Fast Track Urgent Care

LIFE AND AD&D INSURANCE

BASIC LIFE INSURANCE AND AD&D

Fast Track Urgent Care provides all benefits eligible employees Basic Term Life Insurance and AD&D at no cost to you ! This benefit is $25,000 Life and $25,000 AD&D. This coverage is through SunLife Financial.

VOLUNTARY LIFE INSURANCE AND AD&D

Fast Track Urgent Care offers employees the option to purchase additional life insurance for yourself. If you purchase additional life insurance for yourself you are also able to purchase life insurance for your spouse and/or your dependent child(ren). This coverage is though SunLife Financial.

HOW MUCH LIFE INSURANCE CAN I PURCHASE?

You may purchase life insurance for yourself in $10,000 increments, for as little as $10,000 and as much as $500,000.

You may purchase life insurance for your spouse in $5,000 increments, for as little as $5,000 and as much as $250,000 (not to exceed 50% of your voluntary life insurance benefit).

You may purchase life insurance for your child(ren) in $1,000 increments, for as little as $2,000 and as much as $10,000 (not to exceed 50% of your voluntary life insurance benefit). The cost to cover multiple children is the same as the cost to cover one, if you cover one child you must cover all eligible children.

WHAT’S GUARANTEE ISSUE?

Guarantee Issue (GI) is the amount you can purchase as a newly eligible employee and at this year’s open enrollment without having to provide evidence of good heath (Evidence of Insurability (EOI)).

The GI for yourself is $100,000. The GI for your spouse is $50,000 (not to exceed 50% of your voluntary life insurance benefit). The GI for your child(ren) is $10,000 (not to exceed 50% of your voluntary life insurance benefit).

WHEN WOULD I NEED TO SHOW EVIDENCE OF GOOD HEALTH TO GET LIFE INSURANCE?

If you elect a benefit over GI as a new hire, a benefit outside of your newly eligible period, or an increase to your current benefit you will be required to provide Evidence of Insurability (EOI). Completed EOIs should be submitted to SunLife Financial directly.

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