PSAC Enhanced Coverage - Premium Rates
Coverage is available in units of $25,000. The maximum coverage available is $250,000 for you and $250,000 for your spouse.
Premiums are based on the applicant’s age, sex and smoker status. Premiums increase as the individual progresses from one age band category to the next.
Rates include accidental death and dismemberment coverage.
Each eligible dependant child can be insured for $20,000 for just $1 per month.
PSAC Enhanced Coverage Monthly Premium Rate Table (Download)
Example: The monthly premium for a 38-year-old female non-smoker requiring $100,000 of coverage
(4 x $25,000) would be $10 (4 x $2.50). The same coverage for a 38-year-old male non-smoker would
be $12 (4 x $3.00). When these individuals attain age 40, the woman will pay $14 per month (4 x $3.50)
while the man will pay $17 per month (4 x $4.25) for the same coverage.
*Rates are subject to change.
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