Life & Disability Insurance
Group Life insurance provides financial security to you and your family if you become seriously injured or pass away. You are automatically enrolled on your first day of employment.
Death, injury, and illness are rarely expected, but being prepared can protect your family from the devastating financial blow that follows tragedy. Providing economic security is a major consideration in personal financial planning. As an employee, you automatically receive Death-in-Service and Total Permanent Disability (TPD) coverage equal to twice your base salary and Absolute Disability (AD&D) cover for four times your base salary.
You may choose anyone to be the beneficiary of your Life and AD&D policy in the event of your death or serious injury. Review your beneficiary designation periodically to ensure it reflects your current wishes. If you want to change the beneficiaries in your group insurance plan, please print out and fill in the Beneficiary Nomination Form found on the sidebar. This form must be physically signed before submitting it via myP&C.
| Covers | Insured Amounts |
|---|---|
| Death | 2 x annual base salary |
| Death by Accident | 4 x annual base salary |
| Absolute Permanent Disability | 2 x annual base salary |
| Absolute Permanent Incapacity by Accident | 4 x annual base salary |