Valley First

Critical Illness Insurance

This insurance is for you if:

  • you want to protect yourself from financial hardship
    if you have a critical illness.
  • you’re a fan of having peace of mind.


Key Features & Benefits

Critical Illness insurance pays a significant lump sum, tax-free benefit to you if you are diagnosed with a condition covered in your policy and survive 30 days after diagnosis. That way, you don’t have to choose between your personal health and your financial wellness. You can use the benefits however you wish:

  • Go out of the country for medical treatment or pay for private nursing
  • Modify your home or move to a home more appropriate for your condition
  • Stay home longer before returning to work
  • Allow a family member to take a leave from work to help you recover
  • Pay off your mortgage and bills, or even retire early


Additional Coverage Options

  • Return of Premium at Surrender will reimburse your premiums if you are not diagnosed with a critical illness after a certain period of time, usually 15 years or at a specified age
  • Return of Premium at Death will refund premiums paid to your estate or named beneficiary if you pass away without becoming eligible for the insurance benefit
  • Children’s Critical Illness riders can provide insurance for all of your children under a certain age with one small additional premium


As a full service insurance broker, Valley First will provide you with the best rates possible for the coverage you need.

General Costs

In general, several things contribute to the cost of disability insurance:

  • The elimination period (length of time between when an injury or illness begins and receiving benefit payments from the insurer)
  • The benefit period
  • Your age
  • Your occupational class
  • The benefit amount

For more information on rates, contact one of our life & disability insurance specialists

Payment Options

Methods of Payment

  • Pay upfront—if you've got the money saved, you can pay the premium in full on the policy effective date.
  • Pay monthly—take advantage of our Smart Pay option so that payments are more bearable.

We accept:

  • Cash
  • Personal Cheques
  • Debit Cards
  • Mastercard®
  • VISA


Need to make a claim?

For help with or to start your insurance claim, please contact one of our insurance specialists.

Ready to get a quote? We provide simple insurance solutions to suit your needs—contact us today!


Contact us online and let us know what insurance coverage you're looking for—we'd be happy to provide you with a quote.

In Person

If you're more comfortable coming in to see us, we'd be happy to give you a quote in person and chat about your insurance needs.

By Phone

If you’d like to call us, one of our life & disability specialists will be happy to help you.