Page 19 - Omega Benefits Guide

Group Term Life/AD&D

Group Term Life/AD&D provided by Sun Life
 100% Paid by Omega Construction.
 Coverage equal to $15,000 for all eligible full-time employees.

 Group Term Life reduces as you age with the first reduction at age 65 to
65% and at age 70 to 50% of the original benefit amount.
 Includes Accelerated Death Benefit of 75% to a maximum of $500,000 to
be paid if diagnosed as terminally ill (expected to result in death in less than
12 months).
 Includes Conversion—coverage may be converted to an individual policy
when coverage terminates or reduces. Should you leave Omega

Construction, you can continue to pay for and maintain this benefit by
calling 1-800-786-5433.
 Includes Portability – Allows an insured employee to take their group Life
insurance with them or continue with Life insurance under the group when
coverage ends for reasons other than sickness, injury, retirement, or
termination of employer’s plan.

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