Critical illnesses are conditions that can cause a patient’s body to become completely or partially irreparably damaged, making them physically, emotionally, and financially vulnerable for the rest of their lives.
Because there is always a chance of becoming ill, it’s essential that we take safeguards to enable you to make the financial decisions necessary to make a difference when it matters most.

The most common reasons for filing a critical illness claim:

  • Cancer
  • Heart attack
  • Stroke
  • Kidney problems
  • Coronary artery bypass surgery
  • Multiple sclerosis

Be familiar with the Critical Illnesses that are covered

The Critical Illnesses that are protected by an insurance policy can vary from provider to provider.
Before you make the decision to get insurance, you need to ensure that you have a thorough understanding of the terms and circumstances that the policy would cover.

Financial coverage

oth the maximum amount of critical illness insurance coverage that you can get and the minimum age of the individual who will be insured are subject to change depending on which insurance company you purchase coverage from.
Make a call to advisors of Sehajannat Financial Services and discuss the circumstances in which you find yourself to determine the most appropriate course of action for you to follow at this time.


Nearly all of the Critical Illness plans that are currently offered on the market are presently participating in a methodical procedure that will result in the addition of further exclusions. This process has begun. Self-mutilation and the discovery of cancer within the first ninety days of the contract’s going into effect are two examples of the new situations that will void coverage.

Insurance premiums tend to be higher for smokers

If you are a smoker or someone who has used tobacco products within the previous year, you can expect to see a large increase in the amount of money that you have to pay for your premiums as a result of this change. When it comes to insurance premiums, a smoker will almost always end up paying more than twice as much as a non-smoker would spend for the same coverage.

Exclude All Pre-Existing Conditions

This topic merits thoughtful attention, specifically: You might be able to receive a cheaper insurance policy as a result of certain plans’ exclusion of certain covered situations (for example, loss of sight); in this case, an insurer will assume lower risks and will reward you with reduced rates in exchange for their willingness to take those risks.

Determine the range of illnesses that will be covered

As a result of the fact that various insurance policies can cover a wide variety of distinct categories of critical illnesses, you have the freedom to select the specific critical illnesses that will be paid for by your policy. If someone in your family has a history of a serious illness, such as cancer, for example, you generally do not want to mark off that significant illness from the list.

How long do you wish to have this protection?

The length of your insurance policy will, in most cases, have an effect on the premium that you are required to pay for it. This is due to the fact that the longer your policy is, the higher the probability that something may go wrong with it.
Please don’t hesitate to get in touch with our team of financial specialists if you have any questions regarding critical illness insurance. Our experienced financial advisors will do a comprehensive analysis of your individual circumstances in order to provide you with the most comprehensive and cost-effective critical illness insurance in Canada.
We at Sehajannat Financial Services offer reasonable pricing that won’t break the bank, and we give comprehensive protection so that you don’t have to worry about being vulnerable anymore and can live a life that is full of joy and freedom from stress.
Get in touch with our support team and we will go through all of your circumstances in great detail and you will end up having the best Critical Illness Insurance plan for yourself.