Optional Life Insurance - Employee

If basic life insurance coverage is not enough to meet your needs, you can buy optional life insurance coverage in units of $10,000 up to a maximum of $500,000.

The cost of this benefit is paid through payroll deductions. This cost depends on your age, your sex and whether or not you are a smoker.

You must provide evidence of insurability for any initial amount and for any amount in excess of your current coverage. You 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.