What is Accidental Death & Dismemberment Insurance?

 

Accidental Death & Dismemberment Insurance will provide a benefit payment of up to $500,000 if your death is accidental.

But perhaps even more important than death benefits, Accidental Death & Dismemberment Insurance will provide you with financial assistance should you survive a serious accident. There are many expenses associated with a permanent disability that are not covered by health insurance. Home renovations, special equipment or transportation requirements, or even retraining are often necessary. Benefits from accident insurance mean that your full and productive life can continue, even after a serious injury. And, with low premium rates that do not increase as you age, you can have this extra protection for only pennies a day.

Schedule of losses

If injury results in any of the following losses, within 365 days of the date of the accident causing such injury, the Company will pay for the loss or permanent and total loss of use of:

 % of Benefit
Life100%
Both Hands, Both Feet or the Entire Sight of Both Eyes100%
One Hand and One Foot100%
One Hand or Foot and the Entire Sight of One Eye100%
Speech and Hearing in Both Ears100%
One Arm or One Leg75%
One Hand, One Foot or the Entire Sight of One Eye66 2/3%
Speech or Hearing in Both Ears66 2/3%
Thumb and Index Finger of Either Hand33 1/3%
Four fingers of either hand33 1/3%
Hearing in One Ear33 1/3%
All toes of one foot25%
Quadriplegia (Complete paralysis of both
upper and lower limbs)
200%
Paraplegia (Complete paralysis of both lower limbs)200%
Hemiplegia (Complete paralysis of upper
and lower limbs of one side of body)
200%

You can be covered for a maximum of $500,000 in the event of an accidental death.

Your Group Plan Also Offers These Additional Benefits:

Child Enhancement Benefit 
If you have chosen the Member and Family Plan, all amounts provided under the AD&D Loss Schedule with the exception of loss of life, are doubled with respect to insured Dependent Children, subject to a maximum of $100,000.

Comatose Benefit
If an Insured Person who sustains an injury is in a coma or comatose
state within 12 months of the accident causing the injury, one percent of the benefit amount will be paid each month to a maximum of $50,000 or 100 consecutive months.

Daycare Benefit
If you die due to an accident, the Company will pay the reasonable and necessary expenses actually incurred for each of your Dependent Children who are enrolled in a legally licensed day care centre, or enrol within 365 days of your death. This benefit is subject to a limit equal to the lesser of 5% of your AD&D Insurance or $5,000 per year, for up to 4 consecutive years, for each Dependent Child.

Dread Disease Benefit
The Company will pay the reasonable and customary expenses actually incurred when an insured person is confined in a hospital or the services of a nurse are required as a result of suffering poliomyelitis, scarlet fever, diphtheria, spinal meningitis, encephalitis, rabies, tetanus, tularemia, typhoid or leukemia which commences while the AD&D coverage is in force. Expense must be incurred within 3 years of the first expense and the Company’s payment will not exceed a maximum of $3,000. If an insured person becomes afflicted with mononucleosis which is diagnosed by a physician and commences while AD&D coverage is in force, the Company will pay $100.

Education Benefit
If you die due to an accidental injury, the Company will pay the reasonable and necessary expenses actually incurred for each of your Dependent Children who are enrolled as full-time students in a school for higher learning above the secondary school level at the date of your death. A Dependent Child who is at the secondary school level on the date of your death, will be covered under this benefit provided he/she enrolls within 365 days of your accidental death, in a school for higher learning on a full-time basis. This benefit is subject to a limit equal to the lesser of 5% of your AD&D Insurance or $10,000 per year, for up to 4 consecutive years, for each Dependent Child.

Extended Family Benefit
If a Member’s Spouse and Dependent Children are insured under the Member and Family plan at the date of the Member’s death due to injury for which an AD&D benefit is payable, the AD&D insurance may be continued for the Spouse and Dependent Children for a period of 6 months with no further payment of premium.

