Dependent Life Insurance

*All detailed information of this optional insurance can be found in the life insurance booklet for your benefit group

Dependent Life Insurance is an additional life insurance that employees may opt into that provides life insurance for their Spouse ($30,000) and/or Dependents ($15,000/child).

Cost to you: Flat rate of $8.42 per month including 8% PST (effective May 1, 2023)

Spouse: your Spouse by virtue of legal marriage or your common-law spouse of the opposite sex or of the same sex with whom you cohabitate and who is publicly represented as your spouse. At any one time, only one person may be insured as an Employee's Spouse.

Dependents: your or your Spouse's child, who is a resident of Canada or the United States, is not married or in any other formal union recognized by law, excluding a foster child or a child who has attained age 21 (age 25 in the case of a full-time student wholly dependent on you for support). A handicapped Child who attains the limiting age may continue coverage as a Dependent if certain requirements are met.

Termination of Insurance

The benefit ends when the employee turns 70. Your dependent coverage will terminate on the earlier of:

  • the date your insurance ends, other than by death,
  • the date the definition of a Dependent is no longer met,
  • the last day of the third month following the month in which your death occurred,
  • the end of the period for which premium is paid for Dependent insurance.

How It Works

If, while insured, your spouse or an eligible dependent dies, Sun Life will pay the amount of life insurance to you.

Effective Dates of Coverage

Your dependent coverage begins on the date your application is approved. 

Disability Benefit

If you become Totally Disabled while insured and before the 1st day of August following your 65th birthday or your earlier retirement, and your Total Disability continues for an uninterrupted period of 17 weeks, your Life insurance and your Dependents' Life insurance will remain in force during your continued Total Disability without payment of premium. Any amount of insurance continued is subject to the terms of the group policy. You can read more about this in the life insurance booklet for your employee/benefit group. 

Conversion

If your insurance ends, you are entitled, during the 31 day conversion period, to purchase an individual life insurance policy from Sun Life under the terms of the Conversion contained in the group policy. No medical examination is required. A similar Conversion is available to your Spouse. Where necessary in order to comply with applicable legislation, a Conversion is available to your Child.