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5575 - Cancer Insurance

New product for baby boomers

Did you know that 1 in 2 Canadians will be diagnosed with cancer in their lifetime? 90% of them will be more than 50 years old.

Because you deserve the best
Because you deserve the best

With 5575, you can choose a coverage plan of up to $75,000 that meets your needs, including coverage for minor and major cancers. Don’t let cancer cast a shadow on your retirement.

Instant online product

  • Coverage of $5,000 to $75,000 for major cancer

  • Benefit for minor cancer: 15% of the insurance amount

  • Death benefit: 15% of the insurance amount

  • Premium guaranteed 10 years

  • Additions possible: Comprehensive option for up to 5 additional conditions (stroke, heart attack, coronary bypass, coma, paralysis).

Probability of having cancer during their life time

  • One in two Canadians will develop cancer, with a 90% probability of a positive diagnosis after age 50;
  • 89% of Canadians aged 55 to 75 consider themselves in good health;
  • 68% of those diagnosed with cancer survive their disease;
  • 26% of Canadians believe they have a high risk of developing cancer over the next 20 years;
  • 58% of those diagnosed with cancer are retired;
  • 73% of Canadian baby boomers take medication continually, using an average of 3.5 different medications.

Calculate your premium right now!

Sources: Léger Marketing survey conducted from July 27 to August 6 among a sample of 2019 Canadians aged 55 to 75.
Canadian Cancer Society. Media factsheet: Canadian Cancer Statistics: 2018 special report.

Documentation and tools

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