Critical Illness insurance Kitchener

We understand that if you or one of your family members have been diagnosed with a critical illness, it can be difficult to cope with and we don’t want you to worry about the medical expenses. You can apply for our critical illness insurance which offer coverage for a wide range of critical illnesses such as cancer and heart problems. For further details, call Harpreet Puri at Punjab Insurance.

About critical illness insurance

As the name suggest, this type of insurance is covers medical expenses related to treatments for life threatening conditions. Once you avail this insurance, you will get a lump sum amount of cash in hand which you can use for the medical costs. This will be a cash payment and not a reimbursement. However there are some terms and conditions that you need to meet. One of the is that you will have to survive for a minimum of days after you have been diagnosed with the condition and after that you can claim the amount. This time is known as the survival period. The lump sum amount that you receive can used to pay for private nursing, medical equipment and even mortgage- the choice is yours. If you have any queries, contact us today, we serve customers in Kitchener and the surrounding areas.

Other coverages

In addition to the medical expenses, there are some additional benefits that critical illness insurance offers. You can opt for return of premium in which if you don’t need to avail the insurance during your lifetime, we will pay the amount to your family after your death.
There’s the second policy anniversary option where the benefit amount increases by 20% for 10 years. Also, if you have been disabled for 90 days then RBC insurance will pay your premiums.
There are many advantages of getting a critical illness life insurance, for details, just call us. We offer critical illness insurance to customers across Kitchener.

The range of illnesses covered:

• Heart-attack
• Stroke
• Paralysis
• Cancer
• Kidney failure
• Coma
• Loss of speech, limbs or sight
• Major organ transplant- heart, liver, pancreas.