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Critical Illness
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Live comfortably knowing that your loved ones will be financially secure in the unfortunate event that you develop a serious life threatening condition.

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4.8 Stars

What is Critical Illness Insurance?

Critical Illness Insurance provides you support in the unfortunate event that you develop a serious life-threatening condition. Critical Illness Insurance can help by partially substituting your income and the income of those who take time off work to care for you. It will provide a tax-free lump sum payout, as well as additional expenses that may arise due to your illness. Depending on your benefits, your policy may cover caregivers, medicine, medical equipment, and assistive home modifications.

Provincial and private health insurance plans do not provide adequate support in the event of developing a critical illness. Critical Illness Insurance is a relatively low-cost way to protect yourself from unfortunate circumstances.

Public health care plans are likely to eliminate the cost of diagnosis, while your Private Health Insurance will help with ambulance services, hospital stays, and minor medication costs. However, neither will provide the financial relief required due to loss of income. Critical Illness Insurance allows you to use your lump sum benefits to replace your income and take care of your recurring payments.

Similarly, Disability Insurance only partially replaces your income during the time you are unable to work due to a disability. Once you return to work or no longer qualify for coverage, your benefits will end. Critical Illness Insurance on the other hand, provides a guaranteed benefit payout when you file a claim containing a confirmed diagnosis from a licensed physician.

Once your diagnosis is confirmed by a licensed physician, a claim can be immediately filed to access your policy’s benefits.

How does Critical Illness Insurance work?

Your health insurance may cover you when you are injured or come down with an illness, but not when you come down with a potentially fatal condition. If you are diagnosed with a terminal illness, you may face high medical costs, surgeries, and more.

With critical illness insurance, you pay a monthly premium in order to maintain coverage. In the event that you come down with a critical condition, your insurance will then cover a portion of your medical costs. This may save you a ton of money compared to paying out of pocket.

What conditions does Critical Illness Insurance cover?

Critical Illness Insurance covers specific life-threatening ailments. Coverage varies between providers, but some common critical illnesses covered include:

  • Cancer
  • Stroke
  • Heart attack
  • HIV
  • Coronary bypass
  • Organ and bone marrow transplants
  • Kidney failure
  • Liver failure
  • Lung disease
  • Multiple sclerosis
  • Blindness
  • Deafness
  • Loss of Speech
  • Paralysis
How much does Critical Illness Insurance cost?

As with most other insurance products, your age and medical history will impact your premiums. Your desired coverage and length of your policy will also impact the cost. Young and healthy individuals can pay below $20 in monthly premiums, whereas a healthy middle-aged individual is likely to pay below $100 in their monthly premiums.

Health Insurance vs Critical Illness Insurance

If you experience an illness or injury, regular health insurance offers you coverage for common medical expenses like medicine, ambulance services, hospital stays, and minor surgeries.

Critical illness insurance, on the other hand, covers the more serious medical emergencies and associated expenses. Having critical illness insurance helps protect you from financial strain in the chance that you are diagnosed with a critical medical condition.

How much Critical Illness Insurance should I buy?

The amount of critical illness insurance you get should depend on what is or isn’t covered by your existing health insurance policy. We recommend buying coverage for the most common major medical conditions such as stroke, heart attack, and cancer.

The more conditions you want to be covered in your policy, the higher your monthly premium will be. Therefore, the right policy will be a combination of the coverage you want and the price you can afford.

Is Critical Illness Insurance worth it?

Signing up for insurance is always a bit of a gamble, as you are paying a monthly premium to prepare for a worst-case scenario. You may never need to use your insurance. However, in the case of a medical emergency, having insurance could save you thousands of dollars or more on medical costs. You’ll be happy that you have critical illness insurance if you are ever diagnosed with a life-threatening condition.

