Group Life & Accidental Death and Dismemberment Insurance
MMW+C offers full-time (minimum 32 hours per week), year-round employees a $10,000 benefit life & AD&D insurance policy through Sun Life Assurance Company of Canada, for the duration of employment with the organization. There is no cost to the employee for this benefit.
MMW+C also offers full-time (minimum 32 hours per week), year-round employees & their dependant(s) additional optional life and accidental death & dismemberment insurance. This additional benefit cost is paid by the employee via a weekly payroll deduction.
Coverage starts the first day of the month following a 30 day waiting period from hire date.
Termination of employer portion of life insurance corresponds with termination of employment. Employee may convert group life coverage to an individual life insurance policy upon termination. Portability allows the insured to continue their group life plan and conversion allows the insured to convert their policy into a whole life plan.