Are You a Gambler?

Are You a Gambler?

Even if you’re not, would you ever roll a die if landing on a 1 or a 6 meant losing your income, your home, your car—even your family’s financial stability?

Of course not. The risk is too high, and the loss is too great.

And yet, many of us unconsciously take that risk every day without realizing it.

The chance of suffering a life-altering illness—like cancer, a heart attack, or a stroke—before age 65 is about 1 in 3. That’s like rolling a 1 or a 6 on a die every single day and hoping your number doesn’t come up.

So the real question is: What small step can you take now to remove that risk?

What Critical Illness Insurance Does

Critical Illness Insurance is a way to plan ahead while you’re healthy—so you’re not scrambling financially if life throws you a curveball. It provides a one-time, tax-free lump sum payment if you’re diagnosed with and survive one of the covered critical illnesses, as defined in your policy.

This money is paid directly to you—not to your doctor, not to your hospital, and not to a creditor. You can use it for anything:

• Covering lost income
• Paying for travel to and from treatments
• Hiring home care or help with daily living
• Topping up gaps in your health or disability insurance
• Protecting your retirement savings from unexpected withdrawals

The goal? To help you focus on your health—not your bank account—if you’re ever seriously ill.

This benefit helps you recover on your own time, without financial worries. Use it to:

• Cover lost income
• Pay off your mortgage
• Hire in-home care or seek treatment anywhere in the world
• Keep your business running
• Or simply give your family the breathing room they need

What If You Never Need It?

And in the best-case scenario—if you stay healthy and never need to use your policy—you can get all your money back. Some policies offer a full return of premium, which means your protection comes with built-in peace of mind.

Most people insure themselves for an amount equal to 3–5 times their gross income, sometimes adding their mortgage balance into the equation. What number would make the most sense for you?

Special Offer Until June 30, 2025

Until June 30, Sun Life is offering special discounts on new Critical Illness Insurance policies:

• Buy for yourself: receive a 3-month premium discount
• Buy for your child: receive a 6-month premium discount
• Buy both: receive a 3-month discount on your coverage and a 6-month discount on your child’s

Wouldn’t it feel good to know you took a step—however small—to protect your income, your family, or your business?

If you knew you could do something like this to protect your income, your family, or your business—when would you want to know? Before or after something happens? If you’d like to see what this could look like for your situation—even if you couldn’t take advantage of it today—let’s connect.

Andy Kovacs helps business owners and families achieve financial security. Featured in The Globe and Mail, Cottage Life Magazine, CTV, and Radio 640 Toronto, his expertise stands out. He believes offence makes the highlight reel, but defence wins championships—ensuring you’re ready for life’s financial moments of truth.

He is also President of Moments of Truth Insurance Services, a Sun Life advisor, and proud sponsor of the Markham Board of Trade’s Breakfast Networking Series. 

🌐 www.sunlife.ca/andy.kovacs ☎️: (289)-818-1741 📧: andy.kovacs@sunlife.com  
Andy Kovacs
President, Moments of Truth Insurance Services | Sun Life