Basic Accidental Death & Dismemberment Policy
Faculty Basic Accidental Death & Dismemberment
The plan provides $10,000 of Accidental Death and Dismemberment protection to eligible employees. The insurance is payable in the event of a death or dismemberment while in the employ of Simon Fraser University. There is no cash value upon termination, however, conversion privileges are available. If converting to an individual plan, conversion must be applied for and in place within 30 days of termination of the group coverage.
A Faculty member of the rank of Lecturer or higher, including Professional Librarians, Laboratory Instructors, Recurring Limited Term and Short-Term appointments.
Effective Date of Coverage
All employees listed under "Who is Eligible" will automatically be enrolled on the first day actively at work.
The premiums are paid by the University.
Termination of Coverage
Insurance ceases on the earlier of the date, your employment ends, or age 65.
Any persons(s) or organization (charity, church, university etc.) can be named as beneficiary. If appointing a beneficiary under the age of majority, a declaration appointing a trustee must also be completed.