CHF Canada and Morneau Shepell have developed a framework of Group Life Insurance coverage to meet the needs of staff. This cost-effective insurance allows each employee to ensure their financial security and their family's well being.
Features of the Basic Life Insurance benefit:
Living assistance benefit is available as an advance payment of your Basic Life Insurance in cases of terminally ill employee under age 65.
Employees' circumstances and therefore their life insurance needs will vary. Optional Life Insurance allows an employee to purchase additional protection at their own expense through payroll deductions, which is a low cost alternative to personal insurance policies or mortgage insurance. Optional Life Insurance is available with the following plan features:
Rates for Optional Life Insurance can be obtained by contacting Morneau Shepell.
The volume purchasing arrangement available through the CHF Canada group plan enables members to obtain competitive rates for this benefit.
Note: The Employee Family Assistance Program benefit will be available to all employees and their dependents, regardless of option selected.
This summary is intended to provide a brief description of the benefits available under the CHF Canada group insurance program. This material does not create or confer any rights. The exact terms and conditions of your benefits are outlined in the applicable group benefits agreements or policies. Some restrictions and/or limitations may apply to all benefits mentioned above.