Life Insurance and Stroke

Life Insurance and Stroke

A stroke is the sudden death of brain cells in a localized area due to inadequate blood flow.A stroke occurs when blood flow is interrupted to part of the brain. Without blood to supply oxygen and nutrients and to remove waste products, brain cells quickly begin to die. Depending on the region of the brain affected, a stroke may cause paralysis, speech impairment, loss of memory and reasoning ability, coma, or death. A stroke also is sometimes called a brain attack or a cerebrovascular accident (CVA).

About 80% of strokes are ischemic caused by the interruption of blood flow to the brain due to a blood clot. About 20% of strokes are hemorrhagic caused by uncontrolled bleeding in the brain. Stroke is the third leading cause of death in Canada. Six percent of all deaths in Canada are due to stroke. Each year, nearly 14,000 Canadians die from stroke. Each year, more women than men die from stroke.


There are over 50,000 strokes in Canada each year. That’s one stroke every 10 minutes. For every 100,000 Canadian children under the age of 19, there are 6.7 strokes. About 300,000 Canadians are living with the effects of stroke.After age 55, the risk of stroke doubles every 10 years. A stroke survivor has a 20% chance of having another stroke within 2 years.

Effects Of every 100 people who have a stroke

  • 15 die (15%)
  • 10 recover completely (10%)
  • 25 recover with a minor      impairment or disability (25%)
  • 40 are left with a moderate      to severe impairment (40%)
  • 10 are so severely disabled      they require long-term care (10%)

For every minute delay in treating a stroke, the average patient loses 1.9 million brain cells, 13.8 billion synapses, and 12 km of axonal fibres. Each hour in which treatment does not occur, the brain loses as many neurons as it does in almost 3.6 years of normal aging.

Costs Stroke costs the Canadian economy $3.6 billion a year in physician services, hospital costs, lost wages, and decreased productivity (2000 statistic).  Canadians spend a total of 3 million days in hospital because of stroke.


Life Insurance is an important cover for the family in case a member of the family suffers from a stroke. There could be severe financial needs which a life insurance policy can help. Stroke survivors could get some life insurance through a non-medical insurance route. Obviously, there could be specific parameters and conditions that need to be met in order to get insurance under this condition.


We at are experts in explaining the the various types of life insurance plans  that could protect the entire family. Please feel free to contact us at or at 1 416 509 2540. Please visit us for a no obligation quote or advice.


What is Non – Medical Life Insurance?

Buying a life insurance policy often comes with quite a bit of paperwork, and one of those forms asks questions about your medical history. You have to fill out these forms if you want to qualify for the life insurance policy. However, some people aren’t going to qualify for these policies because of their medical history or condition, and this can jeopardize their family’s financial security  in the event of their death. It might seem like all hope is lost, but it’s not! You have the option of non medical life insurance that don’t require a medical exam.


Non-Medical, CPP term insurance: a brief

Canadian Protection Plan [CPP] has been offering a wide range of  term life insurance plans since 2006 and these plans have been underwritten by Unity Life.


Term Life Insurance

is an extremely cost effective way to insurance yourself when your temporary ( or time bound) needs for insurance are high. During the years when we are raising our kids, have big loans to pay and also building our assets, term insurance could be a great fit.The cost of insurance ( or the premiums) are constant for the duration of the term. Policies are renewable and convertible.


Permanent Life Insurance

is essentially a coverage that is lifelong. It runs through our life assuring a payout upon death. The cost of insurance can be level or YRT and the payout is tax free. Its main purpose is :


Universal Life Insurance one of the best things that could happen in the world of Life Insurance. UL policy is when a permanent life insurance is merged with the possibility to have several investment options.

Your policy provides a lifelong coverage and at the same time you can save money within the policy to create tax-sheltered savings…

UL Policy ….an excellent way to build wealth that could actually become tax-free for your family. There are several options that could be customised for an individual.


Combining your term and permanent insurance: both are important.

People often wonder what is better, Term or Permanent Insurance. Both have their advantages and disadvantages. However, both have a significant role in our world of protecting our family, assets, incomes, family etc etc. Therefore, it could be a good idea to take a combination of Term and Permanent Insurance. It can be bought together in one policy , thus there could be some savings on policy fees and in premiums. It is a Think Smart approach to buying Life Insurance. ( Read More and watch a video)

Your Insurance Guy

Prepared by:  Aman Kapur

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