Basic Plan

The following benefits are available to eligible individuals who are less than the age of 75 and are working a minimum of 20 hours per week.  For eligible individuals who are retired, only the Extended Health and Dental benefits would be applicable with additional limitations. Note: Those age 65+ are not eligible for LTD.

Life Insurance: 

The plan provides for life insurance in the amount of $25,000 for the member, if married $15,000 for their spouse and $10,000 for each dependent child.

Accident Insurance: 

The plan provides the plan member basic accident insurance that will provide $200,000 if the death of the insured if caused by accidental means.  This coverage will also provide payment in varying amounts for permanent injury.  This is only for the plan member.  Voluntary Accident Insurance is available for an additional fee for dependents.

Long Term Disability:

This benefit will provide, up to a maximum of $6,000 per month, 2/3 of the insured's salary should they become disabled due to accident or illness for more than 120 days.

Extended Health Benefit: 

This benefit will provide for 100% of the cost of prescription medications less the dispensing fee and a number of other medical procedures up to calendar year or monthly maximums.  We currently have a two tier system for prescription drugs.  Most of our prescriptions are covered at the pharmacy, however, if they are not covered there, they may qualify for a mail-in or online reimbursement.  For retired members there is a $15,000 lifetime maximum on benefits payable under this benefit.

Dental Benefit

Subject to the plan limitations this benefit will pay 90% of the cost of basic dental procedures, reimbursed on the basis of the current fee schedule in the province of residence and 50% of the cost of major items such as bridges, crowns and false teeth.  No coverage will be provided for bridges or dentures unless a tooth is extracted at the time of treatment ("missing tooth exclusion").  This plan also covers $1,500 matching funds for dependent minors for orthodontic coverage.

Vision Benefit

The plan provides $200 every 24 months for eyeglasses, contact lenses or laser surgery.

NOTE:  This information only summarizes the principal features of the program, which is governed by the terms of the insurance contracts with Great-West Life Assurance Company and ACE INA Insurance.