• When life brings you Great Pain. Be by your child's side.
  • Premium refund benefits every 15 years. Ideal for investing in an RESP!
  • Do you need treatment outside of Canada?

Critical Illness Coverage

When an illness strikes, it affects the whole family.

Children360 basic coverage consists of either:


1. Critical Illness Coverage

When your child is diagnosed with any one of the covered critical illnesses , the Insurer will pay the Critical Illness benefit less any partial critical illness benefits that have already been paid.

Conditions for payment

  • the critical illness meets the definition of a Covered Critical Illness, subject to all its limitations and exclusions;
  • the critical illness does not occur during the moratorium period of the Covered Critical Illness;
  • the disclosure obligation of the Covered Critical Illness has been met;
  • the diagnosis of the Covered Critical Illness has been made by a Specialist;
  • the Person Insured is alive after the survival period of thirty (30) days.

 

2. Critical Illness Coverage or Life Insurance (Payable at 1st event)

Two insurances in one package

While the coverage is in effect, the Insurer will pay, one of the following two (2) benefits:

Critical Illness Insurance

In the event of your child's diagnosis of a covered critical illness, the Insurer will pay the critical illness benefit shown in the Schedule of Benefits, net of any paid Partial Payout Critical Illness benefit.

Conditions for payment

  • the critical illness meets the policy definition of a covered critical illness, subject to all its limitations and exclusions;
  • the critical illness does not occur during the moratorium period of the covered critical illness, where applicable;
  • the disclosure obligation of the covered critical illness, as specified in the policy,  has been met;
  • the diagnosis of the covered critical illness has been made by a Specialist;

Life Insurance

In the event of your child’s death, the Insurer will pay the death benefit indicated in the Schedule of Benefits, net of any paid Partial Payout Critical Illness benefit.