Critical Illness is a living benefit that pays a lump sum benefit to you based on your survival of a critical illness. When you think of insurance, the term "Life Insurance" can be confusing. In reality, Life Insurance is actually death insurance. It pays a beneficiary upon your death. Critical Illness insurance, on the other hand, is life insurance. It pays you benefits when you need help.

The product is designed to protect you, your family and/or business in the event of a critical illness and assist with your physical and financial responsibilities. It ensures you maintain a quality of life and promotes independent living.

At LFS Services we will prepare an analysis to first help you determine your insurance needs. Then, we help you decide on the protection that is best for you.

A tax-free lump sum of money is paid to you as the insured if you survive 30 days* after the diagnosis of one of the covered illnesses.

There are three plans:

1. Ten Year Renewable and Convertible Plan
• Renewable to age 75
• Convertible to age 65

2. Level to age 75

3. Lifetime Level Plan

How can we help?

At LFS Services we will prepare an analysis to first help you determine your insurance needs. Then, we help you decide on the protection that is best for you.

*Some exceptions may apply


 

 

 

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