Critical Illness Coverage
What Does it Cover?
As determined by contracts, most comprehensive plans cover between 20 and 24 conditions in total. The most commonly occurring conditions, in terms of claims, are heart attack, stroke, and cancer.
Typically, comprehensive critical illness insurance policies cover most or all of the following conditions:
| Alzheimer's Disease | Loss of Limbs |
| Aortic Surgery | Loss of Speech |
| Benign Brain Tumour | Major Organ Transplant Recipient |
| Blindness | Major Organ Transplant Waiting List |
| Cancer | Motor Neuron Disease (ALS/Lou Gehrig's Disease) |
| Coma | Multiple Sclerosis |
| Coronary Artery Disease requiring surgery | Occupational HIV Injury |
| Deafness | Paralysis |
| Heart Attack | Parkinson's Disease |
| Heart Valve Replacement | Severe Burns |
| Kidney Failure | Stroke |
Arca Financial Group provides critical illness insurance from the following major Canadian insurers:
Manulife Financial Sun Life Financial AIG Life of Canada
Canada Life Standard Life RBC Insurance
Insurance products and services are offered through Arca Financial Group Inc.
Many financial firms just focus on investments, and straight buying and selling of products. But strategic longer-term retirement and estate planning is of primary importance and should be one of the mainstays of building a financial plan. This is where Arca Financial Group stands apart. At Arca there is a culture of helpfulness and innovativeness, and we have been continually impressed by how our advisor stays up to date on the latest innovations in investments as well as changes in government legislation and how everything affects our plan. The NaviPlanTM is a wonderful tool for looking into your future, understanding your cost of living, and the finances required to support that standard of living. These folks are talented, helpful, knowledgeable, and they really take the time to explain things in a way we can understand.
