YOUR “STUFF” IS COVERED…BUT ARE YOU?
EquiLiving® critical illness insurance
DO YOU HAVE INSURANCE IN THE EVENT THAT:
Your car is damaged in an accident?
YES
7
The shingles blow off your house?
You suffer a stroke?
High
MOST PEOPLE
AREN’T PROTECTED.
Minimal
3
You are diagnosed with life-threatening cancer?
FINANCIAL IMPACT
Minimal
3
You suffer a heart attack?
Your apartment floods?
NO
7
High
ARE YOU?
Minimal
3
7
High
Government health plans may not cover all the costs associated with living with a critical illness.
When faced with the choice between getting life-saving treatment and financial ruin, many Canadians are
forced to deplete their retirement savings or take on additional debt to cover the costs.
THE RISK OF A CRITICAL ILLNESS IS REAL. THE COSTS…DEVASTATING
Did you know:
•
•
•
•
The average cost of a single course of treatment with current cancer drugs is $65,000 with the individual being responsible for up to $13,000 or more of the cost.1
For 1 in 12 Canadian families, drug costs amount to more than 3% of their net household income.1
The maximum length of EI coverage is about 23 weeks shorter than the duration of breast cancer 2
treatment which could have patients returning to work prematurely for financial reasons.
The cost of drugs for kidney cancer can cost up to $38,000 a year.3
A CRITICAL ILLNESS DOESN’T HAVE TO EQUAL FINANCIAL HARDSHIP
•
•
•
•
•
Make your mortgage payment and keep your home.
Keep your business running.
Cover the costs of extended care.
Explore out-of-country or alternative therapies.
Remain independent for as long as possible.
EquiLiving critical illness insurance takes care of the financial worries so you can focus on your recovery.
Talk to your advisor about EquiLiving today.
1
3
www.cancer.ca “Financial hardship of cancer in Canada” 2 Canadian Breast Cancer Network, Breast Cancer: Economic Impact and Labour Force Re-Entry, 2010.
www.kidneycancercare.ca 2010
® or ™ denotes a trademark of The Equitable Life Insurance Company of Canada. This information does not constitute legal, tax, investment, or other professional advice.
1274 (2014/05/26)
equiliving
EquiLiving critical illness insurance provides funds when it’s critical. Following diagnosis of one of the 25 covered
conditions, and a survival period of usually 30 days, you’ll receive a lump sum to spend any way you wish:
THE COST OF EQUILIVING CRITICAL ILLNESS INSURANCE
Chart illustrates monthly premiums for a standard rating. Rates as of April 2014. Actual rates may vary.
Non-smoker (standard)
Smoker (standard)
10 Year Renewable to age 75
Male
Age
50,000
75,000
100,000 150,000 200,000 250,000
$ 18.59 $ 25.63 $ 29.16 $ 41.49 $ 53.82 $ 65.93
$ 21.56 $ 30.08 $ 33.30 $ 47.70 $ 62.10 $ 76.28
$ 28.13 $ 39.94 $ 44.01 $ 63.77 $ 83.52 $103.05
$ 37.89 $ 54.59 $ 63.90 $ 93.60 $123.30 $152.78
$ 54.86 $ 80.03 $ 97.02 $143.28 $189.54 $235.58
Face amount
50,000
30
35
40
45
50
75,000
75,000
$ 18.36 $ 25.29 $ 27.45 $ 38.93 $ 50.40 $ 61.65
50
$ 52.11 $ 75.92 $ 85.86 $126.54 $167.22 $207.68
$ 22.01 $ 30.76 $ 34.92 $ 50.13 $ 65.34 $ 78.30
$ 29.70 $ 42.30 $ 47.25 $ 68.63 $ 90.00 $110.93
$ 39.96 $ 57.69 $ 63.36 $ 92.79 $122.22 $151.43
75.24 $ 92.70
$ 34.79 $ 49.93 $ 55.80 $ 81.45 $ 107.10 $ 132.53
$
51.12 $ 74.43 $ 84.06 $ 123.84 $ 163.62 $ 203.18
$ 84.87 $125.06 $ 141.03 $ 209.30 $ 277.56 $ 345.60
