Critical Illness Insurance

Critical illness insurance provides a tax-free lump-sum of cash, usually 30 days after the diagnosis of life-altering illnesses such as a heart attack, stroke or cancer.

This type of insurance can be used to help pay costs associated with illness, offset lost income, eliminate debts, and pay for day-to-day expenses, or to seek alternative treatment after suffering a life-altering illness.

Critical illness insurance offers the following features:

• Guaranteed premiums – Once your policy is approved, your premiums are set out and guaranteed in your policy.
• Choice of plans – Flexibility is built into the program to provide you a choice of temporary and/or permanent coverage plans to meet your specific needs.
• Return of premium – You can add a feature that guarantees you a tax-free refund of premiums paid, if the policy expires, or if you die while the policy is in force and you have not made a claim for critical illness insurance.

We can help

At Edward Jones, we can help you reach your financial goals. Contact your Edward Jones advisor.