BarTalk August 2002
Volume 14, Number 4

The CBIA offers CBA members, their employees and their families a full range of customized insurance products, including term life, accident, disability and business expense insurance, individual and group health and dental benefits, as well as home and auto, and outside director’s liability insurance at very competitive rates, on a not-for-profit basis.

On May 1, 2002, in response to many requests, CBIA launched a health and dental plan for retired lawyers or law firm employees. So long as the application is received within 60 days of the individual’s loss of existing benefits due to retirement, no medical information is required. CBIA is also refining a Critical Illness rider to the term life plan, likely available later this year, with benefits of up to five times the current term life insurance. Critical Illness (CI) insurance provides a lump sum payment on diagnosis of a specific level of certain serious illnesses, whether or not the insured claimant is disabled. CI insurance can cover extraordinary medical expenses and other immediate needs during the life of the insured, leaving the term life insurance for the protection of the surviving family.

CBIA has also arrived at agreement in principal with CBA to form a new financial services company, which will follow the CBIA not-for-profit model and offer a range of investment services to CBA members.

Please contact your BC CBIA sales representative, Eric Mass 604.688.8790, or your CBIA BC Directors, Elizabeth Lyall and John Ankenman, for further information.

This article was published in the August 2002 issue of BarTalk and is subject to the copyright by the British Columbia Branch of the Canadian Bar Association, 2005, all rights reserved.