Critical Illness Insurance from Industrial Alliance (Transition)

Critical Illness Insurance from Industrial Alliance (Transition)

Transition is a product that can be purchased as basic coverage or as a rider to a universal life or to a term or permanent insurance policy. TRANSITION insures up to nine persons on the same contract, including the principal insured, for different insurance coverage. However, joint insurance protection is not available. Three types of protection are available:


10-year term protection, renewable until age 75 of the insured. The renewal premiums are guaranteed when the contract is issued. This protection can be converted to a permanent protection until age 65 of the insured. The attained age rate applies on the conversion of the in-force product judged equivalent by the company. No evidence of insurability is required at the time of the conversion. The section entitled “Conversion of the T10 (R&C) – Impact on the Value of the Return of Premiums” provides additional information.

Term protection to age 75 of the insured. The premiums are guaranteed and level throughout the duration of the coverage.



The premiums are guaranteed and level throughout the duration of premiums payment period. The T100 protection is paid-up at age 100 of the insured. Thereafter, no premium is required until the end of the coverage.

TRANSITION – T100 Option 10

TRANSITION – T100 Option 20

Term coverage until the insured reaches age 100. These options release the full value of the face amount at the end of selected premium payment period. The premium is guaranteed and level for the premium payment period, namely 10 or 20 years, as the case may be. These quick payment options must be selected when the contract is issued.


Face amount Minimum face amount: $10,000

Maximum face amount:

0 to 17 years : $250,000

18 years and over : $2,000,000

TRANSITION – T10 (R & C) : 0 to 65 years

TRANSITION – T75 : 0 to 65 years

TRANSITION – T100 : 0 to 65 years

TRANSITION – T100 Option 10 : 0 to 60 years

TRANSITION – T100 Option 20 : 0 to 50 years


* Note that the age means the birthday closest to the effective date of the protection.


Return of Premiums upon Death

The Return of Premiums upon Death is offered as a rider at issue only on every types of Transition protections. The Return of Premiums upon Death is automatically included in the insured’s protection).


Flexible Return of Premiums

The Flexible Return of Premiums is available as a rider, at issue only, on all types of Transition coverage.

The Flexible Return of Premiums is automatically included in the insured’s protection.



Transition and Transition Evolution cover the following 25 illnesses or medical conditions:

  • Alzheimer’s Disease           • Aortic Surgery         • Aplastic Anemia      • Bacterial Meningitis      • Benign Brain Tumour       • Blindness
  •  Cancer (Life-threatening)         • Coma                   • Coronary Artery Bypass Surgery             • Deafness                  • HeartAttack
  •  Heart Valve Replacement    • Kidney Failure            • Loss of Independent Existence             • Loss of Limbs   • Loss of Speech
  •  Major Organ Failure on Waiting List   • Major Organ Transplant    • Motor Neuron Disease     • Multiple Sclerosis
  •  Occupational HIV Infection    • Parkinson’s Disease             • Severe Burns     • Stroke (Cerebrovascular Accident) and   Paralysis


Transition and Transition Evolution also include 5 critical illnesses juvenile if the diagnosis is made before the 25th insured’s birthday. These illnesses are:

  • Cerebral Palsy
  • Congenital Heart Disease
  •  Cystic Fibrosis
  •  Muscular Dystrophy
  • Type 1 Diabetes Mellitus

The insured must survive more than 30 days after the diagnosis of a critical illness covered by the contract. Survival period means the 30-day period starting on the date of diagnosis of the

critical condition or on the date of surgery, depending on the covered medical condition.

Prevention + Benefit

The Prevention + Benefit provides for the payment of a partial benefit* equal to 10% of the current face amount, up to a maximum of $50,000, when the insured is stricken with one of the following 4 medical conditions:

  • Coronary Angioplasty
  • Cancers detected in early stages:
  • Breast Cancer (ductal carcinoma in situ of the breast)
  • Skin Cancer (malignant melanoma in the dermis equal to or lower than a depth of 1.0 mm)
  • Stage A Prostate Cancer

* Subject to certain restrictions and exclusions (see appendices)

A single Prevention + Benefit will be paid for all illnesses or treatments mentioned above, for the duration of the contract. The contract continues under the same conditions after a partial benefit is paid and the face amount is not reduced by the amount paid.


Diagnosis in Canada

The diagnosis of a critical illness must be made by specialist authorized to exercise his profession in Canada or in the United States and be confirmed by modern investigation techniques relevant to this illness, normally used at the time of settlement. The specialist must not be the insured, the applicant, a relative or a business partner of the insured or of the applicant.


Diagnosis outside of Canada and the United States

When the diagnosis of a critical illness is made outside of Canada and the United States by a specialist exercising his profession in a jurisdiction deemed to be acceptable by the Company, the benefit is paid if all of the following conditions are respected:

  • the Company receives all medical files;
  •  Based on the medical files received, the Company is assured that:
  • the same diagnosis would have been made if the critical illness or accident had been diagnosed by a specialist exercising his profession in Canada;
  • the same treatment would have been prescribed in accordance with Canadian standards; and
  • the same treatment, including any required surgery, when applicable, would have been prescribed if the treatment had been provided in Canada.
  • The Company may require that the insured undergo an independent medical examination performed for a physician designated by the Company. For elective surgery, the required medical examination will have to be performed before the surgery.



Insureds benefit, at no additional charge, from specialized medical support and consultation services offered by “Best Doctors®”, without additional fees. Their mission is to provide the most reliable and accurate medical information there is so that the insured has the best chance of recovery. Let’s remind that Best Doctors is not offered on Simplified Issue Transition. The client can obtain these services by dialling a toll-free number as soon as the insured is diagnosed with a covered critical illness no matter if a claim has been made or if it is to be paid or not. This number provides access 24 hours a day, 365 days a year to the services offered by Best Doctors®. A specialized advisor will personally handle the insured’s file. Best Doctors® offers 3 levels of service to the eligible insured:

1 InterConsultationTM

The insured obtains answers to his questions without having to leave home. Specialists revise his medical file and provide a second opinion on his diagnosis.

2 FindBestDocTM

The insured obtains the names of up to three of the top most competent specialists, according to surveys conducted among specialists, to treat the medical condition, in the region of the insured’s choice in Canada or outside the country.

3 FindBestCareTM

Highly qualified personnel help the patient to identify centres of excellence outside the country, primarily in the United States, in addition to helping them access these centres. These services are offered by Best Doctors® and are not part of the client’s critical illness contract. This offer may be discontinued at any time without notice. The Company is not obligated to offer these services under any circumstances.

Transition contracts whose generation is 1 to 4 (issued before March 25, 2008) must have a face amount of $100,000 or over to be eligible for the Best Doctors medical assistance service.

We could let you know a lot more about your Transition- critical illness insurance. We could also search for insurance policies from the major providers in canada. Please feel free to contact me at or at 1 416 509 2540. Please visit me for a no obligation quote or advice.


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Industrial Alliance Insurance and Financial Services Inc. 

was founded in 1892 and is a life and health insurance company that offers a wide range of life and health insurance products, savings and retirement plans, RRSPs, mutual and segregated funds, securities, auto and home insurance, mortgage loans and other financial products and services….( Read More)



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