Additional Benefits -Foresters No med

Canada Protection Plan

Orphan Benefits

The Orphan Scholarship Benefit provides the children with a renewable scholarship of up to $6,000 per year for higher learning for up to four years to cover tuition and maintenance.

The Orphan Benefit is a monthly payment for orphans, which pays $900 per month per child to the legal guardian for children under 18 upon the death of both parents. Available to those members with fully paid-up certificates OR a certificate with face value greater than or equal to $10,000 OR an annuity or life insurance certificate with a minimum of $1,000 paid in the previous 12 months.

Critical Illness

A $2,000 lump sum payment per membership (per family) is provided upon diagnosis of certain critical illnesses for any one immediate family member. Available to those members with fully paid-up certificates OR a certificate with face value greater than or equal to $10,000 OR an annuity or life insurance certificate with a minimum of $1,000 paid in the previous 12 months.

Terminal Illness Loan

An interest-free loan may be provided for an insured member who becomes terminally ill. The total loan can be up to 75% of the total amount of the Foresters life insurance on that insured. The maximum loan amount is $250,000. This loan will be repaid from the insurance proceeds payable upon the insured’s death.

Foresters Competitive Scholarships

Each year, the Foresters Competitive Scholarship Program offers up to 350 scholarships including five Ken Peterson Awards for Community Service for higher learning worth up to $8,000 each. Students of any age with a minimum GPA of 2.8 or 70% and have performed a minimum of 40 hours of community service in the 24 months leading up to the application deadline may apply. Eligible Foresters members and their family can receive scholarships that recognize volunteering and community service in addition to good grades.

Community Involvement

Foresters provides you and your family with opportunities to make a difference through meaningful activities that promote family time and children’s health. Activities include building playgrounds and supporting local children’s hospitals through Children’s Miracle Network. Foresters also awards members grants for projects of any size that respond to a real need and have a positive impact in their community.

Family Events

As a Foresters member, you can spend time with your family at sporting events, theme parks and more, at little or no cost. Family events are organized by Foresters from time to time and participation is by invitation. Each year, over 40,000 Foresters members and guests participate in Foresters family events in Canada, the US and UK.

Foresters member benefits are non-contractual, subject to eligibility requirements and limitations and may be changed or canceled at any time without notice. Definitions may vary for individual benefits.

(Policy Wording)