Page 10 - Skyworks Solutions, Inc. Canada Benefit Guide
P. 10
Risk Insurance
Basic Life, Basic AD&D, and dependent life insurance benefits are paid for you by Skyworks. Short and
Long-Term Disability are also provided at your expense. Please assign a beneficiary on the Manulife
enrollment form and return it to HR Global Services. Skyworks also provides Business Travel Insurance
to provide protection while traveling domestically or internationally. The following pages include more
information on each of these benefits.
Life Insurance
Basic Life Insurance - Skyworks provides free life These are a general summary of benefits. For a
insurance equal to two times the basic annual more detailed description including any exclusions
earnings up to a maximum of $500,000. Age or limitations, refer to the One Connect.
reductions apply beginning at age 65. Benefits end
at the earlier of age 70 or your retirement.
Dependent Life Insurance – Skyworks provides
$10,000 of coverage for your spouse and $5,000 of
coverage for each dependent child. Benefits end at
the earlier of age 70 or your retirement.
Terminating employees have the option of
converting these group policies to an individual
whole life policy at individual rates.
Accidental Death & Dismemberment
Insurance
Basic Accidental Death & Dismemberment These are a general summary of benefits. For a
Insurance (AD&D) - Skyworks provides free AD&D more detailed description including any exclusions
insurance equal to two times the basic annual or limitations, refer to the One Connect.
earnings. Age reductions apply beginning at age
65. Benefits end at the earlier of age 70 or your
retirement. These benefits are provided through
Chubb.
Terminating employees have the option of
converting these group policies to an individual
whole life policy at individual rates.
Skyworks Solutions Employee Benefits Guide - Canada 10