Page 22 - Omega Benefits Guide

Voluntary Life Benefits

Voluntary Life with Sun Life

 Benefit amount is $10,000 increments with maximum amount of $500,000
or 5 times annual earnings. Guaranteed Issue amount is $100,000
 Spouse benefit amount is $10,000 increments with a maximum of
$150,000. Guaranteed Issue amount is $30,000.

 Child benefit is $2,500 increments for child(ren) older than 6 months with a
maximum benefit of $10,000 for child(ren) older than 6 months; $250 for
child(ren) 14 days to 6 months.
 Portability (if eligible) can be ported upon termination of active
employment.

 Conversion –coverage may be converted to an individual policy when
coverage terminates or reduces.

Monthly Life Rate per $1,000
(note Spouse's rate is based on Employee's age)
Applicant's Age
15-24 $0.092
25-29 $0.111
30-34 $0.148
35-39 $0.166
40-44 $0.185
45-49 $0.278
50-54 $0.425
55-59 $0.794
60-64 $1.219
65-69 $2.348
70-74 $3.807
75 + $6.124
AD&D Rate $0.030
Vol. Child Rate: Monthly Rate
Vol. Child Life $0.20
Vol. Child AD&D $0.03

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