Most of the time we focus on what would happen to our family if we die. We seldom stop to think about what would happen if we are diagnosed with a critical illness, like cancer, heart attack or stroke.
Having a critical illness can be very traumatic. On top of that, the loss of income while recuperating, medication expenses and home help can be very costly.
To help cover those costs, some people are forced to take money from their RRSPs and other savings plans, resulting in less funds being available for retirement.
The answer to this problem is Critical Illness insurance. It provides you with a tax-free, lump sum payment 30 days after the diagnosis of a critical illness, and allows you to recover completely without financial worries.
So give your family some peace of mind by applying for your critical illness policy today. I look forward to hearing from you.
Pauline Bourne, F.L.M.I.
Your Finance & Family Consultant
Thursday, May 20, 2010
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