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Re-evaluating Your Insurance Coverage
Your baby brings new responsibilities,
such as the responsibility of ensuring the financial security of your
family. Provide your family with the coverage required for you to experience
this new adventure confidently.
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Life Insurance
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If you do not yet have life
insurance, it is time to think about increasing your family’s
security should an unfortunate event occur. If you already have life insurance,
you should perhaps examine the amount of your insurance to ensure that
it meets the needs of your child.
To calculate the amount of life insurance required
to meet your family’s needs, see Your Life Insurance Requirements.
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Disability Income Insurance
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If you or your spouse became disabled as a result
of an accident or illness, your family should have disability
income insurance to replace your salary.
Use our calculator
to determine your family’s disability income requirements.
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Accident Insurance
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Accident
insurance for newborns or for
the entire family will help you face unexpected events by providing
coverage for medical and other expenses resulting from an accidental injury
or death.
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Critical Illness Insurance
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Think about protecting yourself against the
financial worries occasioned by a critical illness. Critical
illness insurance will help you to pay for care at home or abroad,
adapt your residence to your living requirements, take a trip, or resume
your education. Because children, too, can suffer from critical illnesses,
this insurance may also allow you to temporarily leave your job to devote
yourself to your child’s recovery.
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Group Insurance
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If you are a member of a group
insurance, plan, you will certainly want your child to be enrolled.
Inform your plan administrator of the arrival of your child so that the
necessary changes can be made to your coverage.
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