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Business Owners: A corporation can own critical illness insurance policies on its shareholders and be the beneficiary of the policies. Dividends received by shareholders are considered taxable income. However, dividend income is generally taxed at a much lower rate than a salary. Assuming the shareholder does not have any other taxable income, it is possible that up to a certain amount, a dividend can be received by a shareholder without incurring any personal tax liability. The personal tax liability would be offset by the individual tax credit resulting from the dividend income.

In a broad sense, most people know that critical illness insurance is a policy that covers major financial expenses in the event that you fall unexpectedly and critically ill, however few people know the details of this important type of policy. Critical insurance has been popular for over 30 years and has evolved to ensure that there is a policy to benefit every client, regardless of their age and physical condition. Critical Insurance works with each client and compares policies from a number of insurance companies to determine the best possible coverage for them.

Critical illness insurance policies can be incredibly complex. If you do not have significant experience navigating legal documents, it can be difficult to understand exactly how a policy works, what health problems are covered and the amount of coverage for each medical situation. Critical Insurance has significant experience understanding policies and carefully explaining them to clients in language they understand. We compare coverage from a number of different insurance companies to determine the one that best suits your specific situation.

E-mail fraud Be cautious of e-mail and websites purporting to represent a legitimate company and that ask you to provide confidential or financial information. It is not Critical Insurance's practice to e-mail you to ask you to provide or confirm your PIN, password, or other confidential or financial information, other than as may occur in response to an inquiry from you. If you receive such a request, or have any concern as to the validity of an e-mail from Critical Insurance, a website purporting to be a Critical Insurance website, or our online security, please notify us immediately.

We are the only insurance company that has trademarked the words 'critical insurance' because our specialty is catering to your unique critical insurance needs.

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