Why You Need Critical Illness Insurance (Some Facts).

Written September 03. 2007 in Insurance
by Michael Arbetov

Fast fact : Did you know? In Canada, 1 in 4.6 men and 1 in 7.8 women will develop both heart disease and cancer in their lifetime?

 

Based on Heart and Stroke Foundation, 2004 and National Cancer Institute of Canada : Canadian Cancer Statistics 2004. During their lifetime, the probability of developing cancer is 1 in 2.6 for women and 1 in 2.3 for men and the probability of developing heart disease is 1 in 3 for women and 1 in 2 for men. The probability of developing both cancer and heart disease is calculated assuming the conditions are independent.

Links to other materials about critical illness insurance

Michael ArbetovWhat is Critical Illness?
Michael Arbetov "Can you financially recover from cancer, heard attack or a stroke?"
Michael Arbetov "Links to Canadian insurance companies, which offer Critical illness insurance"


  Michael Arbetov, CFP, FMA
Wealth Manager and Financial Advisor

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