Great-West Life’s Group Critical Illness Policy

Great-West Life offers a group critical illness plan. The plan comes with a minimum of three lives.

The plan features the following perks:

• Basic coverage for employees range from $10,000 to $250,000 and the optional amount ranges from $10,000 to $250,000.
• The coverage amount for spouses is a basic $10,000 with an optional range of $10,000 to $250,000.
• The coverage for children or dependents is a basic amount of $5,000 with no additional optional coverage

However, there is no continuation or conversion option. The policy also comes with an extra contractual feature. This feature is that when a benefit of $10,000 or more, Great-West Life will make a $500 donation to a registered charity of the claimant’s choice.

For more details on group critical insurance in Canada, please contact us at 1-866-899-4849.