?> How Much Do I Need - Barrons Financial Advisory Services
Life Insurance Logo Imagelife insurance quote Logo

Critical Illness

How Much Do I Need

Surviving a critical illness or condition—such as heart attack, cancer or stroke—can turn your life upside down. It can affect you physically, emotionally and financially. It can also affect those close to you—your spouse, your family. your business partner.

Wouldn't it be comforting to know you have the financial resources available to help survive a critical illness or condition? Critical Illness Insurance provides financial resources to help pay for additional personal, family or business expenses that often accompany a critical illness or condition.

  • Health insurance covers certain medical expenses, but may not cover all your expenses.

  • Disability insurance provides a regular income to help you meet your daily living expenses, but may not provide enough money to pay all the additional expenses.
  • Savings and RRSPs provide additional financial resources, but using them reduces your retirement income.
  • Loans provide additional financial resources, but create an additional financial burden for you, your family or business.

Use our critical illness insurance calculator to help estimate how much critical illness insurance you require to help cover your personal and business needs.

How Much Critical Illness Insurance do You Need? Estimating what type of treatment, services or equipment you might need if you suffer a critical illness or condition can be difficult. We've provided a list of potential expenses to help you determine how much critical illness insurance to purchase.