Our Reviews

Excellent4.8 ★★★★★ Ummi is always helpful and professional. She has been helping our family for all travel insurance over the past years.MargieMargie ★★★★★ Ummi is courteous and professional. Good job!Rod SetoRod Seto ★★★★★ Artmiz was very pleasant and helpful in providing the coverage needed for my trip.John CliffordJohn Clifford ★★★★★ Nice Dealing And Nice Explanation…Harman BasraHarman Basra ★★★★☆ I want to let everyone know that when you buy your insurance from Alliance, buy it from Dornaz. I have had 2 separate policies through her and can't say enough about her thoroughness, knowledge of the product and her customer service. It was pleasure dealing with her.Nola DyckNola Dyck ★★★★★ Great customer serviceJennifer PhillipsJennifer Phillips ★★★★★ I had a very good experience with Dornaz. She was very helpful and got my policy together quickly. I will certainly recommend her to my friends.Steve StaplesSteve Staples ★★★★☆ Thank you Theresa and Adam for your help with our travel insurance plans, for your timely assistance and the savings you were able to find for us.Yogashiatsuyucatan DonypaolaYogashiatsuyucatan Donypaola ★★★★★ Artmiz Namazi provided excellent service. She was very professional and took the time to explain the insurance coverage and answer all my questions. She is a great asset to your company and I will not hesitate to recommend her to my friends and familyChris DingsdaleChris Dingsdale ★★★★★ Artmiz was very helpful, friendly and informative. She really knows her subject and was ready to help in any way.Carolyn CassellsCarolyn Cassells ★★★★★ Theresa Heuser is professional and competent in the insurance process. A pleasure!Ronald BironRonald Biron ★★★★★ What a pleasure dealing with Ummi, who took all the pain out of purchasing Travel Insurance for my wife and I, who are both 80 year old Seniors. Sensitive and yet enquiring, Ummi guided us through the minefield of questions with the competant ease of an expert. Ummi was responsive to any unintended omissions and made sure there were no loose ends that could disqualify any future claim. We go on Holiday knowing that we have been professionally prepared with cover for Medical emergencies, if they should arise.John DawkinsJohn Dawkins ★★★★★ great service by the phone and email.h mh m ★★★★★ We bought Emergency Medical policy for our coming trip from Ummi Hanny. She was such a good help and responsive to all our questions, either by phone or emails. Such an excellent service, above and beyond our expectations!! Thank you!Jacob SteinbergJacob Steinberg ★★★★★ We booked travel insurance with Ummi Hanny for a river cruise we are taking this summer. She was very professional, responded quickly and efficiently to emails, calls and questions. Would definitely recommend her and Alliance/Allianz.Kathy CastleKathy Castle ★★★★★ It was a pleasure to deal with Artmiz. Very polite and Patient. Nice to deal with someone who knows and enjoys their job.Tom BrailsfordTom Brailsford ★★★★★ I just finished getting a tailored insurance package with the help of Ummi. I really appreciated the attention to detail and how knowlegable she was on the various packages. Ummi was able to get us an annual package for me and my wife that focused on our need for Trip Cancellation/Inturruption and also a single trip comprehensive package for our 3 grandchildren that will be traveling with us on our next trip. It was a pleasent experience. Ummi detailed the options and made recommendation that ensured we had the coverage we needed at the best possible price. This was all done over the phone and email and we received the comple package immediately after the purchase in our email. Thanks UmmiJeff LangJeff Lang ★★★★★ We were helped by Ummi Hanny she is very professional and helpful.Thanks for your understanding,Heinz KriegerHeinz Krieger ★★★★★ Ummi was our Insurance agent helping with getting medical and cancelation policy -she was very professional and knowledgeable and was able to get us a very reasonable insurance rates.Milos RudolfMilos Rudolf ★★★★★ Eric provided policy information, confirmed my personal details to ensure the policy would be correct, processed my payment quickly.Tracy HastingsTracy Hastings ★★★★★ I dealt with Ummi Hanny, oh my she was wonderful! She even laughed at my jokes. What a great first experience.Lise BeaulneLise Beaulne ★★★★★ Ummi. was very helpful and pleasant. Billwilliam rockwilliam rock ★★★★★ Our purchase of Allianz Emergency Medical Insurance through Alliance Income Services Corp was a breeze. Ummi and Mariam was a pleasure to work with. They were both very patient, knowledgeable, and efficient in presenting the various options available to us. Mariam did a lot of leg work comparing several insurance companies just to find a plan that suit our needs. Ummi then completed the processing of the policy effortlessly and made the process