Two-in-one insurance 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:
|Major Impairment covered losses||Amount payable per unitEach unit of Child Life & Accident Insurance provides up to $100,000 of Major Impairment coverage, plus $5,000 Term Life coverage. A maximum of 5 units is available.|
|Severe brain damage||$50,000|
|Total & permanent paralysis||$100,000|
|Loss of use of two limbs||$100,000|
|Total & permanent loss of sight, speech or hearing||$50,000|
|Loss of use of one limb, one hand or one foot||$37,500|
|Total & permanent loss of sight in one eye||$37,500|
|Total & permanent loss of hearing in one ear||$25,000|
|Term Life insurance benefit||Amount payable per unitEach unit of Child Life & Accident Insurance provides up to $100,000 of Major Impairment coverage, plus $5,000 Term Life coverage. A maximum of 5 units is available.|
|Death by any cause||$5,000|
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.
Child Life & Accident
|1 unit||2 units||3 units||4 units||5 units|
|Major Impairment||Up to $100,000||Up to $200,000||Up to $300,000||Up to $400,000||Up to $500,000|
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:
In all cases, you will be contacted, and a professional advisor will review your application to ensure proper completion.After the application:
Once the application has been completed, a medical professional from a third party paramedical service may call you to arrange a home visit at your convenience. The insurance company may also contact your doctor to request medical records.
Throughout this process, Garrett Agencies will be communicating with you to keep you up to date on progress and may request additional information from you.
Once the insurance company has received and reviewed all the information required, they will issue an offer for insurance which you may choose to either accept or decline.
To apply for Child Life & Accident Insurance, please choose one of the following options: