In Alberta and BC, the term catastrophic health insurance is often used to describe critical illness insurance plans. While they do share some similarities, they are different products.
Health Insurance Policies – Critical Illness vs Catastrophic Health Insurance
The biggest difference between critical illness and catastrophic health insurance policies is:
- Critical illness insurance pays a lump sum upon the diagnosis of a qualifying life-altering illness
- Catastrophic health insurance provides specific coverage for significant medical expenses incurred from serious accidents or medical emergencies
Catastrophic Health Insurance Coverage – Learn More at Buy Now
Catastrophic health insurance is a relatively new type of health insurance coverage and can be purchased as a stand-alone product. Please read more details about plan coverage, deductibles and claims in our in our Buy Now quoting and purchasing system. Or contact us with your questions.