By Presented by Lawton Partners Wealth Management - Laurianne Osmak, CLU, CHS Financial Planner

Build Something Great

Keep your retirement savings intact and protect your investments

Apr 2, 2019 | 9:05 AM

Over the years, you may have seen someone close to you suffer from a critical illness. When this happens, you see how an illness can be devastating for the person suffering and their family, emotionally as well as financially.

Without financial help, you might have to use your retirement savings to help cover unexpected costs associated with your treatment and recovery.

What is my critical illness insurance for?

Transition critical illness insurance provides financial assistance that’s easy to apply for, and that will help you focus on recovery, without having to worry about your finances.

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Because the benefit is paid in a lump sum and is not taxable, you can decide the best way to use this financial assistance:

· Keep your retirement savings intact and protect your investments

· Extend your disability leave in order to take the rest you need for your full recovery

· Cover your spouse’s temporary loss of income so that he or she can take time off to stay by your side

· Hire services to help you at home with your responsibilities

· Cover the cost of medications or treatments that are not covered by your government plan

· Ensure your financial obligations are covered, such as your mortgage payment

Because it is an unconditional lump-sum payment, you won’t have to justify any amounts you use.

Talk to your advisor soon for the best solution for your situation.

Find out more – talk to us today. We can help you find

Financial support for when it really counts.

For more information contact Lawton Partners Wealth Management 306-922-2020

https://patweir.ca/