Accidents are often life-changing experiences that can affect the financial well-being of Canadians every single day. Adequate protection in the face of accidental injury or death is often overlooked because of the belief that accidents are avoidable or unlikely
Specialty Life's AD&D Plan is affordable at any stage of life, with a comprehensive schedule of benefits that ensures your clients can depend on their insurance in the event an accident befalls them or their family.
There are only two qualifying criteria in order to qualify your clients for Specialty Life's AD&D Plan:
Your client doesn't need a medical exam in order to qualify under this plan. If they meet the above criteria, they are guaranteed coverage. That means your client can qualify even if:
Under all AD&D Plans offered under Specialty Life, your client is entitled to up to a basic benefit in event of accidental death and dismemberment, as well as to the following additional benefits:
In-Hospital Monthly Benefit - To cover unforeseen expenses if your client is confined to a hospital due to an accident.
Rehabilitation Benefit - To provide special training or accommodation should your client require adjustments to their occupation or role at work. Also available as benefits for a surviving spouse should they need to take on new work on behalf of a deceased partner.
Bereavement Benefit - In case of death, this benefit provides surviving family with grief counseling.
Home & Vehicle Modification Benefit - Provides direct benefits to claimants to make necessary changes to their home and auto to accommodate ongoing disabilities, such as paralysis.
Transportation & Repatriation Benefits - A set amount to be provided for the transportation and repatriation of the insured's remains should they die away from their home.
Below is a listing of all covered losses and the benefits entitled to be paid in the event of a claim for these losses.
Schedule of Losses
Percentage of Principal Sum Amount
|Loss of life||100%|
|Loss of entire sight of both eyes||100%|
|Loss of one hand and one foot||100%|
|Loss of use of one hand and one foot||100%|
|Loss of one hand and entire sight of one eye||100%|
|Loss of one foot and entire sight of one eye||100%|
|Loss of speech and hearing in both ears||100%|
|Loss of both arms, both hands, both legs or both feet||200%|
|Loss of use of both arms, both hands, both legs or both feet||200%|
|Loss of one arm or one leg||75%|
|Loss of use of one arm or one leg||75%|
|Loss of one hand or one foot||75%|
|Loss of use of one hand or one foot||75%|
|Loss of entire sight of one eye||75%|
|Loss of speech or hearing in both ears||75%|
|Loss of thumb and index finger of same hand||33%|
|Loss of use of thumb and index finger of same hand||33%|
|Loss of four fingers of same hand||33%|
|Loss of hearing in one ear||33%|
|Loss of all toes of same foot||25%|
The AD&D Plan will not pay benefits should accidental death or injury occur in part caused, directly or indirectly, by any of the below circumstances: