Critical illness insurance is a living benefit that pays out a lump sum payment if you get diagnosed with any of the life-threatening illnesses covered by the plan. Coverage is available for term period, usually to age 65.

Disability insurance is different from critical illness insurance, in that it only replaces a portion of your monthly income if you are unable to work due to an illness or accident.  Generally, disability insurance replaces between 60% to 85% of your regular income, up to a maximum amount, for a specified time.

Personal health insurance provides coverage for health expenses not covered by your provincial plan i.e. prescription drugs, dental, travel coverage, and chiro, naturopath and massage treatments.