Cancer Doesn’t Just Affect Your Health—It Shakes Your Entire Life

When we talk about cancer, most people think about the physical and emotional toll. But few talk openly about the financial devastation it can bring.

According to the Canadian Cancer Society, the financial burden of a cancer diagnosis can be life-altering. A 2024 study shared on World Cancer Day revealed that the average out-of-pocket cost for cancer patients in Canada is $1,500–$2,000 per month—even with our healthcare system in place.

👉 Read the full article from the Canadian Cancer Society

This cost isn’t just about medications. It includes things like:

• Travel to and from treatment centers
• Parking and accommodation for out-of-town specialists
• Home care, childcare, and lost wages
• Nutritional support and therapies not covered by insurance

Now imagine that impact on a family already living on a modest income. Imagine the long-term plans… home ownership, retirement, your child’s education, suddenly derailed because one diagnosis changed everything.

This is Where Critical Illness Insurance Comes In

Critical Illness Insurance pays a lump sum, tax-free amount if you’re diagnosed with a covered illness such as cancer, stroke, or heart attack. It gives you financial breathing room when you need it most.

You can use that money however you choose:

• Replace lost income while you or your partner take time off work
• Cover private treatments or alternative care
• Pay for travel and accommodation for out-of-town specialists
• Maintain your mortgage and monthly bills
• Focus on recovery without the added stress of mounting debt

This isn’t about fear. It’s about planning ahead with confidence… for yourself and the people who love you.

“I’m Young and Healthy. Do I Really Need This?”

Here’s a sobering stat: 2 in 5 Canadians will be diagnosed with cancer in their lifetime. And cancer isn’t something that only affects the elderly. More and more working-age Canadians are dealing with diagnoses that interrupt careers, families, and futures.

Getting insured before you’re diagnosed means your coverage is guaranteed when you need it. Once you’ve had a diagnosis, the opportunity to get affordable, or any, coverage dramatically decreases.

Don’t Forget the Long Game: Why Life Insurance Still Matters

In the worst-case scenario, Life Insurance is the safety net your family will rely on. Whether it’s replacing lost income, covering funeral expenses, or keeping your kids in the home and school they know… life insurance gives your family time, space, and support to grieve without financial pressure.

Even small policies can have a massive impact during the hardest times of a family’s life.

Arlene Financial: Here for the “What Ifs”

We don’t sell fear, we sell peace of mind. 

At Arlene Financial, we’re licensed advisors under the WFG (World Financial Group) umbrella, which means we have access to Canada’s top Critical Illness and Life Insurance products. But more importantly, we take the time to understand your family, your goals, and your budget.

Because real protection isn’t just about numbers. It’s about heart.

Final Thoughts

You plan for vacations. For holidays. For retirement. But when it comes to health, most people avoid the conversation, until it’s too late.

Don’t wait until the diagnosis to ask, “How will we pay for this?”

Let’s have the conversation now.

Book a Free, No-Pressure Chat

Our consults are always free, and always in your best interest. Reach out today to talk about your options for Critical Illness and Life Insurance with a licensed advisor who truly cares.

Disclaimer:

World Financial Group (WFG) is a financial services marketing company whose affiliates offer a broad array of financial products and services. WFG and its agents do not guarantee financial outcomes. All financial decisions should be based on personal assessment and individual goals. Insurance products are offered through World Financial Group Insurance Agency of Canada Inc. in Canada.