Business-owned critical illness insurance

Take charge of your recovery, knowing that your business can continue to operate, even if you are diagnosed with a serious illness.

Receive a payment

Your business receives a one-time payment that it can use as needed.

Consult health experts

Experienced specialists can help you resume your normal activities.

Take advantage of additional support

During your recovery, get services from professionals.

What is critical illness insurance for business owners?

If you are diagnosed with a critical illness, your business can get a tax-free payout. Medical conditions covered may include, but are not limited to, cancer, heart attack and stroke.

In addition to protecting you, critical illness insurance can also allow you to insure key employees.

How does critical illness insurance work?

Why buy critical illness insurance for your business?

A critical illness payment can help in several ways:

Your company

Make sure expenses are paid and your business continues to operate as normal.

The future of your business

Make sure you and your associates have a succession plan.

Protecting your business assets

Instead of dipping into your business funds, use the payout to make sure your business can keep running.

Much more than a payment

To aid your recovery, access to medical treatment and emotional support will help you take care of what’s most important: your health. You will be able to consult the best health specialists, in addition to obtaining professional help to deal with the effects of your disease.

If you are not diagnosed with a critical illness, what happens?

If you don’t have a critical illness, you have the option of adding a refund of premium endorsement to your insurance policy and recovering some or all of your money. Your policy will end when the premium is refunded.

What should I choose, critical illness insurance or disability insurance?

Depending on your situation, you may only need critical illness insurance or disability insurance. However, in most cases, you need both in order to protect yourself well.


To mitigate the impact of a disability or critical illness, critical illness insurance and disability insurance go hand in hand.

Critical illness insurance Disability insurance
Payment type
One-time large tax-free payment
Monthly income replacement payment
Under what circumstances is payment made?
If you are diagnosed with a covered illness

Il you are unable to work due to injury or illness

Waiting period
No waiting period in some cases
There is usually a waiting period
Duration of protection
Protection for life
Coverage ends at 65
What can this protection be used for?
Large amounts of money that you use as you wish, for example to pay medical bills, make your mortgage payments or pay off your debts.
Pay your monthly expenses

Have any question about insurance?

Our team can answer all your questions, understand your situation and help you build a plan