Available to the spouse and dependent children of an employee, Dependent Life plans provide coverage in flat amounts only. Coverage for the spouse is generally higher than that available for children. Coverage for children generally becomes effective at birth and continues until the child is 21 years of age (25 years if in full-time attendance at school or university).

 

Benefit Amount

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The most common amounts of Dependent Life coverage are $10,000 for a spouse and $5,000 per dependent child , however, at Benemax Financial Ltd, we recommend $25,000 per Spouse and $12,500 per child .