Hello MCAS members,
Most of us know someone who has suffered from a severe critical illness such as cancer, heart attack or stroke. One in three Canadians will suffer a serious illness during their lives. Thankfully, modern medical advances and treatments allow for earlier detection of such illnesses, giving us all a better chance of survival. In fact, we are surviving critical illnesses more often than dying from them.
Did you know?
- 1.6 million Canadians are living with heart disease and stroke
- 1,700 people are hospitalized for stroke every year in Saskatchewan
- 15 new cancer cases are diagnosed each day in Saskatchewan
- 3,700 people are living with Multiple Sclerosis in Saskatchewan
- 257,000 (or 23%) of Saskatchewan residents live with at least one chronic illness
The financial toll of a critical illness can be devastating for employees, often with daunting changes required ranging from months off work while managing personal care or the care of a family member to broader longer-term lifestyle adjustments. Critical illness insurance does what life and disability insurance can’t – it protects against the financial impact of unexpected events and puts cash in hand for the extra expenses associated with a critical illness.
Providing your valued employees with critical illness insurance that helps restore financial security and guarantees peace of mind is vital. An employee may use the payment in any way – there are no restrictions on how the money is spent.
For more information on the MCAS Group Benefits Plan, or to book your next employee education session, please reach out or give us a call.
Matthew Hill
Benefits Associate, Wiegers Financial and Insurance Planning Services Ltd.
Wiegers Financial & Benefits
306-244-0949
matthew.hill@wiegers.ca
Michael Carss
Director, Innovation & Growth, Wiegers Financial and Insurance Planning Services Ltd.
Wiegers Financial & Benefits
306-244-0949
michael.carss@wiegers.ca