Group life insurance
Group life insurance as part of a benefit plan allows our
clients to provide their plan members with the peace of mind
knowing that their family and financial obligations will be met in
the event of the unforeseen.
By offering employer-sponsored life insurance as part of a group
benefit plan and providing plan members with access to additional
life insurance, our clients can help ensure that their
employees hold the right amount of Life Insurance to meet their
specific and unique financial obligations.
Accidental Death and Dismemberment (AD&D) Insurance
Most Canadians are not prepared for the financial devastation
that can accompany an unforeseen accident. By providing your plan
members with AD&D coverage you can help protect them and their
loved ones against the impact of a covered accident. AD&D
benefits can also include bereavement, child and funeral expense
benefits that are specifically designed to help your plan members'
loved ones in the event of a fatal accident.
Group critical illness through Equitable Life
Being diagnosed and surviving a
serious illness can often be only the beginning of very serious
challenges for plan members. Significant expenses such as special
medications or alternative treatments that may not be covered by
regular health insurance benefits can cause plan members to be more
worried about expenses and obstacles instead of their return to
health and work.
That is why
Equitable Life of Canada has partnered with ACE INA Life Insurance
to offer our groups the chance to provide their employees with
group critical illness insurance.
Group critical illness will raise
employee satisfaction, resulting in improved productivity and
employee retention. In the event of a claim, this coverage allows
the employee to focus onrecovery by providing a lump sum, tax-free
benefit that is on top of any benefits paid through the overall
Equitable Life group benefits plan.
Group critical illness is not offset
against other benefits and can help protect recovering plan members
and their families from having to ask themselves what
now? It can also protect their employer's bottom
line by potentially facilitating a quicker return to
insurance through Equitable Life is underwritten by ACE INA
Life Insurance (ACE