Basic Life Insurance – Employee

 

Amount of insurance for the employee: 1 time annual salary rounded to the next higher $1,000

Maximum: $1,000,000

Reduction: 50% at 65 years old, minimum $1,000

Termination of benefit: Your 70th birthday or retirement if earlier

Beneficiary: Clicking on the « Confirm » button at the end of your enrollment is considered by Blue Cross as an electronic signature. You do not have to return a signed form. However, a beneficiary designation form will be available at the end of your enrollment for your records.