PLAN DESIGN OPTIONS

Plan Design Options Available to Participating CUs

The National Financial Co-operatives Group Benefits Plan offers:

Basic Group Life

• your credit union can choose between one, two and three times salary life coverage.

Accidental Death, Disease & Dismemberment and Critical Disease and Dismemberment form part of the Basic Group Life package.

Optional and Dependent Life Insurance

• In addition to the group life package, your organization can choose to offer additional optional life insurance to its employees, spouses and their dependents at very attractive rates.

Long-term Disability

• Participating organizations benefit from state-of-the-art disability claims management strategies all designed to support credit unions in effectively managing employee illness.
• the ASSIST program The Co-operators - ASSIST Program and
• Best Doctors The Co-operators - Best Doctors
• Your organization has a variety of waiting periods to choose as well it can choose between taxable and non-taxable coverage.

Weekly Indemnity

• Your organization may wish to offer short-term disability coverage to bridge the gap between the employee taking ill and long-term disability coverage.

Extended Health and Dental Benefits

• Participating credit unions choose their benefits from a comprehensive smorgasbord of health and dental options, including health spending accounts, to choose from. Please contact the CUIS Call Centre for more details and support in choosing the best options for your credit union employees.