Accidental death & dismemberment insurance (SSQ)
This voluntary plan provides accidental death, dismemberment and loss of use insurance for eligible retirees and, if desired,for spouses and dependent children. Employees must be enrolled in the plan at the time of retirement.
- Insurance coverage ranges from a minimum of $10,000 to a maximum of $300,000
- The monthly cost for the employee only plan is $0.14 for each $10,000 of coverage
- The monthly cost for the employee and family plan is $0.24 for each $10,000 of coverage
- Maximum coverage at age 65 is limited to $100,000
- Coverage ends at age 70