CIBC Accident Protection Plan

The Accident Protection Plan provides coverage in the event of an injury or death from an accident. You can apply without answering any health or medical questions.

Choose a coverage amount between $25,000 and $200,000. You can also add your spouse with the exact same coverage amount at a discounted rate.

You can choose one of the following coverage options, or both:

Choose one lump sum coverage amount paid to your beneficiaries in case of your Accidental Death.

• We offer coverage amounts in increments of $25,000 up to $200,000
• Premiums can start as low as $2.97 per month for $25,000 of Accidental Death coverage
• With the annual Bonus Benefit, an amount equal to 1% of your Accidental Death Benefit amount will be added to your Accidental Death coverage annually on the anniversary of your effective date of coverage¹

You can also choose a daily coverage option paid to you in case of hospitalization resulting from an accident.

• We offer daily coverage amounts of $100, $150, $200 or $300 per day of your hospital stay
• Premium rate is based on the coverage amount that you choose, and can start as low as $5.95 per month for $100 per day coverage

What is not covered?

• Sickness, disease, natural causes (regardless of how acquired) or medical or surgical treatment
• Suicide or any self-inflicted injury, regardless of whether you intended or understood the consequences of your actions
• War, declared or undeclared, riot or civil commotion, insurrection or hostilities of any kind
• No benefit will be paid if your policy is declared void because you misrepresented or failed to disclose a material fact, or you committed fraud in connection with your policy

The above is only a summary. For details on all benefits, eligibility conditions, limitations and exclusions, review the sample Insurance Policy (PDF, 245 KB) Opens in a new window.. The information on this website is not part of your Insurance Policy. In case of a discrepancy between the information and examples provided on this website and your Insurance Policy, your Insurance Policy prevails.

You can buy CIBC Accident Protection Plan insurance if you're a Canadian resident aged 18 to 64 at the time of your application. You won't have to take a medical test when you apply and your acceptance is guaranteed.