PSAC Critical Illness Insurance - What Is It?
As Canadians, we are fortunate to receive exceptional healthcare through our inclusive public health system. Timely access to modern healthcare treatment, technology, services and support greatly improves the chances of surviving a potentially life-threatening illness.
However, the impact of the illness can linger long beyond survival and recovery - effects can last months, years, or even a lifetime - and can not only influence one's physical and mental health, but also financial health. Often additional monetary resources are needed to help survivor's and their families adapt to life after a major medical event.
While access to our public healthcare system is guaranteed, access to readily available financial support following a critical illness can't be assured - unless one plans ahead.
PSAC Critical Illness Insurance Can Help
If you think you'd likely require additional financial support in the event of a major medical event to provide you and your family with the resources to face a critical illness with minimal disruption to your lifestyle - then you should consider PSAC Critical Illness Insurance.
PSAC Critical Illness Insurance can provide you with the financial resources to pay for the major lifestyle adjustments such as retraining, daycare services for your children, home renovations, debt payment, personal home care services or other expenses that may be required should you or your spouse survive a major medical event.
With PSAC Critical Illness Insurance, you can receive a lump sum payment of up to $150,000 30-days following survival of any of the following medical conditions (physician confirmation required):
| Heart Attack |
Cancer |
Coronary Artery By-Pass Surgery |
| Aorta Surgery |
Multiple Sclerosis |
Benign Brain Tumor |
| Stroke |
Blindness |
Deafness |
| Paralysis |
Occupation HIV Infection |
Major Organ Failure |
| Alzheimer's Disease |
Parkinson's Disease |
Amyotrophic Lateral Sclerosis |
| Coma |
Severe Burns |
The funds can be used as you deem necessary, so you can focus on recovery.
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