So long as you are eligible to apply, your coverage will begin on the date Manulife Financial receives your completed application and your premium payment, if on that date you are insurable in accordance with our underwriting rules. If, when reviewing your application, we find that you do not qualify for coverage, we will notify you immediately and return your premium payment in full.

No benefit is payable under the CAA Guaranteed Issue Life Insurance Plan in the case of suicide, while sane or insane, within two years of the effective date of the coverage. We will instead return all premiums paid, without interest. If death during the first two years of coverage is due to non-accidental causes (other than suicide), the benefit payable will be equal to all premiums paid plus 10% interest compounded annually.

The Accidental Death benefit is payable for an accidental death due to a bodily injury occurring before age 85. The bodily injury must be caused by external, violent and purely accidental means, and it must be independent of all other causes. The Accidental Death must occur within 365 days of the bodily injury. Accidental Death does not include death which is caused directly or indirectly by one or more of the following causes: sickness, illness or bodily or mental infirmity or disease of any kind; suicide or self-inflicted injury while sane or insane; declared or undeclared war or any act of war, riot or insurrection, or service in the armed forces; any event directly or indirectly related to the ingestion of alcohol by you where the concentration of alcohol in your blood exceeds 80 milligrams of alcohol in 100 milliliters of blood; voluntary ingestion of poison, toxic substances or non-toxic substances or drugs, sedatives or narcotics (whether illicit or prescribed) in such quantity that they become toxic, or voluntary inhalation of a gas; from or while committing or attempting to commit a criminal offence, or committing or provoking an assault; medical or surgical treatment or complications arising therefrom, except when required as a direct result of an accidental bodily injury; participating in a contest of speed, scuba diving, skydiving, parachuting, hang gliding or bungee jumping, or a flight accident except when travelling as a passenger on a commercially licensed airline.