Insurance

Capital Estate Planning ATA Insurance Products and Services

Peace of mind. Capital Estate Planning provides ATA members and employees with peace of mind about their ability to look after themselves and their families in the event of a crisis.

Through the professional delivery of financial and estate planning products and services designed to safeguard current financial wealth and secure optimal protection into the future, Capital Estate Planning works hard to protect you and your family.

Each member can select one or a combination of these exceptional group plans. Please contact our office for information and rates.

To read about our insurance products and services, please choose one of the options below:

» ATA Group Critical Illness Insurance
» ATA Group Life+ [Five Year Renewable Term]
» Term 10 or Term 20
» Level Term [Level Term to Age 100]
» Accidental Death and Dismemberment Plan
» Long Term Care Insurance

ATA Group Critical Illness Insurance
What is Critical Illness Insurance?
A lump sum cash benefit paid 30 days after the diagnosis of one of the 25 covered critical illnesses. How you use the money is entirely up to you! Apply now for critical illness insurance (PDF, 115 KB).

What can you use your Critical Illness Benefit for?
Whatever you choose! Your tax free, lump sum benefit that you receive 30 days after diagnosis can be used:

• to make payments on your mortgage, business loan, or other debt
• supplement disability insurance
• to provide income to you or your family while off work
• to make alterations to your home or vehicle to accommodate special needs
• for childcare
• for a vacation

What Conditions are Covered?  Learn more on the conditions covered at Industrial Alliance Pacific.

Alzheimer's Disease Aortic Surgery Aplastic Anemia Bacterial Meningitis Benign Brain Tumour Blindness Cancer (Life-Threatening) Coma Coronary Artery Bypass Surgery Deafness Heart Attack Heart Value Replacement Kidney Failure

Loss of Independent Existence Loss of Limbs Loss of Speech Major Organ Failure on Wait List Major Organ Transplant Motor Neuron Disease Multiple Sclerosis Occupational HIV Infection Paralysis Parkinson's Disease Severe Burns Stroke

ATA Group Life+ [Five Year Renewable Term]
The ATA Group Life+, a five year term insurance plan and underwritten by Sun Life Assurance Company of Canada, is designed for members and employees of the Alberta Teachers' Association, their spouses, and dependent children. This optional plan has the flexibility to match the amount of coverage to your needs-with the low cost advantage of a group plan. Enrollment couldn't be simpler.

The ATA Group Life+ insurance is available up to age 70 in increments of $25,000 to a maximum of $300,000 each for you and your spouse, and $5000 for each dependent child.

Teachers and their families have used ATA Group Life+ for a variety of needs, including family income, spouse survivor income, estate clearance expenses, mortgage cancellation insurance, or collateral term for loans.

For more information on the ATA Group Life+ program download our fact sheet (PDF, 72 KB) or to apply, please visit our ATA forms section.

Term 10 or Term 20
These two new alternative enhancements allow coverage to be purchased at a level premium rate for 10 or 20 year periods depending on family circumstances and needs.

Level Term [Level Term to Age 100]
This enhancement to the ATA voluntary benefits plan now provides an option for prepaid term insurance coverage through to age 100-with your premiums guaranteed to stay level until then as well. Level Term to Age 100 provides the lowest cost option for permanent life insurance coverage. It is simple to understand, and may provide some cash and / or reduced paid up values.

Level Term is beneficial in such areas as will and estate planning; coverage past retirement for pension planning and spousal income continuation; estate liquidity; and flexibility in moving coverages to family members-among other areas. The alternate joint second death version is especially important to provide funding for capital gains and income taxes and for charitable giving programs.

Accidental Death and Dismemberment Plan
Accidents are by nature sudden and unexpected, often leaving family members without sufficient time to put their finances in order. In addition to protection against the financial hardships associated with an accidental death, this coverage can also help during rehabilitation and recover in the case of an accidental dismemberment injury. This protection is especially important when you consider that accidents are the number one cause of death among people under the age of 39, and the fourth leading cause of death for people of all ages.

This coverage includes a wide range of features and services including:

• 24 hour, worldwide, on and off-the-job coverage
• Low cost group rates
• Flexible coverage
• Member only or Member & Family coverage for your spouse and eligible dependent children
• Automatic acceptance into the plan; no medical evidence of insurability is required
• Multiples of $25,000 minimum to a maximum of $300,000 for Member and Spouse. Eligible dependent children would be insured for 10% of chosen amount.

Long Term Care Insurance
Long term care insurance gives you the financial resources to help you preserve your assets and your retirement savings. It helps you maintain your lifestyle and financial security by providing you the resources you need to remain independent, even in the face of a serious health setback. At the same time, it gives your children an alternative to providing you with the care themselves, and protects your estate for your beneficiaries. Most importantly, it gives you options, so that you can make decisions about personal care that are best for your particular needs.

Long Term Care insurance provides a daily benefit if you lose the ability to care for yourself, and require the services of professional assistance at home or care facility. It offers you these advantages:

• An affordable way to pay the monthly cost of long term care.
• Select care in the setting that is most convenient and suitable for your needs, or receive professional attention in your own home, if you prefer.
• Helps you pay for medical expenses that may be only partially subsidized by provincial health plans.
• Benefits paid directly to you, regardless of government health care aid you may receive.

For more information, please contact our Edmonton or Calgary office. An insurance specialist will be happy to help you.