Your medical protection will pay for your immediate medical costs, but there may be limitations to the pay-out amount, no guarantees for renewal of your plan for the subsequent year and even if there is, you still need to pay a higher contribution. As a result, you may incur unexpected spending especially for necessary long term medical care.
CI protection provides you with additional funds in a lump sum, so that you can take care of unexpected costs according to your individual situation.
All families with or without kids are eligible to participate.
Main people |
Age when you can apply for coverage |
Age coverage ends |
Certificate owner |
Must be between 17 and 60 years old |
At age 75 |
Your spouse |
Must be between 17 and 60 years old |
At age 75 |
Your children |
Must be between 1 month old and 20 years old |
At age 25 |
Your contribution depends on the following criteria regarding the family members covered under the certificate:
Age
Health status
Smoker status
Gender
Amount of coverage
Term of coverage
Occupation
Payment frequency
If you answer yes to at least two of the scenarios mentioned below, this plan is for you. How to know if this plan is for you
Your finances will be severely affected by a prolonged loss of a portion of income.
You prefer to get one (1) plan for your whole family that costs less than several individual plans.
You and your family do not currently have any critical illness protection.
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