seamless. I would highly recommend anyone who needs an insurance coverage to speak to especially this two ladies.Danny ChinDanny Chin ★★★★★ My agent Artmiz was very helpful and provided me with a quote quickly. When I was ready to accept the quote she responded quickly and sent me all the necessary documents just as efficiently. Happy with my interactions.Stephanie RumbleStephanie Rumble ★★★★★ Eric and Bob were both extremely helpful and attentive to my needs.Paul CodyPaul Cody ★★★★★ Teresa was great. Addressed all my concerns.Robert CarterRobert Carter ★★★★★ The service given by Ummi Hanny was excellent- very pleasant, courteous and professional.Simin MeshginnafasSimin Meshginnafas ★★★★★ I had a top notch experience with this insurance broker. Eric Clementi was the person that helped me from the day that I asked for a quote online. He was very thorough with explaining every minor details that might be misunderstood between the client and the provider. Eric is very professional with his tone of voice which makes a potential client feel at ease. Nonetheless, I’ve tried different insurance broker, their monthly fees are way above the average, Alliance income Services Corp has the most decent fee for a family of five… it’s a bang for the buck kind of thing. Truly recommend this company. 👍Mark EngelMark Engel ★★★★★ Eric Clemente and Ryan were excellent to deal with. Both were very helpful , to the point , and curious .Michael BoudreauMichael Boudreau ★★★★★ Excellent service by Eric Clementi and Ryanmargaret burnsmargaret burns ★★★★★ Eric and Adam were very helpful with my travel medical insurance. Now I realize if I have to use this coverage that I will be in great hands.Bonnie SmithBonnie Smith ★★★★★ Hello...Eric was very easy to work with ....very polite....and set up my insurrance policy very quickly....thank you again Eric....Marsha Risser.Marsha RisserMarsha Risser ★★★★★ I ordered insurance for my husband and myself. It was a very easy process and was helped greatly by Eric and Dylan. Both were very diligent with helping me through it all. Very easy and quick.Marilee Van BuskirkMarilee Van Buskirk ★★★★★ It was a pleasure speaking with Eric Clementi. He was polite, understanding and considerate.Mohinder BangaMohinder Banga ★★★★★ I was quite happy to get excellent & friendly customer services from Artmiz - very helpful & knowledgeable!Bruce YeeBruce Yee ★★★★★ Great service from knowledgeable and very helpful people. Thank you Eric Clementi and Ezarie!Beverley HowickBeverley Howick ★★★★★ Eric Clementi is the manYunus PatelYunus Patel ★★★★★ I had to sign up for my own health and dental insurance. The staff at this company were quick to get back to me and provide suggestions on insurance plans. The sign up process was very easy to do over the phone. I communicated with Eric Clementi who was very professional and efficient.Muhammad KoyaMuhammad Koya ★★★★★ It was pleasure working with Mariam and Eric. We are seniors and trying to get a reasonable price for travel insurance.Fay BellefontaineFay Bellefontaine ★★★★★ I sent an email yesterday. They called today. Marion and Eric were excellent. Highly recommend this company. Rates are excellent tooAnnette ChisholmAnnette Chisholm ★★★★★ Eric was fantastic. Quick , easy and affordable.Tracey PeerTracey Peer ★★★★★ Eric was very professional and found the best plan for me at this time.Trev HutchinsTrev Hutchins ★★★★★ Eric Clementi was an absolute pleasure to work with. Very professional and courteous.Berit LysBerit Lysjs_loader

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How to Save Money on Critical Illness Insurance?

We want to help you save your money. The best way to save money on Critical Illness Insurance is to compare rates from multiple providers. This can be extremely time consuming. Luckily, Alliance Income Services Corp. does all the hard work for you! By simply requesting a quote online through our website, we check what rates you can get from every major Canadian insurer.

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What is your age?

Your age bracket has a significant impact on your premiums. The younger you are, the more we suggest purchasing a policy. Avoid higher rates by purchasing Critical Illness Insurance before your next birthday.

Employer Coverage

Reduce your premiums by adjusting your plan to fill in the gaps of the coverage provided by your employer.

Smoker status

Cigarette smokers can pay up to 100% more for the same level of coverage as a non-smoker. To gain a considerable reduction on your premium payments, consider quitting smoking. It will save you money and benefit your health.

Bundle Your Coverage

Critical Illness Insurance is often purchased alongside Life Insurance or other coverages. Get your policies from the same provider for a discounted rate.

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