Lifecheque® Basic Critical Illness Insurance
Summary of coverage |
Critical Illnesses covered
| Exclusions | Rates
With the simple, accessible and affordable protection
offered by Lifecheque* Basic critical illness insurance,
you'll have the security of knowing that
in 30 days
following a diagnosis of a covered critical illness,
you’ll receive a lump-sum payment of the amount you
chose. How you spend it is entirely up to you.
This insurance covers
five of the most common critical illnesses and
conditions: cancer, heart attack, stroke, coronary
artery bypass surgery and aortic surgery.
Residents of Canada between the ages of 18 and 65 years
at time of application are eligible to apply for
Lifecheque Basic Critical Illness Insurance.
You choose the level of
The Lifecheque Basic critical illness plan offers three
benefit amounts - $25,000, $50,000 and $75,000 - so that
you may choose the level of coverage that suits your
needs, life stage and your budget.
Anyone between the ages of 18 to
55, inclusive, can
choose from three coverage
$25,000, $50,000 and
Coverage is also available
to other age groups:
Ages 56-60: $25,000 or $50,000
Ages 61-65: $25,000
It's easy to apply
If you can sign a declaration of
your good health, your coverage becomes effective on the
first of the month after the insure
application and premium payment.
It’s that simple.
The declaration requires you to
confirm that you are in good health
and have not experienced signs or symptoms,
consulted your doctor or had abnormal tests related to
the covered critical illnesses. No
information about your family history is required.
The Lifecheque Basic critical illness insurance monthly
premiums are based on your age, gender and smoking
status, so the younger you are when you apply, the lower
your premiums will be. Healthy savings for non-smokers:
non-smokers enjoy up to 50% savings on their premiums,
compared to smokers.
The coverage is guaranteed renewable until the policy anniversary
date following the insured's 75th birthday, at which
time the policy will terminate.
And because your premiums are
guaranteed not to increase for the first five years,
this coverage is easy to plan for. At the end of the
first five years, and every five years thereafter, as
long as your policy remains current, your coverage will
be renewed at your new age-based rate - without any
medical questions asked.
Of course, you can choose to cancel this protection at
Return of Premium Option
This coverage also offers a Return of Premium Option.
With the Lifecheque Basic critical illness insurance
Return of Premium Option, when you reach your 75th
birthday and you have not made a claim, Manulife
Financial will reimburse all the premiums you paid - up
to 100% of the benefit amount you selected!
If you are
between 18 and 55 years of age, and a Canadian resident,
you are eligible to apply for this Return of Premium
Option. Please note,
however, that this option is only available at the time
of initial application.
Health Service Navigator
Service Navigator included at NO EXTRA COST: With Health
Service Navigator, you and your eligible family members
can quickly and easily get answers to your questions and
access to support services. One simple call to a
dedicated toll-free line and you will be connected to
Health Service Navigator where you can receive
information, medical coordination services and resources
on how to navigate the Canadian health care system. And,
if you want a second opinion from a world-class
hospital, Health Service Navigator will help you get it.
* As Health Service Navigator is a service provided by
a third party. Manulife cannot guarantee its continuing
availability and reserves the right to replace the
service provider or discontinue the service at any time.
Covered Critical Illnesses
A definite diagnosis of a tumour characterized by the
uncontrolled growth and spread of malignant cells and
the invasion of tissue. The diagnosis of cancer must be
made by a specialist.
Attack: A definite diagnosis of the death of heart
muscle due to obstruction of blood flow, that results in
a rise and fall of biochemical cardiac markers to levels
considered diagnostic of myocardia infarction, with at
least one of the following:
• heart attack symptoms
• new electrocardiogram (ECG) changes consistent with a
heart attack, or
• development of new Q waves during or immediately
following an intra-arterial cardiac procedure including,
but not limited to, coronary angiography and coronary
The diagnosis of heart attack must be made by a
Stroke (Cerebrovascular Accident):
A definite diagnosis of an acute cerebrovascular event
caused by intra-cranial thrombosis or hemorrhage, or
embolism from an extra-cranial source, with:
• acute onset of new neurological symptoms, and
• new objective neurological deficits on clinical
examination, persisting for more than 30 days following
the date of diagnosis. These new symptoms and deficits must be
corroborated by diagnostic imaging testing. The
diagnosis of stroke must be made by a specialist.
Coronary Artery Bypass Surgery:
The undergoing of heart surgery to correct narrowing or
blockage of one or more coronary arteries with bypass
graft(s). The surgery must be determined to be medically
necessary by a specialist.
Aortic surgery: The
undergoing of surgery for disease of the aorta requiring
excision and surgical replacement of the diseased aorta
with a graft. Aorta refers to the thoracic and abdominal
aorta but not its branches. The surgery must be
determined to be medically necessary by a specialist.
Conditions, Exclusions and Limitations
listing of all applicable exclusions and limitations is
detailed in the policy issued by Manulife Financial upon
final approval of your application. Please read it
carefully. If you are not satisfied with this coverage,
you can cancel the policy within
30 days of receiving
it and all premiums paid will be refunded
NOTE: This is a
brief overview of the Benefits, providing some key definitions,
exclusions and limitations. Please refer to the policy booklet for
complete details. In the event of any inconsistencies between this
overview and the policy booklet wordings, the actual policy booklet
wording will prevail.
If you have questions or need help to
complete the application, please,
call at 416-493-0101 (or
1-877-443-0101) or send your
request or question.