Chartered Accountants of Ontario
Manulife Financial
From the Institute Member's Plans Resource Centre New Member
From the Institute Members' Plans Resource Centre New Member Offer


Member and Spouse Personal Accident Insurance

Accidents happen without warning. They can catch us unprepared to cope emotionally and financially. The Institute endorses a Personal Accident Insurance Plan that can help you and your family at a very trying time. Member and Spouse Personal Accident Insurance offers a lump sum benefit payment to help cover the immediate costs of an injury or death due to an accident, and helps you and your family keep control of the situation.

Choose the amount of coverage that meets your needs, from 1 to 20 units of coverage for you and from 1 to 10 units for your spouse. Each unit provides $25,000 of Major Impairment coverage or Accidental Death coverage, for a total of up to $500,000 for you and up to $250,000 for your spouse.

Eligibility
Members and spouses who have or are applying for Term Life Insurance and Members who have or are applying for Income Protection disability insurance are eligible to apply for this coverage up to age 65. Coverage continues for as long as the Term Life or Income Protection coverage is in effect.

See the Personal Accident rates that apply to you, or let us calculate the cost for you.

  • All your premiums waived
    If the premiums for Term Life or Income Protection coverage for you or your Spouse are being waived, premiums for this coverage will also be waived.
  • Coverage that goes where you go
    So long as you remain a member of a participating Institute and maintain
    your eligibility, you can take this coverage with you from one job to the next, anywhere in the world.
  • Receiving benefits
    Benefits will be paid to the insured member, if living. Otherwise, benefits will be paid to the beneficiary appointed by the member. The Accidental Death benefit is payable in the event of accidental death. The Major Impairment Benefit is payable as outlined in the following table of benefits:
Major Impairment Benefit Payable
LOSS OR LOSS OF USE
LUMP SUM BENEFIT
For Loss of Two Hands
100% of The Principal Sum
For Loss of Two Feet
100% of The Principal Sum
For Loss of Sight of Two Eyes
100% of The Principal Sum
For Loss of One Hand and One Foot
100% of The Principal Sum
For Loss of One Hand and Sight of One Eye
100% of The Principal Sum
For Loss of One Foot and Sight of One Eye
100% of The Principal Sum
For Loss of Speech and Hearing
100% of The Principal Sum
For total paralysis of both Upper and Lower Limbs (Quadriplegia)
100% of The Principal Sum
For total paralysis of both Lower Limbs (Paraplegia)
100% of The Principal Sum
For total paralysis of Upper and Lower Limbs of One Side of Body (Hemiplegia)
100% of The Principal Sum
For Loss of One Arm or One Leg
75% of The Principal Sum
For Loss of One Hand or One Foot
50% of The Principal Sum
For Loss of Sight of One Eye
50% of The Principal Sum
For Loss of Speech or Hearing
50% of The Principal Sum
For Loss of Thumb and Index Finger of Same Hand
25% of The Principal Sum
For Loss of Hearing in One Ear
16-2/3% of The Principal Sum
For Loss of Use of Both Arms or Both Hands
100% of The Principal Sum
For Loss of Use of One Arm
75% of The Principal Sum
For Loss of Use of One Hand
50% of The Principal Sum

Accidental Death Benefit Payable
For Loss of Life
100% of The Principal Sum
  • Limitations and exclusions
    A loss is covered only if it is the result of an accident, occurs within 12 months of the accident, and is complete and irreversible. Loss of use is covered only if it has been continuous for 12 months. Claims resulting from self-inflicted injury, active participation in a criminal offence, insurrection, terrorism or war, poisoning, injuries with no visible wound on the exterior of the body (except in the case of drowning or where internal injuries are revealed by an autopsy), or flying (except as a passenger with no flight duties) are not covered.

Have you become a new Institute Member within the last 90 days? If so, you are invited to take advantage of FOUR limited-time insurance plan offers, including an opportunity to enroll to add up to $50,000 of Member Personal Accident Insurance to your Term Life or Income Protection Insurance - with no medical questions!

You can apply online (except for residents of Quebec) or print an application (including residents of Quebec) and mail it to: Manulife Financial, Affinity Markets, P.O. Box 4213, Station A, Toronto, Ontario, M5W 5M3.

If you have questions or feedback about our coverage, click here to contact us online, telephone us toll-free at 1 866 219-4245 Monday through Friday from 8 a.m. to 8 p.m. ET, or e-mail us at am_service@manulife.com any time.
 
The CA Select Insurance Plans sponsored by the Institute of Chartered Accountants of Ontario
(The Institute) are underwritten by The Manufacturers Life Insurance Company (Manulife Financial).
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