Would your financial plan survive a serious illness?
Chances are pretty good that you or someone you know has been affected by a serious illness or cancer. The 2014 Sun Life Canadian Health Index™ revealed that 45% of the study’s respondents personally suffered at least one serious health event or accident. Almost half of all Canadians – 41% of females and 46% of males – will develop cancer in their lifetime.1 And it’s estimated someone dies from heart disease or stroke every seven minutes in Canada.2 The good news is that more people are surviving serious illnesses.
Are you prepared for the cost of getting better?
Recovering takes time and may also require a substantial amount of money. While the healthcare system takes care of basic hospital and medical costs, there can be other incidental expenses which aren’t covered – everything from transportation and parking, to alternative medical treatments and drugs.
The 2014 Sun Life Canadian Health Index report also shows that many Canadians are unprepared for a major health event.