Being diagnosed with a critical illness is never anticipated. Unfortunately, life can often be unpredictable, which is why it’s important to prepare for the unexpected to protect yourself and your family. Such a scenario can cause serious financial hardship, preventing you or your partner from working, which is why investing in life insurance with critical illness coverage in Ontario is key.
At DFSIN Toronto West, we offer life insurance plans with critical illness coverage designed to protect you and your family should the need ever arise.
Critical illness life insurance is, in the simplest of terms, an insurance plan that combines both life insurance and critical illness coverage. A “critical illness” can be loosely defined as any life-threatening illness and can include a range of different things, such as heart attack, stroke, cancer, dementia, multiple sclerosis, and more.
In the event you are diagnosed with such a disease, you’ll receive a one-time, lump-sum payment as part of your critical illness life insurance plan.
When people think of insurance, they tend to think of insuring their home against fire or their car against accidental damage.
At DFSIN Toronto West, we’re primarily concerned with:
Contact a life and health insurance advisor who can help you determine the life insurance with critical illness coverage most appropriate for your needs and your budget.
If you’re concerned about your financial well-being and that of your family, you may want to consider investing in critical illness life insurance in Ontario. Should anything ever happen to you or them, you’ll be able to rest assured that any medical expenses or other financial obligations will be paid for.
However, some of the more concrete things people need help with when they’re diagnosed with a critical illness include:
Although there are different limitations to critical illness life insurance depending on what company and plan you choose, there are some important things to note, such as:
Whether you’re saving for retirement or saving for a rainy day, we have a full range of saving, investment, and annuity products to meet your needs.
Our partner, Desjardins Financial Security Investments Inc., which is a mutual fund dealer, gives you access to a wide variety of mutual funds from many of the top mutual fund management companies in Canada.
Mutual funds can be held in open or registered plans such as a Registered Retirement Savings Plan (RRSP) or Tax-free Savings Account (TFSA).
If you would like to learn more about how mutual funds can play a beneficial role in your savings or investments, please speak with one of our mutual fund advisors.
If you would like to read more, please visit our Desjardins Financial Security Independent Network national website for more detailed information about many of our products and services.
In addition to our critical illness insurance for business owners in Ontario, we also offer life insurance, long-term disability insurance, critical illness insurance for children, and more. Our life and health insurance advisors can help you develop a stable foundation for your future, so contact our team today!
We serve all of the following areas:
For more information about coverage, contact our team online or call (416) 695-1433.