Note: The following is for information purposes only. It is a summary of the provisions of the Group Policy. In the event of a discrepancy between this document and the Policy, the terms of the Group Policy will prevail. 

Click on the headings below for a full description of your plan details.

Core Benefits

Group Life and Accidental Death & Dismemberment Insurance Benefits Summary

You are eligible for Life Insurance coverage if you are an active full-time employee working at least 20 hours per week.

Benefit Amounts

All employees – Life and AD&D Benefit
1 times annual earnings to a maximum of $250,000

Non-Medical Life Maximum
$250,000

Overall Life Maximum
$250,000

Reduction Formula
50% at age 65, terminate at age 70

Waiver of Premium
120 days, 2 Year Own Occupation Definition

Features:

Life

Accelerated/Living Benefits

Conversion Privilege

Waiver of Premium

2 Year Rate Guarantee

 

AD&D

Paralysis Benefits:
200% not to exceed a maximum of $1,000,000

Waiver of Premium:
prior to age 65 and must be total disabled for 120 days

Continuation of Coverage:
to end of month due to layoff or leave of absence (excludes strike)

Conversion Privilege:
up to a maximum of $100,000

Exposure & Disappearance:
one year limit

Education Benefit:
lesser of 3% of principal sum or $5,000/year; maximum 4 years (lump sum of $1,000)

Family Transportation:
up to a maximum of $2,500

Rehabilitation Benefit:
up to a maximum of $10,000

Repatriation Benefit:
up to a maximum of $10,000 (minimum 50km)

Spousal Retraining:
up to a maximum of $10,000

Day Care Benefit:
lesser of 5% of principal sum, or $5,000/year; maximum 4 years (lump sum of $1,000)

Home Alteration/Vehicle Modification:
up to a maximum of $10,000

Hospital Indemnity:
daily benefit equal to 1/30th of principal sum; monthly maximum of $1,000; maximum of 12 months

Exclusions:
standard, including war, pilot/crew, owned, leased or operated aircraft

 

Schedule of Losses

Loss
The benefit will be:

Life
the principal sum

Both hands or both feet
the principal sum

Sight of both eyes
the principal sum

One hand and one foot
the principal sum

One hand or one foot […]