Finvilo

Critical illness insurance compared: Manulife, Sun Life, RBC, TD and Desjardins

Critical illness insurance pays a lump sum if you are diagnosed with a covered condition and survive a waiting period. Covered conditions and benefit limits differ by insurer.

Feature
Manulife logoCoverMe® Critical illness insurance

Manulife

Sun Life logoSun Critical Illness Insurance

Sun Life

RBC Insurance logoRBC Critical Illness Insurance

RBC Insurance

TD Insurance logoTD Critical Illness Recovery Plan

TD Insurance

Desjardins Insurance logoCritical illness insurance

Desjardins Insurance

Where availableNot confirmedNot confirmedNot confirmedNot confirmedNot confirmed
Covered conditionsFive critical illnesses26 full-payout illnesses and 8 partial-payout illnesses; child plans cover 5 additional illnessesNot confirmedNot confirmed26 critical illnesses and conditions
Coverage durationProtection to age 75Not confirmedNot confirmedNot confirmedNot confirmed
Coverage amountNot confirmedAdults: $25,000 to $4 million; children: $25,000 to $1 million$25,000 to $3,000,000$10,000 to $100,000$10,000 to $4,000,000
Early assistanceNot confirmedNot confirmed20% of benefit amount, up to $50,000, for 8 early assistance covered conditionsNot confirmedNot confirmed
Issue agesNot confirmedNot confirmedNot confirmed18 to 54Not confirmed
DetailsFull profileOfficial provider page Full profileOfficial provider page Full profileOfficial provider page Full profileOfficial provider page Full profileOfficial provider page

Our take

Read the list of covered conditions and the definitions in each policy, not just the number of conditions. Compare quotes for the same benefit amount.

Rates and fees change. Confirm current terms on the provider's official page before applying. General information, not personalized advice.

Critical illness insurance

Français