Accident, Life and Critical Illness
Group Life Insurance
Group life insurance offers peace of mind to their clients, knowing that their dear ones' monetary obligations will be covered in the event of an unforeseen circumstance. By providing employer-sponsored life insurance as part of the policy, the members have access to supplementary optional employee life insurance benefits. Our clients will make sure their employees have the right amount of life insurance to meet their financial obligations and specific needs.
Accidental Death and Dismemberment (AD&D) Insurance
Many Canadian citizens cannot fathom the idea that an unforeseen circumstance can create financial devastation to themselves and their loved ones. At Equitable Life of Canada, we offer our clients Accidental Death and Dismemberment Insurance (AD&D) to protect your dear ones and yourself in the event of a fatal accident. Specific benefits of the AD&D plan include child and funeral expenses, bereavement and childcare costs designed to support the ones you care about financially if you suffer from a fatal accident.
Group Critical Illness through Equitable Life
Being diagnosed with a severe illness can often cause a financial strain on your family. High medical expenses, including particular medications and alternative treatments, may not be covered in a regular health insurance policy. This will lead to family members stressing about the finances and their return to work.
Equitable Life of Canada has partnered with the Chubb Insurance Company of Canada to offer our clients the chance to provide their employees with a 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 on recovery 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 protects family members from having to ask themselves the most crucial question, "what now?". It can also protect their employers by potentially facilitating a quicker return to their workplace.
Chubb Life Insurance Company of Canada underwrites group Critical Illness insurance through Equitable Life of Canada.