Introduction of Acci 7 PLUS

Yong Chen (Senior Insurance Consultant, Cell: 4163004768)

F44A Acci 7 PLUS Application

• What is Acci 7 PLUS?

It is an insurance product provided by IA.

Acci 7 PLUS offers flexible accident insurance for the whole family that lets you build your own customized coverage and adjust it according to your needs. Easy and affordable, you create your own insurance using 5 different coverages at $7/month each, which you can combine however you like!

Based on the coverages you choose, you could receive monthly payments to cover a period of disability, a lump sum in case of a fracture, or reimbursement for your medical expenses after an accident.

• How does it work?

With Acci 7 PLUS you can customize your insurance according to your needs by selecting up to 5 of the following coverages at $7/month each:

1. Disability in case of accident
2. Accidental death, dismemberment or loss of use
3. Accidental fracture
4. Extended medical care further to an accident
5. Hospital benefit in case of accident or illness

The cost is the same for everyone, regardless of age or gender. None of the benefits are taxable and payment is guaranteed in 7 days.

You can also use more than one unit of certain coverages to increase your benefits. For example, you could take 2 units of coverage for accidents in case of disability for a total of $14/month, which would make you eligible for monthly benefits of $1,400 per month.

• Advantages of Acci 7 PLUS

1. Non-taxable benefits
2. No medical exam required
3. Flexible: fully customizable with 5 coverages to choose from based on your needs
4. Affordable: just $7 per month per coverage unit, regardless of your age, gender or employment status
5. Accessible to all: from 0 to 74 years old at the time of enrolment and up to 80 years old for the duration of the coverage.

• Eligibility

Canadian citizens:

1. Age 0 to 74 at the time of the application, except for the following coverages:
   • Disability in case of accident: accessible for those 18 to 74 years old
   • Hospital benefit (illness option): accessible for those 6 months to 74 years old
2. Not suffering from a chronic neurodegenerative disease or a permanent physical or intellectual disability
3. Not disabled at the time of the application
4. Covered by a provincial health insurance plan

Immigrants:

People living in Canada for at least 12 months are eligible

• Type of coverage

1. Disability in case of accident

Whether you’re employed or not, a non-integrated monthly benefit of $700 per unit (1 or 2) is paid for total disability in case of an accident resulting in: hospitalization, dismemberment, fracture, major burn or major laceration. The payment is not subject to a waiting period. Benefits may be payable multiple times for a period of 7 months per accident.

2. Accidental death, dismemberment or loss of use

This coverage provides protection in the event of death, dismemberment or loss of use resulting directly from accidental bodily injury, up to $70,000 per unit, to a maximum of $350,000 (5 units). Benefits vary depending on the loss.

3. Accidental fracture

This coverage provides a lump-sum payment of up to $7,000 per unit (1 or 2) in case of accidental bone fracture. In the event of multiple fractures, only the fracture with the highest benefit amount will be paid. This coverage is very useful for manual workers such as construction workers, hairdressers, plumbers, etc., who might face work stoppage due to a fracture.

4. Extended medical care further to an accident

This coverage reimburses medically necessary expenses incurred in Canada after the accident. Expenses must have been incurred within 12 months of the date the accident took place. The lifetime limit for reimbursement of expenses is $100,000. Examples of expenses covered include: hospitalization, ambulance, private home care, laboratory analysis, equipment rental, professional fees (physiotherapist, chiropractor, …), etc.

5. Hospital benefit

You can choose between coverage in case of accident or in case of accident or illness. A daily benefit of $70 to $350 per day is paid for hospitalization in Canada or the United States, for a period of 18 hours or more, including day surgeries. You just have to answer a few additional questions for the hospital benefit coverage for accident or illness.

• Coverage amounts

The coverage amounts vary based on the coverage selected and the number of units per coverage.

The benefits can be used to supplement group insurance, loss of income, and additional expenses resulting from an accident.

(Please check the pictures in the article carefully. The picture content is the official promotional document of the insurance company, including the specific details and amount of compensation, etc. The official information shall prevail)

Winter has come, it is time to apply for one this insurance for those who like skiing. (Each individual coverage) The monthly premium for one unit is only $7 (you can choose to buy 1-5 units, that is, $7-35, if you buy 5 units for all five individual items, the monthly premium is $175), regardless of the Age does not distinguish between genders.

Cancellation is easy, just fill out and sign the policy cancellation form and send it to me one month in advance. AF-CRE Cancellation Request

This article is information only, not insurance suggestions or opinions. If you have any needs regarding this, please contact me for a consultation.