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Overview
The Accidental Death and Dismemberment (AD&D) benefit provides valuable protection to plan members at a low cost. AD&D provides financial assistance if a plan member suffers a loss of life, use of a limb, sight, hearing, and/or speech due to an accident.
The death benefit is payable to the plan member’s beneficiary. The dismemberment benefit is payable to the plan member.
Product information
Employee Basic
- Available to groups of all sizes
- Minimum coverage is $10,000 and the maximum is determined by group size
- Plan sponsor selects coverage amount – generally the same as the schedule for the employee Life Insurance benefit – usually a flat amount or a multiple of the plan member’s salary
- Plan sponsors typically fund the premium. Payroll deduction is also an option
Employee Optional
- Available to groups of 25 lives and above (Signature, Corporate and Trustee)
- Coverage is intended to supplement the plan member’s Basic plan coverage
- Minimum coverage is $10,000 and the maximum is $250,000
- Coverage plans are usually a flat amount or a multiple of the plan member’s salary
Employee and Dependent Optional
- Coverage for a plan member, his or her spouse and/or dependent children
- Available to groups of 100 lives or more
- Minimum coverage is $10,000 for the plan member and 40% of plan member amount for Spousal and 5% of plan member amount for Child coverage
- Coverage amount maximums are higher for the plan member ($250,000) than for dependants (spouse 60% of plan member amount and child 15% of plan member amount)
Business Travel
- Available to groups of 25 lives and above (Signature, Corporate and Trustee)
- Provides protection in the event of a loss due to an accident for a specified class of employees during selected travel situations
Special Event
- Available to groups of 25 lives and above (Signature, Corporate and Trustee)
- Provides additional protection for a defined group of plan members (e.g., for employees flying to conventions or sales conferences) for loss due to accident
Benefit options
The following options can be added to a base AD&D plan in defined packages (Signature groups of 20-199 lives) or as selected by the plan sponsor (groups of 200+ lives):
- Rehabilitation;
- Repatriation;
- Family Transportation;
- Spousal Occupational Training;
- Dependant Education;
- Day Care;
- Home Alteration and Vehicle Modification;
- Seat Belt;
- Hospital Allowance, and
- Permanent and Total Disability (applicable to plan members only).
Additional features
Safe Access Account
- High-interest, limited access chequing account for the purposes of depositing proceeds of an Accidental Death claim
- Provides Beneficiaries with time to consider their options so they can make the right financial decisions
- Contact your Manulife representative for complete details and eligibility guidelines
Waiver of Premium
- Provides for the continuation of coverage without payment of premiums, if a plan member becomes totally disabled while insured
- Must match the Basic Life Waiver of Premium clause and does not extend beyond contract termination
More information?
For more information on Group Life Insurance contact your Manulife representative.
Group Benefits products are offered through Manulife Financial (The Manufacturers Life Insurance Company).