Group critical illness is there to protect employees and their dependents.
Desjardins Insurance‘s Group Critical Illness insurance policies can cover three very different lives:
Coverage amounts for employees can go up to $500,000.
Coverage amounts for spouses can also reach a maximum of $500,000.
Coverage amounts for children and other dependents have a slightly smaller maximum of $25,000.
You can rest assured that there is a conversion option should the insured employee leave the company.
Participation can be mandatory or optional depending on the plan. The policy comes with basic coverage of four illnesses or extended coverage of up to 31 illnesses for adults with a 100-percent payment guarantee. There is also a cancer recurrence clause and other multiple occurrence coverage for non-related illnesses.
For more details on group Critical Illness insurance in Canada, please contact us at 1-866-899-4849 or visit our Group Benefits Online Quote Page.
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