Accidental dismemberment or loss of use

Features

Issue ages (age nearest)

• 0 to 60 years

Amount of insurance

• Minimum: $20,000
• Maximum*: the lesser of:
  • $500,000
  • 200% of the total amount covering the insured

* For face amount < than $50,000, the maximum is $100,000

Premium

• Fixed and guaranteed
• Until the termination of the main coverage without exceeding the insured’s 70th birthday.

End of coverage

The earliest of:

• the insured turns 70
• the death of the insured
• the date the coverage is converted into a reduced paid-up insurance (reduced coverage amount) or prolonged paid-up insurance (reduced payment period)
• the date the main coverage on the contract is terminated

Characteristics

• The benefit may be doubled in certain circumstances (e.g. accident aboard public transportation).
• The benefit will be payable for each fracture or complete severance, provided that the fractures are due to separate accidents.

Examples

1. Whole Life Guaranteed 20 Pay: $10,000
   • ADis available: $100,000
   • Since the insurance amount is under $ 50,000, you can offer a maximum of $100,000 in this case, rather than 200% of the insurance amount in other cases.
2. Whole Life Guaranteed 20 Pay: $10,000
   • Term 20: $100,000
   • On the same insured.
   • ADis available: between $20,000 and $220,000.
   • You can offer between $20,000 and $220,000 in ADis coverage because the total amount of insurance is $110,000 ($10,000 + $100,000); 200% of $110,000 equals $220,000.
3. Whole Life Guaranteed 20 Pay: $10,000
   • Term 20: $250,000
   • On the same insured.
   • ADis available: between $20,000 and $500,000.
   • You can offer a maximum of $500,000 in ADis coverage because the total amount of insurance is $260,000 ($10,000 + $250,000); and 200% of this amount exceeds $500,000.