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Your coverage under the basic life insurance planÌýwill continue while you are eligible to receive benefits under the long-term disability (LTD) plan. Your coverage level will be based on the amount elected when you became disabled.

In addition, the cost will be waived while you are receiving LTD benefits — that is, you will not be required to pay for your coverage. This waiver will end if you:

• Are no longer totally disabled as defined in the LTD Plan
• Fail to provide proof of the disability as required by the insurer
• Fail to submit to an examination by a physician designated (and paid for) by the insurer
• Reach age 65 (or retire, if earlier)
• Are incarcerated for a criminal offence for which you are found guilty

Refer to the section Life Events,Ìý"When you retire" for more information.

Your coverage under the optional life insurance planÌýwill continue while you are eligible to receive benefits under the long-term disability (LTD) plan. Your coverage level will be based on your salary when you became disabled.

In addition, the cost will be waived while you are receiving LTD benefits — that is, you will not be required to pay for your coverage. This waiver will end if you:

• Are no longer totally disabled as defined in the LTD Plan
• Fail to provide proof of the disability as required by the insurer
• Fail to submit to an examination by a physician designated (and paid for) by the insurer
• Reach age 65 (or retire, if earlier)
• Are incarcerated for a criminal offence for which you are found guilty

Refer to the section Life Events, "When you retire" for more information.

You are responsible for the full cost of this coverage. See Rate Summary for more information. The cost to you will depend on your age and your chosen amount of coverage. Each time you move to the next age group, your premium will be adjusted accordingly.

As an active employee under age 65, you can purchase or increase your optional life insurance.

Before selecting your coverage under the optional plan, there are a few things you might want to consider:

• Are you currently supporting any dependents? A spouse, children, or both? And to what degree do they depend on your income for financial security?
• Do you require coverage above the basic benefit provided by ´ó·¢²ÊƱƽ̨?
• What other sources of income are available to your survivors: personal insurance policies, mortgage insurance, survivor pension benefits, personal savings, investments, real estate? Will this income be enough?

You will have to provide Evidence of Insurability for any requested increase to your optional life insurance coverage.

If you are an active employeeÌýunder 65

If you are an active employee under 65, you may purchase up to $100,000 in coverage under the optional life insurance plan without providing evidence of good health, provided you purchase your coverage within 60 days of first becoming eligible.

Note:Ìý You cannot purchase or increase optional life insurance coverage after age 65 as an active employee, or if you have retired.

If you miss the 60-day window, or you want to purchase optional coverage in excess of $100,000

If you miss the 60-day window, or you want to purchase optional coverage, you will have to complete an Evidence of Insurability (EOI) form — that is, proof of good health. You must complete a comprehensive questionnaire (Evidence of Insurability form) and send it directly to the insurance carrier for review. Depending on the information provided in the questionnaire, the insurer may require you to undergo a physical examination or other medical tests (at the insurer's expense) before your application can be considered for approval.

You can obtain an Evidence of InsurabilityÌýform directly from the Human ResourcesÌýService Centre by calling (514) 398-4747, or by hrhr [at] mcgill.ca (email). The HR Service CentreÌýwill complete the Policy Holder Statement section of the form andÌýwill forward it to you to complete.ÌýOnce completed, you forward the form directly to the insurance provider.

If you are under age 65 but are on leave

You may apply to purchase optional coverage or increase current coverage, however, coverage will only take effect on the date you return to active work.

You can decrease or cancel your optional life insurance coverage at any time by written request to the HR Service Centre.

If you die by suicide - no matter the circumstances - during the first 12 months of coverage under the Optional Life Insurance Plan (whether purchasing or increasing coverage), no benefit will be paid. Your beneficiary will receive a refund of your premium payments.