$ 144.27 $ 214.16 $ 240.75 $ 358.88 $ 477.00 $ 594.90
50,000
30
35
40
45
75,000
100,000 150,000
200,000
250,000
$ 21.74 $ 30.35 $ 34.02 $ 48.78 $
63.54 $ 78.08
$ 32.40 $ 46.35 $ 50.31 $ 73.22 $
96.12 $ 118.80
$ 46.94 $ 68.15 $ 78.03 $ 114.80 $ 151.56 $ 188.10
$ 71.37 $104.81 $ 120.60 $178.65 $ 236.70 $ 294.53
50 $ 102.74 $ 151.85 $ 177.12 $ 263.43 $ 349.74 $ 435.83
Level to age 75
Male
Age
Male
Age
Face amount
50,000
75,000
100,000 150,000 200,000 250,000
$ 41.36 $ 59.78 $ 71.19 $104.54 $137.88 $159.98
$ 49.37 $ 71.08 $ 85.32 $125.73 $166.14 $195.30
$ 63.18 $ 92.52 $110.16 $162.99 $215.82 $251.10
$ 76.86 $113.04 $137.07 $203.36 $269.64 $315.68
$105.80 $156.44 $186.84 $278.01 $369.18 $442.80
Face amount
50,000
30
35
40
45
50
75,000
75,000
100,000 150,000
200,000
250,000
$ 65.39 $ 95.83 $ 113.49 $ 155.16 $ 222.48 $ 269.78
$ 83.97 $123.71 $ 147.06 $ 201.60 $ 389.62 $ 350.10
$ 108.27 $ 160.16 $ 190.71 $ 274.64 $ 376.92 $ 456.08
$ 158.09 $234.88 $ 286.92 $ 411.80 $ 569.34 $ 663.30
$ 214.11 $ 318.92 $ 390.96 $550.85 $ 777.42 $ 909.68
Female
50,000
30
35
40
45
50
250,000
Female
100,000 150,000 200,000 250,000
30
35
40
45
30
35
40
45
50
200,000
$ 25.52 $ 36.02 $ 39.87 $ 57.56 $
Female
50,000
100,000 150,000
Female
100,000 150,000 200,000 250,000
50,000
30 $ 59.90
$171.90
35 $ 74.93
$222.08
40 $ 91.62
$281.03
45 $ 124.11
$338.18
50 $ 159.84
Level to age 100
75,000
100,000 150,000
200,000
250,000
$ 36.50 $ 52.49 $ 62.19 $ 91.04 $119.88 $139.50
$ 87.59 $ 104.13 $ 153.95 $ 203.76 $ 241.88
$ 43.70 $ 63.29 $ 75.15 $110.48 $145.80
$ 110.14 $ 130.86 $ 194.04 $ 257.22 $ 310.95
$ 55.71 $ 81.32 $ 95.04 $140.31 $185.58
$ 69.84 $102.51 $120.06 $177.84 $235.52
$ 82.62 $121.68 $143.55 $213.08 $282.60
$ 135.18 $ 160.74 $ 238.86 $ 316.98 $ 383.63
$183.92 $ 218.79 $ 325.94 $ 433.08 $ 517.05
$ 237.51 $ 285.30 $ 425.70 $ 566.10 $ 684.68
Male
Age
Face amount
50,000
75,000
Male
Age
100,000 150,000 200,000 250,000
30
35
40
$ 56.16 $ 81.99 $ 95.40 $140.85 $186.30 $218.70
Face amount
50,000
75,000
100,000 150,000
200,000
250,000
$ 89.28 $ 131.67 $ 154.89 $230.09 $ 305.28 $ 373.28
$ 85.73 $126.34 $148.77 $220.91 $293.04 $351.68
30
35
40
45
$109.40 $161.84 $191.70 $285.30 $378.90 $463.28
45
$ 239.45 $356.92 $ 415.71 $ 621.32 $ 826.92 $1,019.03
50
$143.78 $213.41 $253.98 $378.72 $503.46 $620.55
50
$ 313.79 $468.43 $545.04 $ 815.31 $1,085.58 $1,343.03
$ 65.97 $ 96.71 $113.49 $167.99 $222.48 $269.10
$ 114.89 $170.08 $ 205.83 $306.50 $ 407.16 $ 497.70
$ 153.99 $228.74 $ 280.08 $ 417.87 $ 555.66 $ 679.95
Female
50,000
30
35
40
45
50
75,000
Female
100,000 150,000 200,000 250,000
$ 52.56 $ 76.59 $ 86.40 $127.35 $168.30 $198.23
$ 64.94 $ 95.15 $111.78 $165.42 $219.06 $252.68
$ 79.34 $116.75 $137.25 $203.63 $270.00 $322.20
$ 94.82 $139.97 $165.42 $245.88 $326.34 $398.93
$115.56 $171.09 $202.68 $301.77 $400.86 $490.05
50,000
30
35
40
45
50
75,000
100,000 150,000
200,000
250,000
$ 81.09 $ 119.39 $ 140.67 $ 208.76 $ 276.84 $ 337.73
$ 103.95 $153.68 $ 184.59 $ 274.64 $ 364.68 $ 445.95
$ 132.89 $ 197.08 $ 238.14 $ 354.96 $ 471.78 $ 576.90
$ 178.11 $264.92 $ 301.86 $450.54 $ 599.22 $ 733.50
$ 222.62 $ 331.67 $ 381.33 $ 569.75 $ 758.16 $ 927.20
The question isn’t “Can you afford to buy critical illness insurance?”
The question is “Can you afford not to?”
equiliving
30
35
40
45
50
Male
Age
Face amount