How Much Does It Cost?

IAP’s Accidental Death Insurance provides long-term comfort and security at a minimal cost.

Monthly Premiums

Your premiums will depend upon the plan you choose (Customer Only or Customer and Spouse) and the amount of coverage you require ($25,000, $50,000, or $100,000). Follow the chart below to determine your monthly payment amount.

Choose your plan and monthly premium:

	$25,000	$50,000	$100,000
ATB Customer Only	$2.95/mo.	$5.90/mo.	$11.80/mo.
ATB Customer & Spouse	$4.43/mo.	$8.85/mo.	$17.70/mo.

These rates apply to any age and do not increase with age.

Payment

Premiums are payable monthly by credit card (Visa or MasterCard) or by pre-authorized debit (“PAD”). The monthly premium will be deducted from your account (as specified by you) on or about the first day of each month.

Please note, if you choose to pay by pre-authorized debit (“PAD”), you will need to download and complete the application form (PDF – 440 KB) with PAD authorization and submit your application form by mail to:

Industrial Alliance Pacific Insurance and Financial Services Inc.
Special Markets Group
2165 W. Broadway, PO Box 5900
Vancouver BC V6B 5H6

Grace Period

A grace period of 30 calendar days is allowed for the full payment of any premium due and your insurance will stay in force during this period. Your insurance will terminate if the premium due has not been paid in full on or before the end of the grace period.