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C.J. Matthews & Associates Products

 

LIVING BENEFITS - CRITICAL ILLNESS

Critical Illness is a Living Benefits product, which lets you face illness without financial worry. Upon diagnosis of a critical illness covered by this product, you as the insured will receive a lump sum payment that you can use as you see fit and thus focus on your recovery.

Did you know?
Today, Canadians are faced with a high probability of suffering a serious illness. Are you prepared to deal with the financial burdens that can threaten your lifestyle?


What are the chances that you will experience a Critical Illness?

·         More than 1 in every 3 people will develop cancer in their lifetime. In addition, 31% of new cases of cancer are diagnosed in people 60 years of age or younger.

·         1 in 2 men and 1 in 3 women will most likely contract some form of heart disease during their lifetime. Half of all heart attack victims are under the age of 65.

·         Cardiovascular disease (heart disease and stroke) is the major cause of illness, disability and death in Canada. 4 out of 5 Canadians have at least one risk factor associated with cardiovascular diseases. Stroke ranks fourth among the leading causes of death in Canada.

·         Over 50,000 Canadians are afflicted with Multiple Sclerosis, which usually strikes young adults, 60% of whom are women.
 


What are the chances that you will survive a Critical Illness?

·         86% of victims hospitalized following a heart attack will survive. This percentage is higher for victims of a first heart attack and decreases for those who suffer subsequent attacks.

·         55% of people diagnosed with cancer will survive.

·         1 person out of 20 will suffer a stroke before age 70, and 82% will survive a first stroke.

 

Sources: Canadian Heart and Stroke Foundation, National Cancer Institute of Canada,

                Multiple Sclerosis Society of Canada

 

 

 

What kind of expenses might be associated with a Critical Illness?
A critical illness or condition can stretch anyone's resources.

Could you afford to:

  • modify your home
  • purchase a wheelchair or other specialized equipment
  • hire a nurse, housekeeper or child care provider
  • seek timely or non-insured treatment outside Canada
  • pay outstanding loans or mortgages
  • replace a key employee
  • hire additional staff

Source: Great West Life

 

What could Critical Illness Insurance do for you?

Critical illness insurance enables insured persons to enjoy insurance benefits during their lifetime. Insured persons are free to use the lump-sum payment as they see fit.

This kind of coverage helps insured persons maintain a certain quality of life by providing them the means to meet the many needs associated with critical illness, notably Drop in income due to:

  • Reduced working capacity
  • Early retirement
  • Specialized medical care
  • Childcare
  • Company management replacement
  • Vacation time to recover
  • Home refitting
  • Other

 

Source: Desjardins Financial



C.J.Matthews & Associates Limited
are associated with a number of companies who are notable in the Critical Illness field; Desjardin Financial, Manulife, RBC Insurance, Standard Life & Great West Life.

For further information, please contact Allan Muise or John Simms.

 

 

Links for Critical Illness Information:

 

Health & Critical Illness information
http://www.dsf-dfs.com/enCA/Prtclrs/InfrmPrdts/PrdtsAssrnc/AssrncSntMldsGrvs
.htm#CriticalIllnessInsurance


The Great-West Life Assurance Company
Critical Illness
http://www.gwl.ca/gw-home/english/critical_illness/index.html

 


Consumer Publications
http://www.clhia.ca/index_en.htm

 

C.J. Matthews
& Associates Limited

2045 Harvard Street
Halifax, Nova Scotia
B3L 2S6
Bus. 902.421.1908
Fax. 902.429.6521
1.800.565.1908


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