Accidental Death & Dismemberment

Accidents are often life-changing experiences that can take a severe financial toll. Some Canadians don’t feel the need for accidental injury or death coverage because of the belief that an accident happening to them is very unlikely. But this oversight can be costly.
The accidental death & dismemberment plan has a comprehensive schedule of benefits that ensures your clients can depend on their insurance in the event an accident occurs.

Eligibility

There are only two qualifying criteria to qualify your clients for Specialty Life’s AD&D Plan:
1
Age between 18 and 69 years
2
They have a permanent Canadian address

Your client doesn’t need a medical exam to qualify under this plan. If they meet the above criteria, they are guaranteed coverage. That means your client can be eligible even if:

• Your client has been declined life insurance in the past;
• Your client has health issues that make finding insurance difficult;
• Your client wants to insure himself/herself or a child without subjecting them to a medical exam.

Benefits:

In-Hospital Monthly Benefit

To cover unforeseen expenses if your client is confined to a hospital due to an accident.

Bereavement Benefit

In case of death, this benefit provides the surviving family with grief counselling.

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.

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 for the transportation and repatriation of the insured’s remains should they die away from their home.

Schedule of 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%
Brain death
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%
Quadriplegia
200%
Paraplegia
200%
Hemiplegia
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%

When this Benefit is not Paid

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:

• By Illness;
• Due to suicide or intentional self-injury while sane or insane;
• Through misuse of medication, the abuse of drugs or intoxicants, or death resulting from having a blood alcohol level of 80 milligrams of alcohol to 100 millilitres of blood or more;
• In the act of committing or attempting to commit a criminal offence or while in prison;
• As a result of medical or surgical treatments or complications arising from such things, except when necessary as a result of an injury;
• As a result of participation as a paid professional in sports, or participation in any motorized contest of speed, nor any hazardous activities such as scuba diving, rock climbing, boxing, skydiving/parachuting, hang-gliding, and/or bungee jumping;
• As a result of air travel where the insured acts in a capacity other than as a fare-paying passenger in a commercially-licensed aircraft, or;
• Declared or undeclared war, or any act of war, terrorism, riot or insurrection, or service in the armed forces of any country, government or international organization.

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