MiSeguro

    Critical Illness Insurance

    Getting sick is hard enough. Paying the bills shouldn't be. Affordable protection so you can focus on getting better.

    What is Critical Illness Insurance?

    It's insurance that pays a one-time cash lump sum if you're diagnosed with a covered critical illness and survive the required period. That money is tax-free, and you decide how to use it — for treatment, to replace income, or for whatever your family needs during recovery.

    This insurance came from a real human need. Dr. Marius Barnard, a cardiac surgeon, saw many of his patients survive serious illness only to face financial hardship. Convinced that help couldn't be only medical, he drove the creation of the first Critical Illness Insurance in 1983 — a product designed to protect families, not just treat the illness.

    The reality is that with each passing year, the chances of surviving serious illness and living longer keep rising. But the cost of surviving goes far beyond medical treatment. This insurance gives you the peace of mind to focus on what matters most: your recovery.

    Manulife Lifecheque® Basic

    Lifecheque® Basic is Manulife's solution for simple, affordable critical illness insurance. If you're diagnosed with a covered critical illness, you receive a lump-sum payment of the amount you selected — and how you spend it is entirely up to you.

    Covered critical illnesses

    Cancer (life-threatening)
    Heart attack
    Stroke (cerebrovascular accident)
    Coronary artery bypass surgery
    Aortic surgery

    Available coverage amounts

    The amount you can purchase depends on your age at the time of application (you must be a resident of Canada and at least 18 years old):

    Up to age 55
    $75,000
    Up to age 60
    $50,000
    Up to age 65
    $25,000

    Price examples

    Premiums start from as little as $6 a month. The price depends on your age, sex, and coverage amount. Here are a few examples:

    Female non-smoker, age 35
    $50,000 coverage
    $20.50/mo
    Male non-smoker, age 40
    $50,000 coverage
    $22.00/mo
    Female non-smoker, age 45
    $25,000 coverage
    $17.25/mo

    Example prices for non-smokers, subject to underwriting and valid as of the publication date. The Return of Premium option costs extra. Request your personalized quote.

    Who it's for

    For anyone aged 18 to 65 looking for financial protection against the possibility of illness. The benefit is a tax-free lump sum you can use for many purposes, such as:

    • •Medical expenses
    • •Loss of income
    • •Home maintenance
    • •Business continuity

    How it works

    1. 1Approval based on a simple signed Health Declaration — no medical questionnaire or family history required.
    2. 2Return of Premium option.
    3. 3Level premiums, guaranteed not to change for the first five years.
    4. 4Premiums are payable until the policy anniversary following your 75th birthday, at which time the policy terminates.

    Medical second opinion included

    Your coverage includes access to Health Service Navigator® — medical coordination services and a second opinion from specialists at top-ranked hospitals through WorldCare International. Available to you and your eligible family members.