CIBC Million Dollar Maximum Accident Plan

CIBC Million Dollar Maximum Accident Plan is a comprehensive accidental death insurance plan that offers variable benefits depending on the nature of the accident. With easy acceptance and low rates, coverage under this plan is highly affordable.

Important features of the plan:

Available to CIBC customers of age 18 to 75.
Up to $1 million in case of accidental death on the plane, bus, subway or train.
A $100,000 benefit for death as a result of a car accident.
A $25,000 benefit for accidental death from other causes.
Individual coverage is $8.50 per month. Family plan is $9.95 per month.
Complementary first month, and a 30-day review period.

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Life Cover

Life Insurance pays a sum to the beneficiary of the insured’s policy in the event the insured dies during the term of the policy.

Critical Illness

Critical Illness Insurance pays a benefit to the insured in the event the insured is diagnosed with a predefined illness during the term of the policy.

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Here you can choose how much you would like the beneficiaries of your policy to receive in the event of your death.

Things you may consider are the amount required to maintain your family’s standard of living and the cost of paying off any large debts you may have such as a mortgage.

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CIBC Million Dollar Maximum Accident Plan

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