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November 1, 2014

Are You Ready To Deal With A Critical Illness?

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Consider the following facts:

  • 40% of Canadian women and 45% of men will develop cancer during their lifetime
  • In 2005, cardiovascular disease (heart disease, diseases of the blood vessels and stroke) accounted for 31% of all deaths in Canada

Advances in medical science means that you have a better chance of surviving a critical illness. However, a critical illness often is accompanied by a huge financial burden to you and your family.

Did you know …

  • The average cost of treatment with newer cancer drugs is $65,000
  • 75% of cancer drugs taken at home cost more than $20,000 annually

Not all Canadians are insured for these costs. For cancer patients without adequate insurance protection, these costs can be devastating.

Be financially prepared. Increase your  chances of successfully dealing with a critical illness.

Information provided by BMO Insurance

©iStockphoto.com/Claudio Rossol
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