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Critical Illness Insurance Services
in Manitoba, Canada

When life throws unexpected challenges your way, our critical illness coverage ensures you’re financially supported. From cancer to heart attack, stroke, and more medical conditions outlined in your contract, we’re here to help you.
Let us handle the complexities while you rest assured, knowing you have a safety net in place.
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What is Critical Illness Insurance?

Critical illness insurance offers a tax-free payout upon a serious diagnosis. Your coverage is customized to specific conditions outlined in your contract, such as cancer, heart attack, or stroke.

Protect Your Future with Critical Illness Insurance Canada

Don’t wait until it’s too late – take action now to protect yourself against life’s unexpected challenges.
Reach out now and secure your financial well-being with critical illness insurance.
happy sick woman with woman doctor

How Does Critical Illness Insurance Work in Canada?

Understanding how critical illness insurance works is simple.
It’s that simple: choose, pay, claim, and receive.

Why Do You Need Critical Illness Insurance?

Understanding the importance of critical illness insurance is vital in securing your financial well-being against unforeseen health challenges. Here’s why securing critical illness insurance is a wise decision for your future:

It’s More Common Than You Think

Even with our utmost efforts to maintain good health, unexpected health issues can affect anyone.

Cover Daily Costs

Critical illness insurance provides crucial support by covering daily expenses while you focus on recovery. Having financial assistance alleviates stress and lets you concentrate on your health.

Protect Your Retirement Savings

Critical illness insurance protects your retirement savings and investments by providing a separate financial cushion for unexpected medical expenses.

Focus On Your Recovery

Critical illness insurance relieves financial stress, which allows you to focus on recovery. With benefit payments covering living expenses, you can prioritize health without worrying about finances, ensuring peace of mind during tough times.

Secure Your Peace of Mind

Request a Critical Illness Insurance Quote Today

Requesting a critical illness insurance quote is simple. With just a few steps, you can take proactive measures to protect your future against life’s uncertainties.
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What Does Critical Illness Insurance Cover?

Understanding what critical illness insurance covers is crucial before obtaining a policy. Each policy varies in coverage, but typically includes common conditions such as:
Chronic conditions like fibromyalgia or asthma, pre-existing conditions, and those related to alcohol or drug use are usually not covered. Some policies might also need a medical exam as part of the application process.

The Benefits of Life Insurance in Canada

A critical illness insurance plan offers benefits: it provides a tax-free lump sum payment if you’re diagnosed with a covered critical illness.
This lump sum can be used however you see fit. You might use it to cover expenses not included in your provincial health insurance plan, like private nursing or medical equipment.
It can also help supplement lost income during recovery or protect your retirement savings by avoiding dipping into them. Remember, hope for the best but prepare for the worst.
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Pros and Cons of Critical Illness Insurance

Critical illness insurance offers both benefits and drawbacks that are important to consider when evaluating your insurance needs. Let’s break down the pros and cons of critical illness insurance in simple terms:

Pros of Critical Illness Insurance

  • Provides a lump sum payment upon diagnosis of a covered illness, usable for various needs.  
  • Premiums are typically low and affordable compared to traditional health insurance policies.  

Cons of Critical Illness Insurance

  • Some types of cancer and chronic illnesses might not be covered.
  • Recurrences of a critical illness might not qualify for a payout.
  • Coverage may cease or decrease at a specified age.
  • Policies may have narrow restrictions regarding covered conditions.

Let Smartwealth simplify the process for you and help you find the perfect coverage for your needs.

Why Choose Ramon Desiderio and SmartWealth’s Critical Illness Insurance Services in Canada?

We SmartWealth – your critical illness insurance provider, understand that life insurance is more than just a policy – it’s about protecting what matters most to you and your loved ones. Here’s why choosing us for your life insurance needs is the smart choice:

Personalized Service

We take the time to understand your unique needs and financial goals to customize a life insurance plan that fits you perfectly.

Expertise You Can Trust

With years of experience and expertise in the industry, our team is equipped to provide you with sound advice and guidance every step of the way.

Hassle-Free Process

We make the insurance process simple and stress-free. From initial consultation to policy selection and beyond, we handle all the paperwork.

Comprehensive Coverage

We offer a variety of coverage options to meet your needs and budget. You'll have peace of mind knowing you're protected no matter what life throws your way.

Ongoing Support

Our commitment to you doesn't end once you have your policy in hand. We're here to provide ongoing support and assistance whenever you need it.

Talk to an Advisor Today
and Get Started on Securing Your Future

We will guide you through the application process to make sure you understand your coverage options and find the right policy for your needs.
talking to the doctor

Where Can I Get Critical Illness Insurance?

You’ve got a couple of choices. Just like other insurance options, you can chat with an advisor for guidance. Or, if you prefer to handle things yourself, you can buy it online hassle-free. If you’re enrolled in a group benefits or savings plan through work, you might access it at discounted rates.
Make the smart choice with SmartWealth. Our team is here to make the process hassle-free and make sure you get the coverage you need. Reach out to us today and secure your peace of mind with critical illness insurance.

Frequently Asked QuestionsAbout Critical Illness Insurance

To qualify for non-smoker rates, you must not have smoked any cigarettes in the past 12 months as of the date your application is received by SmartWealth.
Yes, according to the current rate structure, premiums increase with age every five years, specifically at ages 31, 36, 41, 46, 51, and so on.
Yes, if you cancel your Term Life insurance, you have a 31-day window to apply for conversion to selected individual plans without needing an additional medical examination or answering extra health questions. You’ll only need to pay the rates for the individual plan that corresponds to your age at the time of conversion.
If your existing insurance doesn’t fully cover your earnings, you can enhance your protection by topping it up to receive maximum coverage. You can purchase coverage that equals the difference between the benefit provided by your current plan and the additional amounts available through this Disability Income Replacement Plan.
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