Family Transportation Benefit 
If injury results in confinement as an inpatient in a hospital, and such injury results in a loss being payable under the AD&D coverage, and the hospital is located at least 150 km from the insured person’s residence, the Company will pay the expenses actually incurred by a member of the immediate family for hotel accommodation and transportation by the most direct route to the confined insured person. 

If transportation occurs in a vehicle or device other than one operated under license for the conveyance of passengers for hire, then reimbursement or transportation expenses will be limited to a maximum of $0.35 per kilometre travelled.

The maximum amount payable under this benefit is $15,000.

Home Alteration and Vehicle Modification Benefit
If, as a result of injury while insured under AD&D Insurance, you, your Spouse or your Dependent Children lose or lose the use of both feet or both legs, or become paralyzed under the terms of the contract, and require a wheelchair to be ambulatory, the Company will pay the reasonable and necessary expenses incurred within 3 years of the accident, for the alteration of your home and/or modification of your motor vehicle for wheelchair accessibility, subject to a maximum amount of $15,000.

Hospital Indemnity Expense
A daily benefit of one-thirtienth of one percent of the insured person’s benefit amount, subject to a monthly maximum of $2,500 will be payable when an insured person is in a hospital, if such period of hospitalization is necessary for the treatment of an injury which results in a loss payable under the Accidental Death & Dismemberment coverage and begins while insurance is in force. The benefit will be paid for a maximum of 12 months.

A period of hospitalization which becomes necessary for the treatment of any injury other than for a loss payable under the Accidental Death & Dismemberment coverage as stated above and the benefit will be paid from the first day of hospitalization of at least a four day period of hospitalization.

Rehabilitation Benefit
If an injury due to an accident requires that you undergo special training to engage in an occupation in which you would not have engaged except for such injury, the Company will pay the reasonable and necessary expenses incurred for such training, within 3 years of the accident, up to a maximum amount of $15,000.

Repatriation Benefit
If you or your insured dependents die due to an accident and an AD&D benefit is payable, the Company will pay the actual expense incurred for the transportation of the body back to the city of residence, including the preparation of the body for such transportation, subject to a maximum amount of $15,000.

Seat Belt Benefit
If, as a result of a vehicular accident, injury results in a loss payable under the AD&D Loss Schedule, the Insured Person’s amount will be increased by 10% if, at the time of the accident, the Insured Person was driving or riding in a vehicle and wearing a properly fastened seat belt. The driver of the vehicle must hold a current and valid driver’s licence and neither be intoxicated nor under the influence of drugs at the time of the accident. Proof of seat belt use must be provided as part of the written proof of loss.

Spousal Retraining Benefit
If an Insured Member dies as a result of an accidental injury, the Company will pay the Spouse for the reasonable and necessary education expenses actually incurred within 3 years from the date of the Member’s death, and subject to a maximum amount of $15,000, for retraining or to upgrade skills to obtain better employment opportunities.

You can be covered for a maximum of $500,000 in the event of an accidental death.

Accidental Death & Dismemberment Insurance

Monthly Premium Rate per $50,000 Unit

Member Only Plan*Member and Family Plan**
$1.00$2.00

Important information about your premium rates and coverage amounts:

*You can apply for up to $500,000 of coverage for yourself. The value of insurance reduces on the April 1st coincident with or following your 70th birthday, to the lesser of 50% of the pre-reduction volume, or $100,000.

** If you choose the Member and Family Plan, your spouse and children are covered for a percentage of your benefit amount as follows:

Eligible Family Members% of Member's Benefit Applicable
Spouse only100%
Spouse and Dependent ChildrenSpouse - 100%; each Dependent Child - 10%
Dependent Children only (no Spouse)Each Dependent Child - 10%

 

You can apply for up to $500,000 of Accidental Death and Dismemberment Insurance under the ATA Group Insurance Plan:

 

Apply by Mail

Download and print a paper application. Complete the form and send to:

Special Markets Solutions 
iA Financial Group
400 - 988 Broadway W., PO Box 5900 
Vancouver, BC V6B 5H6

 

 

Questions? We're here to help.
Call 1 (800) 266-5667 or email solutions@ia.ca