Highlights
Current coverage
| For you | Basic Life Insurance Plan | Optional Life Insurance Plan | |
| Coverage | 1 x your annual base salary | 1, 2, 3 or 4 x your annual base salary | |
| Maximum benefits | $200,000 | PLUS | $200,000 for optional coverage $400,000 for optional coverage $600,000 for optional coverage $800,000 for optional coverage |
| Cost | Concordia pays 100% of the cost |
You pay 100% of the cost |
| For your eligible dependents | Optional Life Insurance Plan - Coverage |
| Your spouse | $10,000 to $100,000 (in units of $10,000) |
| Each dependent child | $2,500 to $25,000 (in units of $2,500) |
| If you cover both your spouse AND dependent children | Note: for each $10,000 of coverage you buy for your spouse, each of your dependent children is automatically covered for $2,500 |
| Cost | You pay 100% of the cost |
Proof of good health (initially a medical questionnaire) will be required for certain levels of coverage and depending on when you enrol.
