Exceptional Value Coverage*All Hbc Customers who apply for coverage will be accepted—regardless of health. No physical examination is necessary and there are no health questions to answer.
Additional CoverageIf you are age 18 to 64, you may also enroll for Additional Coverage at affordable group rates. Your spouse and any eligible dependent children under age 19 (23 if a full-time student in an accredited institution of higher education) are eligible to enroll for the Additional Coverage under the Family Plan.
BenefitsThe amount of insurance paid to your beneficiary depends on your age at the time of the accident causing your death. The full face amount of your $10,000 Certificate and your optional Additional Coverage will be paid if you are under age 65, 75% of the face amount if you are from age 65 through 74, 50% from age 75 through 79, and 25% from age 80 through 64. Coverage terminates on the premium due date after you attain age 85.
Inflation (Accumulation) BenefitFor every two years the Additional Coverage remains continuously in force, the benefit automatically increases 5%. The 5% increase will continue up to 10 years. The maximum benefit payable is 25% of the amount of coverage in force.
Family PlanIf you select the Family Plan, your spouse will be insured for 90% of the amount of the Additional Coverage you select and each eligible dependent child will be insured for 10% of that amount. If you have no spouse, your eligible dependent children will be insured for 15% of the Additional Coverage amount. If you have no eligible dependent children, your spouse’s coverage will be equal to 100% of your coverage.
Education BenefitThe Family Plan benefit provides 2% of the Customer's amount of coverage for each eligible dependent child for each uncompleted year of education in an institution of higher learning, at the time of the accident causing the injury, up to $5,000 per year for up to 4 years. If no children qualify the Customer's death benefit is increased by 2%.
Renewal of CoverageYour $10,000 of Accidental Death non-renewable insurance coverage will remain in effect for one full year as long as the Group Master Policy remains in effect. The Additional Coverage you select is renewable to age 85. Coverage cannot be cancelled as long as your premiums are paid when due and the Group Master Policy remains in effect. Dependents are covered for as long as they remain eligible.
Coverage ActivationTo enroll in the $10,000 of Accidental Death Insurance coverage for $5, just click on the ‘Enroll’ button and complete the online enrollment form. The $5 premium will be automatically processed through your selected/preferred billing method. For Additional Coverage select the amount you wish. If you want to protect your spouse and/or children, be sure to check the Family Plan. If you select Additional Coverage, premiums will be automatically processed monthly through your selected/preferred billing method. Your insurance will become effective on the Effective Date as stated on the Certificate of Insurance, provided the first premium is paid.
Right to ExamineYou may review your Certificate of Insurance for 30 days and, if not satisfied, please call
1-888-305-3755 (offer code 0648D) to receive a full refund.
If you have any questions, call toll free 1 888 305-5255 (offer code 0648D), 8 a.m. - 7 p.m. (EST) Monday-Friday.
* Exceptional Value Accidental Death Plan is underwritten by Canadian Premier Life Insurance Company, Toronto, Ontario. Some exclusions apply. Limited benefits within first two years.
Coverage is subject to the terms, conditions and restrictions as detailed in your Certificate of Insurance. For more information please call 1-888-305-3755 (offer code 0648D) (Mon. - Fri. 8 a.m. - 7 p.m. EST.) or email email@example.com.
**Provincial sale tax will be added if applicable.
Canadian Premier Life is authorized by the Office of the Superintendent of Financial Institutions to carry on business under the Insurance Companies Act with respect to the classes of insurance for life, accident and sickness.