Are Your Children Protected?

Picture posted by http://www.theguardian.com/society/2010/mar/14/nhs-neglect-parents-sick-children

It’s something no parent ever wants to think about; the thought of a critically ill child is unsettling. What’s even more unsettling is when it’s your own child that’s critically ill; then it’s heart-wrenching. There are many parents in Canada who take out a child critical illness rider policy when they take out their life insurance policy, in order to protect their children. Recent statistics state that 33% of Canadians do not have life insurance; which can lead one to assume that 33% of Canadian children are not covered by an insurance policy. What some parents fail to realize is that if their children are not covered by an insurance policy they are placing themselves, and their children, in a position where they are not protected, should the worst happen.

Broker Plus Insurance is proud to offer two unique products available as riders to our Term-Life insurance.

Child Critical Illness Rider:

•    For $60 per year for $10,000 coverage or $120 for $20,000 coverage you  can rest
     assured that your child is protected from 15 defined critical illness conditions.
•    For a complete list of the 15 critical illness conditions; email our sales department by clicking
      the link below.
•    It’s important to note that this type of insurance is suitable for children under 21 years (or 25 if  
     full-time student) at the time of diagnosis; foster children are also excluded from this type of  
     insurance.
•    There is no underwriting required for this policy, but there is a 24-month pre-existing exclusion.    

For Child Protection Benefit:

•    For $60 per year for $10,000 coverage or $120 for $20,000 coverage you can rest 
     assured that your child is protected from 15 defined critical illness conditions.
•    For a complete list of the 15 critical illness conditions; email our sales department by clicking
     the link below.
•    It’s important to note that this type of insurance is suitable for children under 21 years (or 25 if
     full-time student) at the time of diagnosis; foster children are also excluded from this type of
     insurance.
•    As with Child Critical Illness, there is no underwriting required, but there is a 24-month
     pre-existing exclusion. It is important to note that the maximum combined benefit (from all
     @pprove Child Protection Benefits) for each child is $20,000.
•    This benefit provides a conversion option up to 5 times the rider amount after 2 years in force.
•    When the insured parent’s base policy is converted, within the time frames stated in the Rider
     Conversion Option, then a similar rider may be included, at the owner’s request (subject
     to the rules in effect at the time of application for the converted insurance).

If you are concerned about the safety of your children, as a parent should be, dial the number below to speak with one of our sales representatives about how you can help protect our future generations.

To obtain a quote on this product, please click here.
Or call: 1-877-242-8820 and press 3 to speak with an insurance coordinator.