{"id":24931,"date":"2025-09-03T17:20:37","date_gmt":"2025-09-03T17:20:37","guid":{"rendered":"https:\/\/previva.ca\/?p=24931"},"modified":"2025-09-04T02:16:17","modified_gmt":"2025-09-04T02:16:17","slug":"maladies-graves","status":"publish","type":"post","link":"https:\/\/previva.ca\/en\/maladies-graves\/","title":{"rendered":"Protecting yourself against serious illnesses: an essential financial choice"},"content":{"rendered":"

Why think about the unpredictable?<\/mark><\/strong><\/p>\n\n\n\n

It's often believed that serious illnesses only happen to other people. However, statistics show that a large number of Canadians will face an illness such as cancer, a heart attack, or a stroke during their lifetime. These events disrupt not only a family's health, but also its financial stability.<\/p>\n\n\n\n

The financial impact of a serious illness<\/mark><\/mark><\/strong><\/p>\n\n\n\n

When a diagnosis is made, priorities immediately change: treatment, rest, family support. But the bills don't go away. Here are some examples of the financial impacts:<\/p>\n\n\n\n

\n

\u2022 Loss of income:<\/mark><\/strong> a long period of work stoppage can weaken the family budget.<\/p>\n\n\n\n

\u2022 Medical expenses and additional care:<\/mark> <\/strong>Even in Quebec, certain treatments, medications or therapies are not covered by the public plan.<\/p>\n\n\n\n

\u2022 Adaptation of lifestyle:<\/mark><\/strong> transportation to appointments, home help, home remodeling... expenses that add up quickly.<\/p>\n\n\n\n

<\/p>\n<\/div>\n\n\n\n

Without adequate protection, these unforeseen events can force people to dip into retirement savings, sell assets or even go into debt.<\/p>\n\n\n\n

Critical illness insurance: a lifeline<\/mark><\/strong><\/p>\n\n\n\n

Critical illness insurance provides a tax-free lump sum payment upon confirmation of a covered diagnosis. This money can be used to:<\/p>\n\n\n\n

\n

\u2022 Replace part of the lost income.<\/p>\n\n\n\n

\u2022 Cover uninsured medical expenses.<\/p>\n\n\n\n

\u2022 Reduce financial stress to focus on recovery.<\/p>\n\n\n\n

\u2022 Maintain family projects and protect long-term savings.<\/p>\n<\/div>\n\n\n\n

<\/p>\n\n\n\n

It is a concrete way of bringing serenity in a time of uncertainty<\/mark><\/strong>.<\/p>\n\n\n\n

Protecting what matters most today<\/mark><\/strong><\/p>\n\n\n\n

Every situation is unique. The amount of coverage and type of protection should be tailored to your needs, goals, and budget. The important thing is to plan before an unforeseen event occurs.<\/p>","protected":false},"excerpt":{"rendered":"

Pourquoi penser \u00e0 l\u2019impr\u00e9visible? On croit souvent que les maladies graves n\u2019arrivent qu\u2019aux autres. Pourtant,…<\/p>","protected":false},"author":1,"featured_media":24932,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","footnotes":""},"categories":[186],"tags":[],"class_list":["post-24931","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"_links":{"self":[{"href":"https:\/\/previva.ca\/en\/wp-json\/wp\/v2\/posts\/24931","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/previva.ca\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/previva.ca\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/previva.ca\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/previva.ca\/en\/wp-json\/wp\/v2\/comments?post=24931"}],"version-history":[{"count":2,"href":"https:\/\/previva.ca\/en\/wp-json\/wp\/v2\/posts\/24931\/revisions"}],"predecessor-version":[{"id":24934,"href":"https:\/\/previva.ca\/en\/wp-json\/wp\/v2\/posts\/24931\/revisions\/24934"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/previva.ca\/en\/wp-json\/wp\/v2\/media\/24932"}],"wp:attachment":[{"href":"https:\/\/previva.ca\/en\/wp-json\/wp\/v2\/media?parent=24931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/previva.ca\/en\/wp-json\/wp\/v2\/categories?post=24931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/previva.ca\/en\/wp-json\/wp\/v2\/tags?post=24931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}