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Royale Financial Group

Royale Financial Group

Innovative Insurance and Investment Solutions

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Critical Illness Insurance

What Is Critical Illness Insurance?

Canadians have access to some of the best healthcare in the world, but there are expenses that work and provincial plans won’t cover. Critical illness insurance will pay you out a lump sum after your critical illness event. Once the waiting period is over, you can use the payment however you want, including on major family expenses:

  • Credit card bills, mortgages, or other debt expenses
  • Gas for family vehicles
  • Certain types of therapies such as massage that can greatly improve healing time

Do I Need Critical Illness Insurance?

Critical illness insurance is there for the unforeseen problems that could jeopardize your family’s future. It is our hope that you never need a critical illness payout. However, there are some situations where it would be best to be prepared.

  • If you have large bills you are paying down like a recent car purchase
  • If you are the breadwinner of your family
  • If you have a history of critical illness in your family

Worry less and save more

A recent study of Canadian families confirms that working with an advisor has a positive, significant impact on financial assets after factoring out 50 other variables. And 83% of Canadians who work with a financial advisor are confident they’ll be able to enjoy the lifestyle they want in retirement.

A good financial plan includes the right mix of income, savings and insurance protection products to help you meet your financial goals.

Everyone can benefit from sound financial planning advice, no matter how much or how little money you have to work with.

Speak To Our Advisors Today

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    Royale Financial Group Inc.

    Mehran (AJ) Taghvai, President
    Million Dollar Round Table (MDRT)
    PPI Advantage Plus Member

    (778) 388-7500

    2050 – 1050 W. Pender Street
    Vancouver, BC V6E 3S7

    3600 – 4th Street SE
    Calgary, AB T2G 2W3

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