Coping with a serious illness is one of the greatest challenges any family can face. Purchasing coverage for your dependent children gives you peace of mind, knowing that you will have some extra financial resources to help your entire family through a difficult time.
You can apply for up to $10,000 in coverage for your children. Children will be protected for the same 25 illnesses as adults plus the following 6 child-specific conditions:
- Cerebral Palsy
- Down’s Syndrome
- Congenital Heart Disease
- Muscular Dystrophy
- Cystic Fibrosis
- Type 1 Diabetes
Click here to see full definitions of these illnesses.
All your children are protected for one low premium rate, and children born after your initial purchase are covered without the need for medical underwriting if you apply within 90 days of their birth. In order to cover your children under this plan you must also be insured for Critical Illness Insurance.
Consultel ® confidential psychological assistance service
When a serious illness strikes, the financial protection provided by your insurance coverage is essential. But quite often, that is not enough — there is also an emotional component that must be addressed. Your Critical Illness Insurance coverage includes access to professional counseling to help you focus on your recovery.
Telephone counseling is available, at no extra cost to you, as soon as a claim has been filed.
In order to purchase Dependent Critical Illness Insurance for your children under the Alumni Association of Lakehead University Insurance program, you must already be insured for, or applying for Critical Illness Insurance. If both you and your spouse are eligible members of this group, only one of you can apply to cover your children.
If you don't have Critical Illness Insurance, you can apply online, or fill out the application form.
One low premium covers all your children.
NOTE: In order to purchase Critical Illness Insurance for your children under the Alumni Association of Lakehead University Insurance program you must already be insured for, or applying for, Critical Illness Insurance. If both you and your spouse are members, only one of you can apply to cover your children.
Dependent Children Critical Illness Insurance
Plus applicable taxes.
Important information about your premium rates and coverage amounts:
- One low premium covers all of your eligible dependent children. You can choose to purchase up to $10,000 in coverage. All children must be covered for the same amount of Critical Illness Insurance.
If you are applying for Dependent Children Critical Illness Insurance, please complete the following:
NOTE: In order to purchase Critical Illness Insurance for your children under the Alumni Association of Lakehead University Insurance program, you must already be insured for, or applying for, Critical Illness Insurance. If both you and your spouse are members, only one of you can apply to cover your children.
1. Do premiums stay the same?
Yes. Premiums do not increase as your child grows older.
2. How do I add a newborn child to my existing coverage?
If you apply for your newborn child within 90 days of their birth, no medical underwriting is required.
Please complete the Request to Add a Child to Your Existing Plan (PDF) and send to:
Special Markets Solutions
iA Financial Group
2165 Broadway W.
PO Box 5900
Vancouver BC, V6B 5H6
Or contact us at 1 (800) 266-5667.
3. What is the definition of “Dependent Child”?
“Dependent child” means any natural child, step-child or legally adopted child to whom you are providing full parental support and who is:
- Unmarried and less than 21 years of age.
- Unmarried, between 21 and 25 years of age and in full time attendance at a recognized school, college or university.
4. When does my child’s coverage terminate?
The earliest of the following dates:
- The date your coverage ceases for any reason.
- The date they no longer qualify as a dependent child.
- The date the benefit is paid.
5. Who will receive the benefit payment if my child is diagnosed with one of the covered conditions?
Benefit payments for your children will be paid to you.