Child Life & Accident

Two benefits included for children. Child Life & Accident combines Major Impairment accident coverage with Term Life insurance.

One premium covers all children. A single low monthly premium covers ALL your eligible dependent children, regardless of how many you have.  Newborn children are automatically covered (no additional application needed) upon reaching the age of 15 days, at no additional cost.

Lump sum benefit amount per child. Each unit of coverage provides up to $100,000 of Major Impairment benefits plus $5,000 of Term Life insurance. With the maximum 5 units, that goes up to $500,000 and $25,000, respectively, for each covered child. The minimum benefit amounts payable are outlined below:

Minimum lump sum benefit amount payable, per unit

Minimum lump sum Term Life Insurance benefit amount payable, per unit

Determining your eligibility

Members and employees participating in Term Life or Major Accident Protection insurance plans are eligible to apply for Child Life & Accident Insurance for any of their children who are:

• unmarried
• dependent on the Member/Employee for support, and
• over 14 days but under 25 years of age. (Children over age 21 must be in full-time attendance at an accredited college or university.)

Major Impairment benefits are not payable if impairment results from war, whether declared or not, or any act of war or insurrection.

Term Life benefit is not payable if death results from suicide.