| LIFE, AD&D AND DEPENDENT LIFE |
|
|
Options available |
|
|
| Basic Life Insurance |
|
- Various multiples of earnings
- Flat amounts (minimum $10,000)
- Reduction: 50% at age 65 |
|
- Termination at age 65, 70 or earlier retirement
-Benefit Maximum: $ 1,000,000 |
|
| Accidental Death and Dismemberment Insurance |
|
- Same as basic life amount
- "Loss Of" and "Loss of Use" benefits" are included |
|
- 2 x life amount is available |
|
| Dependent Life Insurance |
|
- Spouse: From $2,000 to $25,000
- Child: 50% of spousal coverage |
|
- Effective coverage: From birth or after 24 hours |
|
| Optional Life Insurance |
|
- Coverage in increments of $10,000 |
|
- Available for employee and spouse |
|
| Optional AD&D |
|
- Same as optional life insurances |
|
|
| DISABILITY INSURANCE |
| Short Term Disability |
 |
Percentage of salary |
|
Waiting & Benefit Periods |
|
|
- 50, 55, 60% of weekly salary |
|
- Accident: 0, 3, 7, 14 or 30 days |
|
|
- 66.67% of 1st $500 of weekly salary, |
|
- Sickness: 3, 7, 14 or 30 days |
|
|
50% of next $500 & 40% of balance |
|
- First day of hospitalization available |
|
|
(if non-taxable plan) |
|
- Benefit period: 15, 17, 26 or 52 weeks |
|
|
- 70 or 75% of weekly salary (if taxable plan) |
|
- Maximum amount: $ 1,500 |
|
|
|
|
Termination: at age 65, 70 or earlier retirement |
|
| Long Term Disability |
|
Definition of Total Disability
• Any occupation or own occupation: 24 months, 5 years, to age 65 (subject to conditions) |
|
Waiting Period
15, 17, 26 or 52 weeks |
|
|
Percentage of salary
• 50, 55, 60 or 66.67% of monthly salary
• 70 or 75% of monthly salary (taxable plan)
• 66.67% of 1st $2,250, 50% of next $3,500 & 40% of balance (non-taxable plan) |
|
Benefit Period
• 2 years, 5 years, or to age 65 |
| EXTENDED HEALTH CARE INSURANCE |
Health Care -
Drug Expenses |
|
Deductible
From $0/$0 up to $500/$1,000 or drug card deductible available:
$1, $2, $5, $7.5
or Dispensing Fee deductible |
|
Options
• Smoking cessation aids
• Fertility Drugs/Treatment |
|
|
Drugs
Life sustaining, generic or brand name |
|
|
|
|
Percentage of reimbursement
• 70%, 75%, 80%, 90% or 100% |
|
|
|
| Paramedical and Other Expenses |
|
Deductible
None, separate or combined with drug expenses
Paramedical
Eligible maximum:
• From $250 up to $750 per calendar year
• Professional services available:
Naturopath, Psychologist, Massage Therapist, Speech Therapist, Physiotherapist, Osteopath, Chiropractor, Podiatrist, Acupuncturist |
|
Options
Eyeglasses and contact lenses - 100% reimbursement and not subject to deductible
Maximum 24 months/person
$75, $100, $150, $200 or $ 250
Nursing Care
Eligible maximum per calendar year: $5,000 or $10,000 |
|
Hospitalization
Expenses |
|
Hospitalization:
• 100% reimbursement and not subject to deductible
• or match the Health Care Deductible |
|
_ Options: Semi-private room, semi-private and private room, or not covered |
|
| Out-of-Country |
|
• 100% reimbursement |
|
• Maximum coverage: $ 1,000,000 |
| DENTAL CARE INSURANCE |
| Dental Plan |
|
Deductible
• From $0/$0 up to $200
Options
• Basic Dental
• Endodontics and Periodontics
• Major Restorative
• Orthodontics |
|
Annual Maximums:
• $500, $750, $1,000, $1,500 or unlimited (preventive only)
• The orthodontic lifetime maximums are:
$1,000, $1,500 or $2,000
Frequency
Recall oral examination, polishing, scaling and fluoride treatment, every:
6 months, 9 months or 12 months |
|
SERVING EMPLOYEE BENEFITS & GROUP RETIREMENT PRODUCTS NEEDS
|
|
|
|
|
|
|
|
|
|
|
