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Canada Life

Critical illness insurance

Provides a one-time tax-free payment following diagnosis of a serious condition covered by the contract. It suits people wanting money for recovery costs and expenses not covered by healthcare plans; the contract defines which conditions qualify.

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Provider information link, not an application on this site.

Recorded fees, rates and features

Amounts are in CAD unless the source specifies otherwise. A promotional term is not necessarily an ongoing term.

Benefit

One-time tax-free payment

Provider source

Eligibility and provincial availability

Provinces and territories
Not confirmed
Application requirements
Not confirmed

Ask the provider to confirm residence, age, identification, income and any credit requirements that apply to this product. A listing does not guarantee approval.

Is this a fit for you?

Use the recorded details as a starting point, then compare the full cost and conditions with your needs. Product-specific benefits, exclusions and suitability have not received a separate editorial assessment on this page.

Coverage

Compare covered events, benefit limits, exclusions and waiting periods.

Out-of-pocket costs

Check premiums, deductibles and any co-payments.

Policy conditions

Review renewal terms, cancellation rules and claims requirements.

Insurance rules and product availability can differ by province. Confirm coverage with a licensed provider.

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Sources and important limitations

Official provider information for Critical illness insurance

Terms may have changed since this information was collected. Unknown details are not confirmed, not assumed to be free or available nationwide. This is general information, not personalized financial, tax, legal or insurance advice.

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