Critical Illness Insurance: Cancer and a BIG Fat Cheque

Taivi Tayler • October 14, 2023

Hi, my name is Taivi Tayler and I am a practicing Certified Financial Planner, Wealth Manager, & Insurance Broker and I work with people all over the Province of Ontario.


Specifically in my role as a Certified Financial Planner, I am always on the look out for the potholes of life.


The big gaping holes on our journey through life that can and will take us out at the knees. 


Let’s take cancer for example.


According to the Canadian cancer society, for 2015-2017, the net 5 year survival rate for men with prostate cancer is 91%, women with breast cancer is 89%. They survived and that is amazing. 


What you don’t hear in those numbers is what happened to their finances. These people were on treatment and that treatment may not have allowed them to work. Therefore, debt likely accumulated and the retirement assets may have been withdrawn early.


Consider Critical Illness Insurance


It doesn’t have to be that way. When doing an insurance strategy for my clients, I will recommend they consider critical illness insurance to protect their finances. According to the Canadian Cancer society, cancer is more widespread for those aged 50+, the ones that are in their peak earning years.



How would you like a big fat cheque?


In late 2022, I delivered a $100,000 tax free to a woman who was diagnosed with cancer. She survived her ordeal and is now on the mend with her finances intact. 


Contact us to find out how we can keep your wealth from illness like cancer, heart attacks and strokes. Plan, protect, and grow your wealth with Tayler Insurance & Estate Planning.

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