epIsode

17

The Benefits of Critical Illness Insurance

The deets

Why should you consider critical illness insurance as a part of your financial strategy? 

In this episode, Aaron Buchner tackles the often-overlooked topic of critical illness insurance. He explains why this form of insurance is not just an 'extra' but a crucial part of securing your financial future. His discussion explores the impact of unexpected medical expenses, especially for Canadians who believe healthcare is entirely covered.

Aaron discusses: 

  • (02:32) Why Canadian healthcare isn't entirely "free"
  • (04:22) What critical illness insurance actually covers
  • (08:01) The financial impact of using retirement savings to cover medical expenses
  • (09:48) Comparing investing versus insurance costs for peace of mind
  • (18:53) Balancing financial planning with current lifestyle needs
  • And more

Tune in to find out how planning for the unexpected can keep you on track toward your dream retirement without compromising your enjoyment of the present.

Resources:

watch the Episode on