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Emergency funds if you become seriously ill

Affordable critical illness insurance to help you live well today.

What is critical illness insurance?

It's easy to think it'll never happen to you. But every week, thousands of Canadians experience a medical event that changes the course of their lives.

Critical illness insurance may provide a lump-sum payment if you are diagnosed with a serious illness that is covered in the policy. You may choose to use the benefit to:

  • Cover immediate living expenses
  • Replace lost income
  • Pay for medical treatments or other expenses related to your recovery

Critical illness insurance let's you focus on recovery instead of worrying about finances.

More affordable than you might think

Foresters offers two critical illness insurance plans - Live Well1 and Live Well Plus1

Both plans are designed with affordability in mind. There is no annual policy fee. This can add up to significant savings over time

Features and benefits

Live Well and Live Well Plus give you the flexibility to choose the term that best suits your needs and budget — 10 years, 20 years or up to age 80.

Our critical illness insurance comes with valuable built-in features for no additional premium including:

  • Non-Life-Threatening Illness Benefit: Receive 15% of your benefit, up to $50,000, in the event of a non-life-threatening illness.
  • Return of Premium at Death: Premiums will be refunded if the insured dies without receiving a benefit.

Exchange privilege

Live Well Term 10 or Live Well Term 20 may be exchanged for Live Well Term to Age 80 during the exchange period.  Live Well Plus Term 10 or Live Well Plus Term 20 may be exchanged for Live Well Plus Term to Age 80 during the exchange period.

Teladoc Medical Experts

You and your family may be eligible to access Teladoc Medical Experts2 for no additional premium. This program provides an personalized advice and recommendations on medical issues from leading experts.


Return of Premium on Surrender or Expiry

You may surrender the policy and receive a portion of premiums paid as defined in the policy. If you have not made a claim at policy expiry, you may receive a return of premiums equalling the period from the rider date to the policy expiry date minus any payments made for the Juvenile Critical Illness Insurance Rider if applicable.

Juvenile Critical Illness Insurance Rider

This rider provides critical illness coverage to children up to age 17. Defined covered conditions are:

The rider is convertible without evidence of insurability to any critical illness product offered by Foresters at that time for conversion. The rider may be converted after the insured child’s 18th birthday, but no later than the insured child’s 25th birthday

Disability Waiver of Premium

If you have been continuously totally disabled for at least six months, we may waive the monthly premiums while you are disabled. While the policy is in force, the rider will remain in effect until the 65th birthday of the insured.

Defined covered conditions

Live Well

Live Well Plus

All Live Well covered conditions, plus:

412598 CAN (10/22)
1Underwritten by Foresters Life Insurance Company.
2 Teladoc Medical Experts is provided solely by Teladoc Health, Inc., subject to eligibility requirements and limitations and may be changed or cancelled at any time without notice. This benefit is not part of the policy.