WHAT YOU NEED TO KNOW
Life and Accidental Death & Dismemberment (AD&D) Insurance is just-in-case insurance. Because life happens, it’s better to be prepared.
Life Insurance
You’re automatically enrolled in Basic Life Insurance at 2x your base salary, up to a maximum of $600,000. This is 100% company paid.
You also receive Dependent Life Insurance coverage for your spouse equal to $10,000 and coverage for your eligible children equal to $5,000. This is also 100% company paid.
Accidental Death & Dismemberment (AD&D) Insurance
AD&D Insurance pays a benefit if you pass away in an accident or if you suffer certain losses or injuries because of an accident. You’re automatically enrolled in Basic AD&D at 2x your base salary, up to a maximum of $600,000.
Optional Life and AD&D Insurance
If you need additional financial protection, you can purchase Optional Life Insurance and Optional AD&D Insurance through your Group Benefits plan. Optional coverage is available for you, your spouse, and your dependent children, allowing you to tailor your protection to meet your family's needs.
Considering Optional Coverage? Before purchasing Optional Life Insurance or Optional Critical Illness Insurance, review this Manulife guide to help you better understand your options.
Protecting Your Loved Ones
Selecting a beneficiary for your Life Insurance and AD&D Insurance helps ensure your benefit goes to the people or organizations you choose. Taking a few minutes to name your beneficiaries, and keeping your choices up to date, can provide peace of mind and help protect the people who matter most. Log in to Manulife to select or update your beneficiaries.
Québec residents: If you name your married or civil-union spouse as your beneficiary, the designation may be irrevocable unless you specifically indicate that it is revocable. An irrevocable beneficiary must generally consent before you can change the designation.
Claiming Your Benefit
In the event of your passing, your designated beneficiary will need to submit a claim to receive the Life Insurance or AD&D benefit. Your Corporate Benefits Team will assist in guiding your beneficiary through the claims process. Claims should be submitted as soon as possible.
If you are covered by a collective bargaining agreement, check your union contract, as eligibility and benefits might be different for each program.
