Most Canadians do not envision getting sick or suffering a serious illness in their lifetime. Canadian health statics tell us that at least 1 out of every 3 Canadians will suffer from a heart attack, some form of cancer or stroke during their life. Although a large amount of money is spent each year to educate our population on how to reduce the possibility of falling into this category, little emphasis is placed on what happens if I do get sick.

Canadians enjoy the benefits of universal medicare, yet issues like the need for a prescription drug program eludes many of our citizens.

When a person’s condition deteriorates and they are no longer able to stay in their own home, this revenue helps to underwrite the cost of residency in a Special Care Facility. The extra revenue may provide quicker replacement into a facility and more specialized care if needed. A good example of this would be a facility that specializes in dealing with Alzheimer patient.

This provides medical coverage for persons traveling outside their province or country. It is fairly comprehensive in coverage and usually carries a maximum lifetime benefit. It does carry some limitations for pre-existing conditions.

Usually designed to cover a specific trip or excursion. May cover a period of a single day up to 30 days. The coverage expires after the defined period of time.

This term usually applies to people who take up part-time residency elsewhere, such as escaping to Florida for the winter. The coverage covers a longer period of time up to a maximum of 6 months at which time it is necessary to return home in order to maintain your permanent residence status.