Get a critical illness insurance quote online

Critical illness insurance covers a range of illnesses. With Blue Cross Life, you’re covered for 44 conditions—more than the industry average of 20-30, and among the highest in Canada.

If you are diagnosed with any of the 27 fully covered conditions, you are eligible to receive a lump sum payment equal to your total coverage amount. These include serious cancer, heart attack, stroke, dementia, autoimmune conditions, and organ-related conditions, among others.

If you are diagnosed with any of the 17 early-stage conditions, you are eligible to receive a lump-sum payment equal to a percentage of your total coverage amount. These include early-stage cancers, cardiovascular conditions, and some surgical procedures, among others. If you receive a payout for an early-stage condition, it does not impact a future payout for a fully covered condition.

Yes, for many Canadians, the cost of critical illness insurance is worthwhile. The payout from critical illness insurance can cover loss of income, out-of-pocket medical expenses, daily living expenses, and any other costs, minimizing stress for you and your loved ones.

With Blue Cross Life, you can choose an affordable critical illness insurance policy based on the amount of coverage and the monthly premiums that best fit your needs.

Blue Cross Life offers one of the most comprehensive critical illness insurance products in Canada:

• 27 fully covered conditions and 17 early-stage covered conditions, among the most comprehensive on the market.
• Flexibility to choose between $10,000 and $1 million in coverage, with term lengths from 10 to 30 years.
• Easy, online application with expert support available every step of the way.
• Two-in-one application to easily apply for critical illness insurance and term life insurance, all at once.

Yes, you can buy critical illness insurance as a standalone policy.

Even if you already have existing life or health insurance that provides critical illness coverage, you might still find it beneficial to have a separate critical illness insurance policy. This ensures you have a sufficient financial protection in the event you receive a severe health diagnosis.

Health questionnaires are a standard part of the critical illness insurance application process. They help insurers understand your medical history and assess risk before approving your coverage or setting your premiums.

The majority of applicants won’t need a medical exam. But if an insurer needs more information, they might request one. It’s an extra step in the process, but exams aren’t always a bad thing. In some cases, they can even lower your premiums. For example, if your tests show a pre-existing condition is stable and well-managed, an insurance company may view you as less risky to insure.

As with most types of insurance, critical illness insurance rates will vary from person to person. The exact cost of your premium is determined by factors like your age, sex at birth, healthy history, and coverage amount. For a locked-in monthly rate, critical illness insurance can provide extra financial security during an already-stressful time.

With Blue Cross Life, you have the flexibility to apply for coverage ranging from $10,000 to $1 million, allowing you to choose the level of protection that best suits your financial needs and health concerns.

You can determine how much critical illness insurance you might need based on:

• Your annual income
• Your monthly expenses, including mortgage or rent, groceries, childcare, etc.
• Your current savings
• Potential medical expenses in the event of diagnosis

Here's an example. If you make $5,000/month and you want to have enough cashflow to cover 6 months of income, plus an additional $10,000 unexpected medical expenses, you would want to compare quotes for ($5,000 x 6) + $10,000 = $40,000 in critical illness coverage.

Critical illness insurance with Blue Cross Life does not provide lifetime coverage. Our policies are designed to offer flexible and customizable coverage over specific periods (or terms.) Longer terms will have higher premiums than shorter terms, because your risk of developing a severe health issue is higher over a longer period and increases as you age.

You can choose an affordable critical illness insurance policy based on the amount of coverage and the monthly premiums that best fit your needs.

Just like car insurance, critical illness insurance is one of those things you hope you never need! If no claim is made during the term of your policy, you won't receive a payout and your coverage will end when your policy ends. At that time, you can reevaluate your needs and purchase a new policy, or choose to go without coverage.

To qualify for critical illness insurance coverage from a Canadian life insurance provider, you typically need to be a Canadian citizen or resident. Blue Cross Life also requires you to be physically located in Canada when you sign your policy contract.

If you don't currently meet these requirements, other providers may still offer financial protection. While some insurers may approve applications from non-Canadians, your coverage options may be limited.