Amount of Optional Life Insurance a) Participant The participant can take out from one to 10 units of $25,000 of Optional Life Insurance. 001008-001010 – The Fédération nationale des enseignantes et des enseignants du Québec-CSN Contract (administrative version) January 1, 2022 30 Beneva designates La Capitale Civil Service Insurer Inc. as insurer. The maximum amount of Optional Life Insurance is $250,000, including any amount held before January 1, 2013. Any employees participating in this benefit before January 1, 2013, maintain the amount of insurance held on that date (amount based on units of $20,000). However, if they wish to add or remove any units to or from the amount currently held, these units will be worth $25,000 and the new amount will be rounded to the nearest multiple of $25,000, up to the maximum amount of $250,000.
Amount of Optional Life Insurance a) Participant The participant can take out from one to 10 units of $25,000 of Optional Life Insurance. The maximum amount of Optional Life Insurance is $250,000, including any amount held before January 1, 2013. Any employees participating in this benefit before January 1, 2013, maintain the amount of insurance held on that date (amount based on units of $20,000). However, if they wish to add or remove any units to or from the amount currently held, these units will be worth $25,000 and the new amount will be rounded to the nearest multiple of $25,000, up to the maximum amount of $250,000.
