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Are You Ready To Deal With A Critical Illness?

July 12, 2013Critical Illness Insurance, Featured Articles, Living Benefitsimport

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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Contact Us

Ong Financial Planning Services Ltd.
John Ong, CFP, CHS, CPCA, CCS
Financial Planner
Tel: (604) 676-1088
Email:

1275 West 6th Avenue 3rd floor
Vancouver, BC
V6H1A6

About

John has been providing financial planning advice for over 15 years. John is currently licensed as a life insurance agent, accident & sickness agent, mutual funds representative*, Financial Planner, Certified Health Insurance Specialist, and Certified Professional Consultant on Aging. He specializes in personal financial planning advice with an emphasis on risk management, estate & retirement planning.
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