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Critical Illness and Long Term Care

It’s a sad thought, but according to recent statistics Heart Diseases, Cancer, Multiple Sclerosis, and Strokes will affect more and more Canadians.

Here are the Facts:

Heart Diseases

  • One in 4 Canadians will develop some form of heart disease during their lives.
  • One in 2 heart attack victims is less than age 65.
  • 82% of victims survive their first heart attack.

Cancer

  • One in 3 people will develop cancer during their lives.
  • 3 out of 4 families will be affected.
    Almost 70% of costs related to cancer treatments are not covered by the Government Health Plans.

Multiple Sclerosis

  • 50,000 Canadians suffer from multiple sclerosis, one of the highest rates in the world.
  • Multiple sclerosis is twice as prominent among women than men.
  • The cause of the illness is unknown, and it can strike anyone.

Stroke

  • One in 20 people are at risk for having a stroke.
  • 50,000 Canadians suffer from strokes each year.
  • 75% of victims survive their first stroke.

Sources: Canadian Cancer Society, Heart & Stroke Foundation of Canada, National MS Society

Advances in medical technology have resulted in decreases in death rates which means more people survive longer, but the bottom line is, we are still getting ill. If you survived a critical illness, would you have enough money to pay for private nurses and home care, special medical treatments, career retraining or daily living expenses?

Your Canfin Financial Advisor can help you select coverage to protect yourself from the financial impact of survivable critical illness and long-term healthcare.