Family
With this optional coverage, you can offer protection to employee spouses and eligible dependants.

What is it?

Help your employees feel secure in knowing that in the event of the death of a dependant, financial support can be made available. The lump sum payout helps the family to cover funeral costs and any outstanding debts they may have.

Dependant life insurance is optional and if chosen, spouses will automatically be assigned $10,000 of insurance. 

How will it benefit my employees?

Your employees will rest assured knowing they’re financially prepared in the event of a dependant’s death.

How does it work?

Your employees will be the beneficiary for a lump sum payment in the event of a dependant’s death.

Dependant life insurance provides a death benefit to the employee. Coverage continues up to age 71.