Created from Youtube video: https://www.youtube.com/watch?v=b515iYVR8TkvideoConcepts covered:Critical Illness Insurance, Canada, severe illnesses, financial relief, lump sum payment
Critical Illness Insurance (CI) in Canada provides financial relief for severe illnesses like cancer, heart attack, and stroke, offering a lump sum payment to cover expenses not handled by the public healthcare system. CI insurance is crucial as more people survive critical illnesses, ensuring independence and reducing financial stress during recovery.
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Critical Illness Insurance Canada | Why You Need CI Insurance?
Concepts covered:Critical Illness Insurance, Canada, severe illnesses, financial relief, lump sum payment
Critical Illness Insurance (CI) in Canada provides financial relief for severe illnesses like cancer, heart attack, and stroke, offering a lump sum payment to cover expenses not handled by the public healthcare system. CI insurance is crucial as more people survive critical illnesses, ensuring independence and reducing financial stress during recovery.
Question 1
What does CI insurance cover that life insurance does not?
Question 2
How does CI insurance alleviate post-illness financial stress?
Question 3
How does CI insurance support during recovery?
Question 4
How does CI insurance promote financial independence?
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