Survivor benefits for EHC/Dental and Long-Term Disability

There are two main types of survivor benefits: Extended Health/Dental Survivor Benefit, which most plans have automatically, and the optional LTD Survivor Benefit.

What’s included: Extended Health and Dental Survivor Benefits

When a family suffers the loss of a loved one, the survivor benefit helps provide some financial relief. Typically, our group insurance policies include a 24-month survivor benefit for dependent spouse/children in the event of the employee’s death.

With Extended Health and Dental care benefits, if an employee dies, their insured dependents are covered for 24 months from the date of the employee’s death, without payment of premiums, if all the following apply:

• The group policy remains in force
• The dependent does not become eligible for benefits under any other group insurance plan as either an employee or dependent
• The dependent remains eligible as defined in the group policy

Add optional Long-Term Disability Survivor Benefit to your plan

Group plan sponsors can choose to add a Survivor Benefit to their LTD plan.

If an employee dies while receiving Long Term Disability benefits, Co-operators Life pays a lump sum to the employee’s beneficiary. The benefit amount is chosen by the group policyholder: 1, 2, 3 or 6 times the last LTD benefit amount less any overpayment. The beneficiary for this benefit is the same beneficiary the employee assigned for the Basic Life benefit if they have life coverage; if not, the benefit is payable to the employee’s spouse or estate.