WHAT IS Co-opLIFE Advantage?

• A family plan designed to take care of burial expenses

• Covers up to six (6) family members:SpouseChildren (cover ceases at age 24)Member’s parents• Cover for member, spouse and parents

continues until death• Persons can be covered on one plan only

WHAT IS Co-opLIFE Advantage?cont…

• Entry Age :

• Members between 18-75yrs

• Children 1yr – 23yrs

• Parents maximum entry age 75yrs

• You must be a member of the Credit Union for at least 3 months to join this plan

IS Co-opLIFE Advantage Affordable?

• For as little as $98.00 per month you can cover up to six family members for $15,000.00 each

CHOOSE YOUR COVERAGESUM ASSURED MONTHLY

PREMIUM

$7,500 $48.69

$10,000 $64.93

$12,500 $81.16

$15,000 $97.39

RATES ARE REVIEWED ANNUALLY

IS Co-opLIFE Advantage Flexible?

• You can choose the level of coverage affordable to you

• You can increase your coverage at anytime • Your dependants can be added or removed

at anytime• Surviving members have the option to

continue coverage• You can change your beneficiary at anytime

DO I HAVE TO DO A DO I HAVE TO DO A MEDICAL EXAM?MEDICAL EXAM?

• No, neither you nor your dependants are No, neither you nor your dependants are required to do any medical examinationsrequired to do any medical examinations

• No, you are only required to answer the four No, you are only required to answer the four medical questions relative to yourself and to medical questions relative to yourself and to the best of your knowledge, your familythe best of your knowledge, your family

• Coverage will be granted if all answers are Coverage will be granted if all answers are truthfully answered in the negative (No)truthfully answered in the negative (No)

• Coverage will be declined on any person for Coverage will be declined on any person for whom a positive response (Yes) is givenwhom a positive response (Yes) is given

• Coverage will be effected on the 1Coverage will be effected on the 1stst of the of the month following the acceptance of the month following the acceptance of the application by Guardian Lifeapplication by Guardian Life

WHAT ABOUT CLAIMS?

• There is a waiting period of six (6) months from the effective date of the certificate before a claim can be made

• If a death occurs during this period, you have the option of a refund of premiums and termination of the policy

WHAT ABOUT CLAIMS?cont’d…

• If a claim occurs after the waiting period the following documents should be submitted to Guardian Life

Completed claim formDeath certificateCopy of I.D. card• Guardian Life will pay all valid claims within

14 days of receipt of documentation• A maximum of six (6) claims will be paid on a

policy

HOW CAN I GET Co-opLIFE Advantage?

• Application forms are available through your Guardian Life Agent or through your Credit Union Office

• Submit the following documents to your Credit Union

Completed application formFirst premium paymentCredit Union standing order authorizationCopy of your National Registration

WHEN DO I GET MY POLICY DOCUMENT?

• This is a group policy and BCCUL is the owner of the master policy

• A certificate would be issued with an effective date of the first of the month following the completion of the application and underwriting by Guardian Life

• This certificate would be issued within five working days from receipt of documents by Guardian Life and forwarded to your Credit Union for collection