Our Personal Insurance Solutions provide policyholders with access to coverage in the event of a life-changing event. Protection offers flexibility and security for clients when they need it most.
Critical illness insurance is a type of coverage designed to provide financial support when you need it most.
If you're diagnosed with a severe health condition like cancer or experience a heart attack or stroke, this insurance offers a lump-sum payment to help cover medical expenses, ongoing bills, and lifestyle adjustments.
Critical illness insurance gives you the flexibility to use the funds however you choose.
You and your family can focus on recovery without the added stress of financial strain.
Protect your future by preparing for the unexpected with critical illness insurance from Stasis.
Disability insurance is essential for anyone who wants to protect their income and financial stability in case of unexpected illness or injury that prevents them from working.
Our innovative long-term disability insurance is specifically designed for high net worth individuals, providing for substantial coverage to pay for everyday expenses like mortgage or rent, utilities, groceries, and medical bills.
Benefit from high coverage limits tailored to your income level, ensuring your lifestyle is protected.
Premiums are custodied and managed by CIBC and BNY Pershing in a separate account structure, which is legally segregated from the general operating funds of Stasis Insurance.
Enjoy worldwide coverage, providing financial security no matter where life takes you.
An optional death payout rider provides a lump-sum payout upon death of the insured.
Over 19 million new cancer cases were diagnosed worldwide in 2020, with an estimated 10 million deaths occurring due to cancer in the same year.
Cancer is the most common cause of critical illness insurance claims worldwide, accounting for about 60-70% of all claims. Breast cancer, prostate cancer, and colorectal cancer are among the most frequently claimed cancers.
Approximately 12.2 million people suffer a stroke annually worldwide, with 6.5 million deaths resulting from strokes each year.
Strokes account for around 10-15% of critical illness insurance claims. This reflects the significant impact strokes have on individuals' health and their ability to work.
These diseases, including conditions like chronic obstructive pulmonary disease (COPD) and asthma, affect around 544 million people globally, causing 3.23 million deaths annually.
Cardiovascular diseases are the leading cause of death globally, accounting for nearly 18 million deaths each year, which is about 32% of all global deaths.
Heart-related conditions, including heart attacks and coronary artery bypass surgery, make up approximately 15-20% of critical illness insurance claims globally.
These diseases, including conditions like chronic obstructive pulmonary disease (COPD) and asthma, affect around 544 million people globally, causing 3.23 million deaths annually.
Insurers typically pay out 90-95% of all critical illness claims, indicating a high rate of approval when policyholders meet the claim criteria.
Claims related to business interruption due to natural disasters, fires, or pandemics have risen sharply, accounting for around 10-15% of claims in recent years.
78% of employees say that a comprehensive benefits package is a key factor when deciding whether to accept or remain in a job, and companies offering robust employee benefits experience 19% lower turnover rates, showcasing the impact on retention and job satisfaction.
