CAA Critical Illness Insurance
Coverage for 44 Critical Illnesses/Conditions

What is CAA Critical Illness Insurance?

Life can present many unexpected twists and turns, many of which are beyond our control. CAA Critical Illness Insurance, provided by Securian Canada, can offer a little peace of mind knowing that you or your loved ones can be financially protected in the face of a serious illness diagnosis. This comprehensive coverage helps protect you if you are diagnosed with a qualifying health condition such as a heart attack, stroke or cancer. CAA Critical Illness Insurance can provide a lump-sum payment to cover anything you and your family might need – from medical expenses to lost income – so you can focus on health and recovery instead of worrying about financial obligations.

Why choose CAA Critical Illness insurance?

A serious illness may mean having to take time off work or facing unexpected medical bills. Your government health care plan may not cover the costs of all your medications or travelling for treatment. If your workplace insurance doesn’t cover these expenses or allow for an extended medical leave, finances may become one more thing to worry about. That’s where critical illness insurance can help. It’s like a financial safety net that can provide support for you and your loved ones during a difficult time.

CAA Critical Illness Insurance covers 44 critical conditions - amongst some of the most comprehensive coverage in Canada. It can be a tremendous help if you have dependents, don’t have benefits through work – or only have limited coverage, are self-employed and don’t have additional health insurance or have limited savings. If you’re unsure whether you would benefit from critical illness insurance, ask yourself this: would your family be able to manage in the face of a serious illness without this financial support?

Plan Highlights

Exclusive Member pricing: Save 10% off your rates!
Choose between $10K to $1M in coverage
Select a coverage length between 10 to 30 years
44 conditions covered (27 critical illnesses, 17 early-stage conditions)
30-day money back/refund guaranteed
Rates are locked in for the full term

Apply for CAA Critical Illness Insurance and see if you’re eligible for CAA Term Life Insurance in a single application

Determine if CAA Critical Illness insurance is right for you.

Get a quote online.

Ontario

If you reside in South Central Ontario, you can get personalized rates for different coverage amounts and lengths. No commitment required. Apply online when you’re ready

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Manitoba

If you reside in Manitoba, you can get personalized rates for different coverage amounts and lengths. No commitment required. Apply online when you’re ready.

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Have an existing account?

South Central Ontario residents, click here to login to submit a claim or view your policy.

Manitoba residents, click here to login to submit a claim or view your policy.

Not sure how much CAA Critical Illness Insurance coverage you need? A licensed, non-commissioned advisor can assist in calculating what amount of coverage is best for your situation. Click here to connect with an advisor.

10 Things to Consider Before Choosing a Critical Illness Insurance Policy

Critical Illness Insurance is one of the best ways to financially protect yourself—and your family. It is important to have, and best of all, doesn't take that long to sort out. So instead of avoiding the topic, let's start tackling critical illness insurance headfirst.

The Complete Guide to Critical Illness Insurance in Canada

An unexpected medical emergency or severe health diagnosis can be stressful in more ways than one. The good news is that Critical Illness Insurance is a simple way to take the financial stress out of the mix. In this article, we'll break down everything you need to know about critical illness insurance so you can decide if it's the right fit for you.

FAQ: CAA Critical Illness Insurance

What are the covered conditions on the CAA Critical Illness Insurance plan?

The 44 conditions covered (27 critical illnesses, 17 early-stage conditions) are:

Aplastic Anemia
Multiple Sclerosis
Occupational HIV Infection
Endovascular Aortic Surgery
Coronary Angioplasty
Aortic Aneurysm (of specified severity)
Implantation of a Permanent Cardiac Pacemaker
Implantation of a Permanent Implantable Cardioverter-Defibrillator (ICD)
Cancer of Specified Severity
Early-Stage Breast Cancer - Carcinoma In-Situ (CIS) of the Breast Treated with Total Mastectomy
Early-Stage Prostate Cancer - Prostate Cancer Treated with Radical Prostatectomy
Early-Stage Blood Cancer - Chronic Lymphocytic Leukemia - Stage 0
Early-Stage Breast Cancer - Carcinoma in-Situ (non-invasive cancer)
Early-Stage Intestinal Cancer – Gastrointestinal Stromal Tumours (GIST)
Early-Stage Prostate Cancer – Prostate Cancer (Stage T1a or T1b)
Early-Stage Skin Cancer – Dermatofibrosarcoma
Early-Stage Skin Cancer - Primary Cutaneous Lymphoma
Early-Stage Skin Cancer – Malignant Melanoma
Early-Stage Thyroid Cancer – Papillary Thyroid Cancer or Follicular Thyroid Cancer
Other Forms of Cancer - Carcinoma in-Situ (non-invasive cancer)
Other Forms of Cancer – Neuroendocrine Tumours (including carcinoid tumours)
Aortic Surgery
Cardiomyopathy
Coronary Artery Bypass Surgery
Heart Attack
Heart Valve Replacement or Repair
Benign Brain Tumour
Motor Neuron Disease (including ALS)
Acquired Brain Injury
Bacterial Meningitis
Coma
Dementia, including Alzheimer's Disease
Paralysis
Parkinson's Disease and Specified Atypical Parkinsonian Disorders"Stroke (cerebrovascular accident resulting in persistent neurological deficits)”
Blindness
Deafness
Loss of Limbs
Severe Burns
Loss of Independence Existence
Loss of Speech
Kidney Failure
Major Organ Failure (on Waiting List)
Major Organ Transplant

What is a CAA Critical Illness Insurance covered condition?

Covered conditions fall into two categories:

Fully covered option: If you’re diagnosed with a fully covered condition, you’ll be eligible to receive a lump-sum payment equal to 100% of your coverage amount.
Partially covered condition: If you’re diagnosed with a partially covered condition, you’ll be eligible to receive a lump-sum payment equal to a percentage of your coverage amount.

CAA Critical Illness Insurance covers 44 critical conditions - amongst some of the most comprehensive coverage in Canada.

What’s the waiting period for CAA Critical Illness Insurance?

When it comes to CAA Critical Illness Insurance, the waiting period refers to the time between when you receive the diagnosis of a covered illness and when you can submit a claim. Waiting periods can vary by insurance providers, the covered condition and the terms of your policy. These typically range from 30 to 90 days but may be longer in some cases. Note that with CAA Critical Illness Insurance, there’s no waiting period for more than half of the covered conditions.

How is CAA Critical Illness Insurance benefit paid?

Can you cancel CAA Critical Illness Insurance?

Buying insurance can be a big decision. So, if you change your mind about having coverage, know you can cancel your critical illness insurance at any time, as long as you haven’t submitted a claim. With CAA Critical Illness Insurance, you can get a full refund on any premiums you paid if you cancel within 30 days of purchasing your policy.

If you cancel after the 30-day period, you’ll receive a pro-rated refund of any prepaid premiums. You won’t be charged any cancellation fees or penalties either.

CAA Critical Illness Insurance Coverage for 44 Critical Illnesses/Conditions