Summary of Coverage Available

Life Insurance

Coverage in units of $7,500 to a maximum of 364 Units ($2,730,000)

At age 65: unit value reduces to $3,750, to a maximum of 364 units ($1,365,000)

At age 70: unit value further reduces to $2,100, to a maximum of 10 units ($21,000)

Coverage expires at age 75

Dependents’ Life Insurance

Basic coverage (Plan A)

Spouse: $11,000; each dependent child: $5,500
Coverage expires at member’s age 70

Spouse’s Insurance (Plan B)

Units of $7,500 to a maximum of 364 units ($2,730,000)
At age 65: units reduce to $3,750, to a maximum of 364 units ($1,365,000)
Coverage expires at spouse’s age 70

Extended Health

Ambulance and Semi-Private Hospital Coverage

Travel Coverage

Vision Coverage

80% coverage for supplementary health items such as:

formulary drugs
non-formulary drugs ($1,000 annual maximum per family, per calendar year)
private/duty nursing ($3,000 maximum per calendar year)
paramedical practitioners ($750 per person, per practitioner, per calendar year)

Dental Insurance

80% Basic Dental (Includes periodontics and endodontics) with a 6 month recall

50% Major Dental (Combined Basic & Major maximum of $1,500 per person per calendar year

50% Orthodontics (braces must be placed before the attainment of age 17; payments can continue to be paid while 18 years of age but ceases upon attainment of age 19) with $1,500 lifetime maximum

Accident Insurance

Member Only Plan: units of $10,000 to a maximum coverage of $500,000

Member and Family Plan: units of $10,000 to a maximum coverage of $500,000

Spouse: 50% of member’s coverage

Each dependent child: 15% of member’s coverage, to a maximum of $50,000 per dependent child

Coverage ends at member’s age 70

Office Overhead Expense Insurance

Monthly coverage in units of $100 ($300 minimum, $10,000 maximum).

Coverage expires at age 70

Disability Income Insurance

Monthly coverage in units of $100 ($600 per month minimum, $15,000 per month maximum)

Coverage is subject to medical and financial underwriting.