Introduction
Welcome to Your Group Insurance Plan
We are pleased to provide you with a comprehensive package of group insurance benefits provided by your plan sponsor through Co-operators Life Insurance Company. Your group benefit plan provides valuable security in the event of sickness or death. This booklet outlines your benefit plan as of the date shown on the cover.
This booklet outlines the general coverage information for your group benefit plan. We encourage you to read and understand the benefits that your plan sponsor is providing for you and save this booklet in a safe place. If you have any questions, please contact your plan sponsor or the person who administers your group benefit plan.
Your plan administrator is responsible for making sure that all Members are covered for the benefits they are entitled to by submitting all required premiums, reporting all new enrolments, terminations, any salary or benefit changes and by keeping all records up to date.
As a member of this Group Benefit Program, it is up to you to provide your plan sponsor/plan administrator with the necessary information to perform such duties.
This booklet is meant to provide general information about your group benefit plan. It is not a legal contract. The master Policy G.42421 issued by Co-operators Life Insurance Company to Labourers’ Local 493 Welfare Trust Fund determines the benefits, amounts and effective dates that apply to you and shall be the final basis for the settlement of all claims. Where there is a discrepancy or conflict between the description in this booklet and the Policy, the terms and conditions of the Policy prevail.
Your plan sponsor reserves the right to amend, modify, qualify, reduce, suspend or terminate any of the benefits provided under the master group policy and/or plan covering Members and if applicable former Members, including retirees, at any time, including after a Member’s retirement.