 Canadians will develop some form of heart disease
- 75,000 Canadians suffer heart attacks each year
- 1 in 20 Canadians run the risk of having a stroke before the age of 70
How can critical illness insurance help?
Most people already have disability insurance or life insurance in Lethbridge. However, these insurance products aren’t designed to cover the staggering expenses incurred by a life-challenging illness in which a long period of convalescence and treatment is required.
Critical illness insurance helps during such times as it is designed to provide consistent funds to help you financially care for yourself and your family while maintaining your quality of life. The plan is designed to pay a lump sum tax-free benefit. The complete amount is usually paid to the owner after initial signs of a critical illness occur.
No one can predict what happens in the future, but everyone can prepare for the worst. IG Wealth Management is among the leading insurance companies in Lethbridge that offer critical illness insurance so you can keep providing for your family while you’re recovering from a chronic illness.
