Accidents are beyond your control. But one thing you can control is whether or not you have an appropriate safety net for yourself or your family. Protection is available with OMA Accidental Death and Dismemberment Insurance – a simple, affordable complement to your existing Life and Disability Insurance plans.
Should an accident result in your death or other debilitation, this benefit pays a lump sum payment in addition to any other benefit you or your family might already receive. Which means even if you can't predict what events may come, you can be sure that the lifestyle you've been working to achieve is protected.
Accidental Death & Dismemberment Insurance offers many reassuring features and options:
The annual cost per $100,000 unit of coverage is:
Member only: $27.00
Member only: $27.00
Plus applicable Sales Tax. To get a quote, simply contact OMA Insurance at
email@example.com or 1.800.758.1641, or use the
Pays $5,000 a year for a maximum of four years to each insured dependent child who at the time of your accidental death was enrolled as a full-time student in an institution of higher learning beyond the 12th grade level; or, if at the 12th grade level and subsequently enrols as a full-time student in an institution of higher learning within 365 days of the date of your accidental death.
If accidental injuries result in death or dismemberment within 365 days of the accident, benefits will be paid as follows:
In addition, up to $10,000 may also be payable for rehabilitation. Dismemberment claims are limited to one dismemberment/loss of use claim for each person insured.
OMA Insurance works to streamline the application process as much as possible, reducing the complexity and time required to arrange coverage. Here are the steps required:
No one is ready for an accident. But you can be ready to protect yourself against its financial impact, with Accidental Death & Dismemberment Insurance. Let OMA Insurance help you be properly prepared, now and at every stage of your life.
OMA Accidental Death and Dismemberment Insurance is underwritten by Sun Life Assurance Company of Canada, a member of the Sun Life Financial Group of companies.
This fact sheet is intended for general guidance and is not a contract. The complete terms, conditions, limitations and exclusions governing the OMA Accidental Death and Dismemberment coverage can be found on your Certificate of Insurance and in the relevant group insurance policy 95001 and issued to the OMA by Sun Life Assurance Company of Canada.
"Spouse" means a person legally married to you, or a person with whom you cohabit and who is being represented publicly as your spouse, as registered on the application. "Dependent children" means all unmarried children, stepchildren or legally adopted children: EITHER (a) of you or your legal spouse, who may or may not reside with you or your spouse, but are fully dependent on you for support; OR (b) of you or your common-law spouse, who are in the care and custody of both, reside with both you and your common-law spouse and are fully dependent on you and your common-law spouse for support; AND (c) who are less than age 19 (or less than age 25 if a full-time student at an accredited institution of learning) or to any age if physically or mentally infirm.
Coverage is effective on the date your fully completed application is received by OMA Insurance subject to Sun Life Assurance Company of Canada's approval provided that you are actively practising medicine or in medical training on such effective date.
Your accidental death benefit will be paid to the designated beneficiary or to your estate if no designation is made. The accidental death benefit of your spouse and dependent children will be paid to you. Dismemberment and loss of use benefits will be paid to you. Coverage ceases upon termination of group policy no. 95001, termination of your membership in an Eligible Association, failure to pay premiums, or on September 1 coincident with or next following your 70th birthday. In addition to the above, spouse and/or dependent child coverage terminates on ceasing to qualify as a spouse or dependent child (as defined), or upon your death.
If two or more losses to the same limb result from any one accident, only the largest amount applicable will be paid. The maximum payable for all losses sustained by an insured person as a result of the same accident shall not exceed the insured amount except in the case of quadriplegia, paraplegia, or hemiplegia. What constitutes loss is described in group policy no. 95001. The aggregate limit for all insured persons involved in any one accident is $10,000,000.
This plan covers accidents occurring anywhere in the world, any hour of the day or night, any day of the year.
Some conditions apply.