Critical illness insurance is a type of life insurance, which is paid to the insured person as a one-time lump sum payment after a diagnosis of a critical illness.
We understand how devastating it can be to receive a diagnosis of a critical illness. We have assisted many clients whose critical illness claims have been denied and helped them to successfully resolve their claims.
A critical illness policy can cover illnesses such as cancer, Alzheimer’s, Parkinson’s, AIDS, ALS (Lou Gehrig’s Disease) or heart attack.
After a diagnosis has been made, an insured person is subject to a “survival period” before the claim can be paid. The length of the survival period will depend on the type of illness.
This type of insurance is meant to provide financial assistance during a critical time when a person is unable to work during to a serious illness and provide funding for medical treatment, medical devices and attendant care or nursing care.
If your claim for critical illness benefits has been denied, you can fight the insurance company’s decision. It is important to seek immediate legal advice. Our lawyers can help you recover the benefits you purchased.
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1120 Finch Avenue West, Suite 500
Toronto, ON Canada M3J 3H7