Critical Illness Insurance

Description
Critical illness insurance provides a tax-free lump sum of cash usually 30 days after the diagnosis of life-altering illnesses, such as a heart attack, stroke or cancer.

Objective
To provide insurance to help offset lost income, eliminate debts and pay for day-to-day expenses. The funds can also be used to seek alternative treatment after suffering a life-altering illness.

Suitability
Critical illness insurance is most often recommended to individuals who want to eliminate debt, replace lost income or seek alternative treatment after being diagnosed with a life-altering illness. Critical illness insurance is suitable for anyone under age 65 who would benefit from a tax-free lump sum of cash after being diagnosed with a life-altering illness.

Features

• Guaranteed Premiums: Once your policy is approved, your premiums are set out and guaranteed in your policy.
• Choice of Plans: Your critical illness insurance plan can be designed to meet your specific needs. Flexibility is built into the program to provide you a choice of temporary and or permanent coverage options.
• Return of Premium: You can add a feature that guarantees you a tax-free refund of premiums paid, if the policy expires, or you die while the policy is in force and you have not made a claim for critical illness insurance.
  
  For more information, please contact your Edward Jones financial advisor*.

Insurance and annuities are offered by Edward Jones Insurance Agency (except in Quebec). In Quebec, insurance and annuities are offered by Edward Jones Insurance Agency (Quebec) Inc.