Looking for children critical illness insurance online?
Coverage under critical illness insurance pays a guaranteed lump sum benefit 30-90 days after the insured individual is diagnosed with a disease or illness specified in the policy, such as cancer. The benefit payment is tax-free. Critical illness insurance is designed to help individuals to meet financial needs while recovering from a life-altering illness.
Some critical illness insurance plans allow you to extend your plan to also cover your children. Although the cover available ranges between critical illness insurance companies, it is usually a much smaller amount than the main sum insured.
If your child is diagnosed with one of the covered illnesses, then you will receive a tax-free lump some payment. Even if your child gets better, you will still receive this payment. The payment can be spent anyway you like, such as additional medical care or obtaining treatment outside Canada.
Please fill out the form below so we can help you determine the right coverage and best rates for you.
|