Critical Illness Insurance
Protection for illness recovery
Unlike life insurance, critical illness insurance is there for you while you're living. A unique product, it provides you with a lump-sum payment to help with the cost of recovery should you become critically ill during the term of the policy.
Why you need critical illness insurance
Hundreds of thousands of Canadians suffer and recover from serious illnesses each year.
- 40,000 to 50,000 Canadians have a stroke each year and 75% survive the initial incident.1
- 75,000 Canadians have a heart attack each year and more than 80% of them survive when admitted to hospital.1
- 1 in 3 women in Canada will develop some form of cancer during their lifetime.2
- 2 in 5 men in Canada will develop some form of cancer during their lifetime.2
- The cancer death rate for both men and women has steadily been declining.2
Critical illness insurance provides you with a lump-sum payment, when you need it most, to be used any way you see fit. This can mean covering extra health care bills, alternative medicines, business expenses, outstanding debts, home renovations or treatment abroad - it's your choice.
It's easy to get a quote
Compare quotes at kanetix* to get competitive quotes for critical illness insurance.
Trademarks and Disclaimers
* CIBC is not responsible for kanetix Ltd., its services, or how it uses information you give it. CIBC receives fees for customers who are referred to the kanetix website through a link on the CIBC website.
1 Heart and Stroke Foundation of Canada, 2002.
2 Canadian Cancer Society, 2002.
The information presented here is general only; it is not intended as specific investment, financial, accounting, legal or tax advice for any individual.
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