Critical illness insurance for children: reassuring coverage
This video is presented by:
Stéphane Morel
Financial Security Advisor
Expert profile
It’s very trying when a child becomes ill; it creates emotional and financial stress on the entire family. Critical illness insurance for children helps you protect against the financial impacts so you can take care of your sick child.
Paid in a lump sum, this coverage helps you compensate for lost income if you are required to take a leave of absence to stay at your child’s beside. This money can also be used to pay for additional expenses, including treatments and prescription drugs not covered by a provincial healthcare plan as well as travel expenses if you have to travel to seek healthcare for your child. You will be able to focus 100% on your child’s recovery if he or she falls seriously ill, without having to worry about finances.
You can benefit from the Kiddy Plan, insurance coverage for children between the ages of two and five, at no cost, for a period of 12 months. It’s also a good idea to think about critical illness insurance when your child is young, when it’s more affordable to buy it.
A sick child is something that no one wants to think about. Critical illness insurance for children offers protection and peace of mind.
A financial security advisor can help you guide you and answer all your questions, to suggest the right coverage to meet your needs.