Critical Illness Insurance Nova Scotia & New Brunswick

Critical illness insurance is a form of coverage that protects people in the event they become critically ill. It isn’t a substitute for life insurance, but rather it complements it.

A critical illness can impose a significant financial burden on people and can disrupt their lives significantly. Most people know somebody who has become critically ill. Think of the hardships it caused to both the individual and their family.

Critical illness insurance pays a lump sum following the diagnosis of a covered illness. The owner of the policy can spend that money any way they choose, such as by paying down a mortgage or debts.

Whereas life insurance pays out in the event one dies, critical illness pays out when one becomes critically ill. Even if a person recovers, the policy is still paid out.

There are many illnesses covered. Some of the illnesses included are:

Parkinson’s disease.

Alzheimer’s disease.



Heart disease.

OTC Insurance offers critical illness insurance for clients in Nova Scotia and New Brunswick.

Don't be shellfish...Tweet about this on TwitterShare on Google+Share on LinkedInEmail this to someoneShare on Facebook
Recent Post

What our Clients are Saying

  • client-profile-img

    Shortly after moving my business to OTC my car was involved in an accident and there was a dispute about liability. Fortunately, Jack was on my side. He was very considerate and professional. What was determined a closed case by the other parties was reopened because of due diligence.

    Dorinda MacIsaac

  • client-profile-img2

    Jack and his OTC team does an outstanding job. Many clients have expressed their satisfaction with the good value, price and service. I will continue to use their service, and they are part of a home buying team.

    Jack Cameron
    Mortgage Broker
    Nova Scotia