Although it’s never easy to think about the unexpected, planning ahead brings peace of mind. Life and Accidental Death & Dismemberment (AD&D) Insurance helps protect you and your loved ones financially if a serious injury or loss of life occurs. These benefits are administered by Industrial Alliance (IA).
You are automatically enroled in Company-provided Life and AD&D insurance coverage equal to 2x your annual base salary, rounded to the next thousand up to a maximum of $500,000 (or $750,000 with Evidence of Insurability, or proof of good health).
If you have a dependent on your plan, you are automatically enroled in Dependent Life Insurance, which includes $10,000 of coverage for your spouse and $5,000 for each child.
For additional information, contact IA at 1-877-422-6487 and choose the ExtensiA option.
Take Time to Make Your Beneficiary Designations
Make sure your beneficiary designations are up to date, so that, if the worst happens, your life insurance is distributed according to your wishes. To review your beneficiary designations, log on to ia.ca/extensia.