LP3S Lifetime Protection Solutions - What we have to offer!

One Day Can Make a Difference . . . Do you have CI?

What Is Critical Illness Insurance (CI)?

Critical Illness Insurance provides a lump-sum cash payment without taxation when diagnosed with specific diseases such as the ones below. To claim CI benefits, one must survive 30 days from the date of diagnosis for most benefits (longer periods may apply) and meet the medical criteria that determines if the CI was life-threatening.

Medicine and science can help your survival today. Critical Illness insurance provides the much needed cash to cope with the heavy financial burden related to your treatment and recovery. The CI cash gives you peace of mind to spend however you like when faced with the issues described.

The following list of illnesses are considered life-threatening industry-wide across Canada.  Coverage varies with each insurer. Statistically, the first three illnesses (life-threatening cancer, heart attack, stroke) represent 85% of the claims and are considered basic to CI Cash policies.  

• 1 in 3 suffer disability before the age of 65. 
• The average age of a CI claim is age 42+. 
• Under age 35, 1 in 4 suffer from a critical illness.

1. Life-threatening Cancer
2. Heart Attack
3. Stroke
4. Coronary Artery Bypass Surgery
5. Heart Valve Replacement
6. Aortic Surgery
7. Multiple Sclerosis
8. Kidney Failure
9. Parkinson’s Disease
10. Alzheimer’s Disease
11. Organ Transplants
12. Major Organ Failure on Waiting List
13. Paralysis
14. Motor Neuron Disease
15. Blindness
16. Benign Brain Tumor
17. Coma
18. Deafness
19. Loss of Limbs
20. Occupational HIV Infection
21. Loss of Speech
22. Severe Burns
23. Aplastic Anemia
24. Bacterial Meningitis
25. Loss of Independent Existence

Note:  Not all insurers cover all of the above listed benefits.  Also, some CI plans have partial payments for breast and prostate cancer.

Besides the above, the following illnesses are associated normally with children and can be found in some children's Critical Illness policies.  They are:

• Cerebral Palsy
• Congenital Heart Disease
• Cystic Fibrosis Muscular Dystrophy
• Type 1 Diabetes Mellitus
• Autism
• Rett’s Syndrome

If you would like more information and determine if you qualify for CI Insurance, call 1-877-735-4487 or email us.  If you prefer you can buy online at this website (LP3S.ca).