Why should you consider critical illness insurance as a part of your financial strategy? 

In this episode, Aaron Buchner tackles the often-overlooked topic of critical illness insurance. He explains why this form of insurance is not just an ‘extra’ but a crucial part of securing your financial future. His discussion explores the impact of unexpected medical expenses, especially for Canadians who believe healthcare is entirely covered.

Aaron discusses: 

• (02:32) Why Canadian healthcare isn’t entirely “free”
• (04:22) What critical illness insurance actually covers
• (08:01) The financial impact of using retirement savings to cover medical expenses
• (09:48) Comparing investing versus insurance costs for peace of mind
• (18:53) Balancing financial planning with current lifestyle needs
• And more

Tune in to find out how planning for the unexpected can keep you on track toward your dream retirement without compromising your enjoyment of the present.

Resources:

• Government of Canada – Canadian Cancer Statistics: A 2024 special report on the economic impact of cancer in Canada

Connect with Aaron Buchner: 

• Weekly email: Your weekly jab
• Website: Prick-Free
• aaron@prickfree.com
• 613-876-9899
• LinkedIn: Aaron Buchner
• Facebook: Aaron – Cactus
• Instagram: @aaron.b.cactus
• Threads: aaron.b.cactus