Optional life insurance
Summary
Optional life insurance for yourself
You can purchase additional life insurance coverage for yourself, up to a maximum of $500,000. If you wish to purchase coverage more than 31 days after becoming eligible, you must provide evidence of good health.
You pay the full cost of this life insurance. Premiums are based on your age, sex and whether you are a smoker.
Optional life insurance for your spouse
You can purchase optional life insurance coverage for your spouse, up to a maximum of $500,000. If you wish to purchase coverage, your spouse must provide evidence of good health.
You pay the full cost of this life insurance. Premiums are based on spouse's age, sex and whether your spouse is a smoker.
Optional life insurance for your dependent children
Optional life insurance for your eligible children provides up to a maximum of $50,000 coverage. You pay the full cost of this life insurance.
Eligibility
- considered a long term staff as defined in policy 47
- regardless of age
You can select either employee, Spouse (must be under age 65), and/or Dependent child optional life coverage.
Premiums
You pay the full cost of Optional Life Insurance.
Premiums for employee
| Age | Male smoker | Male non-smoker | Female smoker | Female non-smoker |
|---|---|---|---|---|
| Under 30 | $0.043 | $0.031 | $0.018 | $0.018 |
| 30-34 | $0.043 | $0.031 | $0.018 | $0.018 |
| 35-39 | $0.073 | $0.043 | $0.031 | $0.025 |
| 40-44 | $0.133 | $0.065 | $0.059 | $0.037 |
| 45-49 | $0.241 | $0.12 | $0.107 | $0.065 |
| 50-54 | $0.377 | $0.21 | $0.173 | $0.114 |
| 55-59 | $0.598 | $0.359 | $0.287 | $0.191 |
| 60-64 | $0.73 | $0.485 | $0.377 | $0.251 |
| 65-70 | $1.422 | $0.998 | $0.643 | $0.451 |
| 71-74 | $3.272 | $2.295 | $1.477 | $1.037 |
| 75-79 | $6.47 | $4.86 | $3.07 | $2.307 |
| 80-84 | $9.341 | $7.509 | $4.885 | $3.929 |
| 85-89 | $13.344 | $11.432 | $7.688 | $6.59 |
| 90-94 | $17.757 | $16.53 | $11.302 | $10.527 |
| 95-99 | $25.064 | $23.395 | $17.558 | $16.397 |
Premiums for spouse
The premiums are based on the smoking habits, age and sex of your spouse. Premiums for spouse are the same as for employees but coverage ends when spouse turns 65.
| Age | Male smoker | Male non-smoker | Female smoker | Female non-smoker |
|---|---|---|---|---|
| Under 30 | $0.043 | $0.031 | $0.018 | $0.018 |
| 30-34 | $0.043 | $0.031 | $0.018 | $0.018 |
| 35-39 | $0.073 | $0.043 | $0.031 | $0.025 |
| 40-44 | $0.133 | $0.065 | $0.059 | $0.037 |
| 45-49 | $0.241 | $0.12 | $0.107 | $0.065 |
| 50-54 | $0.377 | $0.21 | $0.173 | $0.114 |
| 55-59 | $0.598 | $0.359 | $0.287 | $0.191 |
| 60-64 | $0.73 | $0.485 | $0.377 | $0.251 |
Premiums for dependent children
For children, you pay a monthly premium of $0.44 for each unit of $10,000 of coverage.
The above premiums do not include applicable Retail Sales Tax (RST) based on the province of residence (in ON, QC, and MB).
Coverage
Employee coverage
If you wish to purchase coverage after 31 days of becoming eligible, you will have to provide evidence of good health. Your coverage will take effect when Canada Life approves your application.
In the event of your death, the benefit will be paid to your designated beneficiary for Optional Life Insurance or your estate if no such designation is made.
Spouse coverage
Your spouse will have to provide evidence of good health for the purchase of any amounts of insurance. Coverage will take effect when Canada Life approves the application. Coverage will end when your spouse reaches age 65, when you leave the University or you die, whichever occurs first.
You are the beneficiary of your spouse's insurance.
Dependent child coverage
You are the beneficiary of your children's insurance.
Exclusions
- Optional Employee Life Insurance will not be paid to your beneficiary if you commit suicide (while sane or insane) less than one year after purchasing this coverage.
- Optional Spouse Life Insurance will not be paid to you if your spouse commits suicide (while sane or insane) less than one year after purchasing this coverage.
Apply, modify or end your coverage
To apply for this insurance, to modify or end your coverage, login to the Canada Life Secure Site - You will then need the following:
- your contract number, which is 177714
- your certificate number, which is your 9 digit uOttawa employee number, and
- your password. If you do not have a password, you must first sign up online
Help lines
- Via the Canada Life website or
- By phoning the Canada Life customer service hotline at 1-833-794-0225
If you encounter any problems or issues, contact Human Resources at hrinfo@uottawa.ca or 613-562-5832