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Child Critical Illness Insurance in Ontario

Child Critical Illness Mississauga and Brampton

Ensuring the well-being of every family member is of utmost importance, especially when it comes to your children. At DFSIN Toronto West (Desjardins Financial Security Independent Network), we specialize in providing critical illness insurance for children in Ontario, complementing our comprehensive coverage for adults and the elderly.

Our child critical illness insurance is designed to offer financial stability to your family and child in the event of a life-threatening illness diagnosis. It provides a one-time, lump-sum payment upon the diagnosis of any of the 29 covered illnesses, including conditions such as cancer and multiple sclerosis.

Other illnesses and diseases on the list include childhood diseases and chronic illnesses such as:

  • Autism Spectrum Disorder
  • Cystic Fibrosis
  • Cardiovascular Illnesses
  • Vital Organ Failure
  • Neurological Illnesses
  • Accident & Functional Loss (blindness, coma, deafness, brain injury, etc.)
  • Aortic Surgery
  • Coronary Artery Bypass Surgery
  • Bacterial Meningitis
  • Motor Neuron Disease
  • Parkinson’s Disease
  • Aplastic Anemia
  • Occupational HIV Infection

The critical illness insurance for children available from DFSIN Toronto West also offers an advance for less severe diagnoses and treatments, such as minor cancers and cancer-related surgeries and minor cardiovascular conditions and procedures.


We’d love to talk to you about how critical illness insurance can help you.


How Does Child Critical Illness Insurance Work?

Child critical illness insurance functions much the same as any other insurance type in the sense that once your child is diagnosed with one of the critical illnesses or childhood diseases we cover, you’ll receive a lump sum financial payout. This money can then be used to help cover additional care costs, like hiring an in-home care assistant, doctor co-pays, costs for medication, and other healthcare-related items.

Additional Benefits of Child Critical Illness Insurance

With child critical illness insurance, you’ll be able to shoulder the burden of paying for a range of medical expenses. For example, dealing with diabetes can cost families up to $1,500 a year in extra medical equipment and doctor visits; that money adds up. Child critical illness insurance also enables you or your partner to take the necessary time off work to care for your child.

With critical illness insurance, the premiums are low and guaranteed and can continue into adulthood, costing your children much less when they’re older than if they were forced to purchase critical illness insurance as an adult. Lastly, since the benefit is a one-time, lump-sum cash payout, you’re able to use the money as you see fit, meaning it can cover non-medical expenses as well.

Terms & Conditions

Long-Term Care Coverage

  • In the case of loss of independent existence where the insured has reasonable chances of recovery, 15% of the amount of insurance will be paid, up to a maximum of $25,000.
  • If the loss of independent existence ends up being permanent, any advance paid will be deducted from the amount of insurance payable.

Amount of Insurance

Age 0 to 25:

  • Minimum: $10,000
  • Maximum: $1,000,000

Issue age (age at nearest birthday)

  • 0 to 17 years old, with additional disease option.
  • 0 to 25 years old.
  • The contract can be issued as early as 31-days of age.
  • The application can be completed as early as 24 hours after the child’s birth.
  • A declaration of good health will be required for any application submitted before the child reaches 31 days of age.

Why Choose DFSIN Toronto West Financial Centre?

Choosing DFSIN Toronto West (Desjardins Financial Security Independent Network) means gaining the support and stability of a multi-disciplinary team of financial professionals. We have the freedom to select from the best offers in the Ontario market, and we work closely with families, individuals, and small business owners in the Toronto West area to ensure their financial well-being remains secure.

Our independent financial advisors are dedicated to helping you achieve your financial goals at every stage of your life. Let us be your child critical illness insurance provider

Let us be your child critical illness insurance provider in Ontario!

Since 2005, DFSIN Toronto West (Desjardins Financial Security Independent Network) has been a trusted provider of high-quality personal and business insurance and financial services to a diverse clientele in southern Ontario. Our commitment to building lasting relationships with our clients is what sets us apart.

To learn more about how our financial team can help you achieve your goals, contact our life and health insurance advisor online today or call 416-695-1433.

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