Family Accident Reimbursement Plan

ASBIE Insurance Program 
Family Accident Reimbursement Plan - Voluntary Insurance

 

Our insurance partner, iA Financial Group, is now offering a new comprehensive accident insurance plan
with a critical illness component designed for the whole family.


The Family Accident Reimbursement Plan is ideal for supplementing costs not covered by your provincial
health insurance or existing employer extended health and dental plans. Regardless of the size of your
family, all eligible family members – one adult, one spouse and any number of dependent children – can
be insured under the one low monthly rate of $39.95.


Your coverage also includes a critical illness component, which pays out a lump-sum amount if any of the covered individuals are diagnosed with one of the covered conditions. Plus, the money can be spent however you need. Use it to pay medical expenses, take are of bills or cover income lost due to recovery. That’s one less thing to worry about while you, or someone in your family, recovers from a serious illness.


Key Benefits:
Accident Insurance Benefits
Accident Insurance Benefits are payable if an injury from an accident results in a loss, treatment, or
expenses not covered by any existing health plans. Specific benefits covered include:
 A Permanent Total Disability Benefit of $100,000
 An Accidental Death Benefit of $20,000


Expense Reimbursement Benefits
 Dental Benefits – should any of your children require dental treatment resulting from an
accident, they can receive coverage for dental work done within 7 years after the accident
 Hospital Stay Benefits – covers hospital services (including hospital room and other necessary
hospital services such as a registered nurse, wheelchairs, casts and prescription drugs)
 Funeral Expense Benefit – up to a maximum of $5,000


Critical Illness Insurance Benefits
Critical illness insurance provides a tax-free lump-sum payment to spend any way you need.

  • All insureds are eligible for coverage of 4 critical illness conditions:

    • Cancer (Life-Threatening)

    • Coronary Artery Bypass Surgery

    • Heart Attack

    • Stroke

  • On top of these 4 covered conditions, Dependent Children will also have coverage for 6 childspecific

illnesses:

  • Cerebral Palsy

  • Congenital Heart Disease

  • Cystic Fibrosis

  • Down Syndrome

  • Muscular Dystrophy

  • Type 1 Diabetes

To apply for the Family Accident Reimbursement Plan or to find out more, visit
solutionsinsurance.com/lloydsadd