Please note that in the event more than one of
the losses described above results from the same accident, only
the largest benefit amount listed in the Schedule of Benefits will
be paid.
The Insurer, Manulife Financial, will pay a benefit as provided
in the Schedule of Benefits above, upon receipt of due proof that
the insured member, insured spouse, or dependant child has suffered
a dismemberment within 365 days of and as a result of an accident,
and the member or spouse was less than 74 years of age on the
date of the accident. No benefit will be payable until the expiry
of thirteen (13) weeks following the accident date.
In 2003/2004, a review of SISIP FS insurance plans was conducted.
Financial products reviews are a recurring practice to ensure
that SISIP FS continues to provide competitive and affordable
financial services tailored to Canadian Forces members and their
families. As a result, premiums for some age groups are decreasing
and the new Accidental Dismemberment coverage is added to OGTI/RTIP
at no additional cost.
Are there other important benefits included in OGTI/RTIP?
Yes, in addition to the new Accidental Dismemberment coverage
and low premium rates, OGTI/RTIP participants are offered the
following benefits:
- No war or terrorism exclusion clause;
- No exclusions for dangerous occupations, hobbies, volunteer
activities or sports;
- Less stringent medical underwriting requirements; and
- A life insurance for dependant children for an amount of
$10,000.
Will there be more changes again in the future?
There could be more changes in the future, as insurance programs
reviews are forecasted to take place every three years on average
to ensure SISIP FS continues to be a provider of high quality
and affordable financial products and services.
Who can I contact to know how much coverage I have or to change
my amount of coverage?
SISIP FS licensed insurance representatives are available to
answer your questions in regards to these improvements to your
SISIP FS life insurance plans and can help you review the coverage
you need to protect your loved ones. You can contact your local
SISIP FS insurance representative in one of our 18 offices throughout
Canada, or call 1-800-267-6681 (233-2177 in Ottawa).
