Frequently Asked Questions
Is Insure Your Child’s Future
the right plan for your children?
| Q: | Is there a fee to attend the Learning Centre? | |||||
| A: | There is no fee to attend the Learning Centre. You may attend as many times as you like. | |||||
| Q: | Do parents really need insurance for their children, even if they are still young? | |||||
| A: | Yes! A serious illness or accident could make insurance very expensive, even unavailable, for your children when they are adults. | |||||
| Q: | Once issued, can the rates ever change? | |||||
| A: | The rates will remain the same for the life of the contract regardless of age or change in health status. | |||||
| Q: | Can a grandparent apply on behalf of their grandchildren? | |||||
| A: | Absolutely. A child's parent, grandparent or legal guardian can be the policyholder. | |||||
| Q: | How much paperwork will I have to fill out to apply for coverage? | |||||
| A: | It's easy. There is a short application, with a few yes or no health questions. | |||||
| Q: | Will my child have to take a medical exam or go see a doctor to qualify for coverage? | |||||
| A: | No. There is no medical underwriting necessary. | |||||
| Q: | What can my child really expect to learn at theLearning Centre | |||||
| A: | A basic understanding of important financial concepts, including, investing, insurance and credit instruments. As parents, you will learn how to instil in your children a disciplined approach to budgeting. | |||||
