Dear Member,

On behalf of the Board of Directors of the Cosmetology Association of New Brunswick, we are very excited to present a proposal for a membership Life Insurance plan from Blue Cross.


The Blue Cross Life insurance benefit we are proposing for CANB members consist of the following:

Benefit Formula 

Flat amount 

Benefit Maximum 

$10,000 

Non-Evidence Limit 

$10,000 

Terminal Illness Benefit 

Included 

Benefit Reduction 

The amount of coverage reduces by 50% at age 65 

Termination 

Age 70 

  • The benefits are paid to a named beneficiary or estate of the deceased.
  • No health questions.
  • This benefit is mandatory for members of the association.
  • Annual fee $10.00
  • A motion will be presented to add $10.00 life insurance coverage to the membership annual renewals at the October 17, 2021, AGM.
  • The insurance coverage will not begin until the motion is passed.
 
The proposed group benefits coverage will provide you with the peace of mind that you are protected today and in the future.

Sincerely,

The Board of Directors/CANB
   
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