Basic group life insurance (Manulife)

The basic life insurance plan is a 100% employer paid life insurance with coverage in the amount of $25,000.00 for each eligible employee

  • an eligible employee is any active employee who works at least 17.5 hours per week.  Term employees must be employed for a term of three months or more.
  • payment of the premium by the employer creates a taxable benefit each year for all eligible employees.
  • applications submitted 31 days after the effective date requires evidence of health.
  • effective on the date of hire.
  • termination of coverage is the last day of employment.
  • mandatory for all new eligible employees.

Optional life insurance (Manulife)

Eligible employees may supplement their coverage under the basic life plan by buying additional coverage under the optional life insurance plan.

  • in order for an employee to be eligible to purchase optional life insurance they must carry the basic group life insurance.
  •  minimum coverage of $10,000 to a maximum of $250,000.
  • coverage for yourself and/or spouse.
  • first $50,000 for either employee or spouse does not require evidence of health if application is made within 31 days of effective date.
  • effective on the date of hire.
  • termination of coverage is the earliest of the last day employment ends or the last day of the month in which you turn age 70.