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Accidental Death
and Loss of Use Insurance
Tragic accidents can
happen anywhere and at any time - in the workplace, while you're
traveling, or even in your own home. Accidental
Death Insurance is a simple and affordable way to help
protect your family.
Loss
of Use Insurance helps when life insurance doesn't. Life
insurance doesn't pay a benefit when an accident leads to injuries
like loss of sight, loss of limbs, loss of hearing, or broken bones.
Accidental Death
Insurance
Accidental Death
Insurance pays the full amount of the policy proceeds to the
designated beneficiaries if the Insured dies as a result of drowning
or injuries caused by an accident (not due to an illness). There are
no medical questions or physical examination required to obtain
coverage because this plan covers accidents only.
Amount
of insurance offered
▶ 16 to 69 years
of age - from $25,000 to $500,000 (in $25,000 increments)
▶ 70 to 79
years of age - $25,000
The amount insured is
reduced to $25,000 when the Primary Insured reaches 70 years of age.
Eligibility
The Insured must meet the
following eligibility criteria:
a) He/she must be between
16 an 79 years of age inclusive when the application is signed.
b) He/she may not
confined in a hospital or waiting to be hospitalized
c) He/she may not have or
have had cancer, AIDS or any form of pre-AIDS and must complete the
declarations in the application form.
Rates
|
Coverage |
$100,000 |
$200,000 |
$300,000 |
$400,000 |
$500,000 |
|
Monthly
Premium |
$9.00 |
$18.00 |
$27.00 |
$36.00 |
$45.00 |
Exclusions
No benefit are payable if
death resulted directly or indirectly from any of the following
causes:
a) Any accident sustained
by the Insured while participating in a sport for remuneration
or in ay kind of motor vehicle competition, race or speed
contest.
b) Suicide, attempted
suicide or intentional self-injury, regardless of the
Insured's state of mind
c) The Insured's active
participation in a public confrontation, riot, insurrection, war or
act of war (declared or not) or any other warlike act.
d) The Insured's
operation of motor vehicle or a boat with an alcohol level exceeding
80 mg per 100 ml of blood or under influence of any drug.
e) The Insured's
participation in a flight or a flight attempt in any aircraft
in any capacity other than that of a passenger.
f) Voluntary or
involuntary inhalation of gas or ingestion of poison or drugs.
Loss of Use
Insurance
This plan provides
compensation in the case of accidental loss of sight, hearing,
speech or loss of limbs.
Amount
of insurance offered
▶ 16 to 64 years
of age - from $25,000 to $500,000 (in $25,000 increments)
Benefit Table
|
Loss |
% of Amount Insured |
Limitations |
|
Sight of
both eyes |
100% |
The
maximum amount payable in one or more installments
for all losses subsequent amputation of the
thumb or fingers may not exceed 50% of the amount
issued you have selected.
The
maximum amount payable in one or more installments
for all losses over a period of 365 days
stemming from any one accident may not exceed 100%
of the amount issued you have selected. |
|
Both
hands or both feet |
100% |
|
One hand
and one foot |
100% |
|
One hand
and sight of one eye |
100% |
|
One foot
and sight of one eye |
100% |
|
Hearing
and speech |
100% |
|
One arm
and one leg |
75% |
|
One hand
and one foot |
50% |
|
Sight of
one sight or hearing or speech |
50% |
|
Thumb |
25% |
|
Finger
other than the thumb |
6.25% |
Eligibility
The Insured must meet the
following eligibility criteria:
a) He/she must be between
16 an 64 years of age inclusive when the application is signed.
b) He/she may not
confined in a hospital or waiting to be hospitalized
c) He/she may not have or
have had cancer, AIDS or any form of pre-AIDS and must complete the
declarations in the application form.
Rates
|
Coverage |
$100,000 |
$200,000 |
$300,000 |
$400,000 |
$500,000 |
|
Monthly
Premium |
$2.16 |
$4.32 |
$6.48 |
$8.64 |
$10.80 |
Exclusions
No benefit are payable if
death resulted directly or indirectly from any of the following
causes:
a) Any accident
sustained by the Insured while participating in a sport for
remuneration or in ay kind of motor vehicle competition,
race or speed contest.
b) Suicide, attempted
suicide or intentional self-injury, regardless of the
Insured's state of mind
c) The Insured's
active participation in a public confrontation, riot,
insurrection, war or act of war (declared or not) or any other
warlike act.
d) The Insured's
operation of motor vehicle or a boat with an alcohol level
exceeding 80 mg per 100 ml of blood or under influence of any
drug.
e) The Insured's
participation in a flight or a flight attempt in any
aircraft in any capacity other than that of a passenger.
f) Voluntary or
involuntary inhalation of gas or ingestion of poison or drugs.
End of
Coverage
This coverage ends on the
contract anniversary coinciding or following the Insured's 70th
birthday.
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Call at
416-493-0101 or 1-877-443-0101 for more information and
purchase the policy or |
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