What is Critical Illness Insurance?
Critical illness insurance offers financial protection by providing a lump sum payment upon diagnosis of severe health conditions, helping individuals manage medical expenses and maintain financial stabili
Why Critical Illness Insurance matters?
Even though MSP covers most medical costs for Canadians, critical illnesses can still disrupt income and lifestyle. Critical illness insurance acts as an income backup, keeping your lifestyle secure while you focus on recovery and treatment
Financial Protection
lump sum payment upon diagnosis of a covered serious illness like cancer, stroke, heart attack, etc.
Income Replacement
Replacing lost income in the event of illness and maintain your life style by covering living costs untill your recovery.
Flexiblity in Use
No restriction on using lump sum payout. You can use the pay out for covering medical expenses, bills, debts or any other personal use.
Peace of Mind
CI provides peace of mind, knowing that you and your loved ones are financially protected in the event of a serious health crisis
How does critical illness insurance pay out?
Suppose you receive a diagnosis for any of the 26 critical illnesses specified in your policy and fulfill all the necessary policy criteria (such as the survival period). In these instances, upon approval of your claim, you will receive a lump-sum payment.
This money is yours to utilize as you see fit and for any purpose. For instance, it can help with expenses not covered by your provincial or territorial health insurance, like specific prescription medications, mortgage or rent payments, short- or long-term care, and more."
NAS: Your Trusted Independent Insurance Brokerage for Comprehensive Critical Illness Coverage
NAS is an independent insurance brokerage in Vancouver and all across the Canada collaborating with leading insurance providers across Canada. We specialize in offering a diverse array of critical illness (CI) coverage options at competitive prices. As we work with various insurance companies, we ensure access to the best coverage and pricing tailored to your needs, regardless of your medical condition. With NAS, you can rest assured that you're receiving top-notch CI protection that suits your unique circumstances.