Spouse Optional
Life Insurance
You can buy optional life
insurance coverage for your spouse in units of $10,000 up to a maximum of $250,000.
You must provide evidence
of insurability for your spouse for any initial amount and for any amount in
excess of your current coverage. Your spouse must then complete and submit the
form that will be presented at the end of the process. Any increase in coverage
comes into effect when the application is approved. Payroll deductions
associated to this increase will also begin at the same time.
The cost of optional life insurance
depends on your spouse’s age, sex and whether or not your spouse is a smoker.