Compulsory Insurance
$50,000 Term Life and $50,000 Accidental Death and Dismemberment per member. Premium paid by School Board from E.I. rebate. $7.40 The rate is (Section 14.01).
Option A1 – Member Life Insurance, Member Accidental Death & Dismemberment, Dependent Life Insurance
- Coverage – Member Life Insurance – $100,000
- Member Accidental Death & Dismemberment – $100,000
- Dependent Life Insurance – $ 10,000 on Spouse; $ 5,000 Each Dependent Child
| (A) Single Only Teacher | - $13.00 Per Month | $11.80 for Life $ 1.20 for AD & D |
|
| (Shared by Employer) School Board | - $13.00 Per Month | $11.90 for Life $ 1.10 for AD & D |
|
| (B) Family Teacher | - $13.97 Per Month (member only) | $12.77 for Life $ 1.20 for AD & D |
|
| (Shared by Employer) School Board | - $13.97 Per Month | $12.87 for Life $ 1.10 for AD & D |
Option A2 – Optional Life Insurance
- Coverage – In units of $5,000 up to a maximum of 20 units (Maximum of $100,000)
- Spouse coverage is 25% of member coverage
- By application only
- Must be enrolled in Basic Life to be eligible
Monthly Premium Per Units of $1,000:
| Up to 24 | $ .063 | $ .075 |
| 25 - 29 | $ .066 | $ .079 |
| 30 - 34 | $ .066 | $ .079 |
| 35 - 39 | $ .075 | $ .091 |
| 40 - 44 | $ .107 | $ .130 |
| 45 - 49 | $ .175 | $ .216 |
| 50 - 54 | $ .310 | $ .385 |
| 55 - 59 | $ .516 | $ .643 |
| 60 - 64 | $ .760 | $ .948 |
| 65 - 70 | $ 1.265 | $ 1.585 |
The Employer does not share in the cost of A2
Option A3 – Voluntary Accidental Death And Dismemberment
Coverage:
- In Units of $10,000 to a maximum of $500,000
- Spouse coverage is 50% of member coverage
- Dependent child coverage is 10% of member coverage
- Spouse coverage with no dependent children is 60% of member coverage
- Dependent child coverage with no spouse is 20% of member coverage
- Full coverage to age 65. $100,000 of coverage to age 75
- Loss of limb(s), speech and hearing, paralysis
- Repatriation Benefit
- Common Disaster Benefit
- Educational Benefit
- Seat Belt Benefit
- Hospital Indemnity Benefit
Cost:
| 10,000.00 | 0.23 | 0.38 |
| 30,000.00 | 0.69 | 1.14 |
| 50,000.00 | 1.15 | 1.90 |
| 70,000.00 | 1.61 | 2.66 |
| 100,000.00 | 2.30 | 3.80 |
| 150,000.00 | 3.45 | 5.70 |
| 200,000.00 | 4.60 | 7.60 |
| 250,000.00 | 5.75 | 9.50 |
| 300,000.00 | 6.90 | 11.40 |
| 350,000.00 | 8.05 | 13.30 |
| 400,000.00 | 9.20 | 15.20 |
| 450,000.00 | 10.35 | 17.10 |
| 500,000.00 | 11.50 | 19.00 |
The Employer does not share in the cost of A3
Option B1 – Health Insurance
Coverage:
- 80% of paramedical to a maximum of $70. per treatment ($56 reimbursement) 20 treatments per year with exception of Physiotherapy, which is unlimited
- 80% of most health care expenses, i.e. Home R.N. maximum of $6,000 per calendar year, maximum reimbursement $4,800
- Vision care 80% for frames and lenses to a maximum of $250 ($200 payment) per 24 consecutive months, 12 consecutive months if under age 18. Laser eye surgery 80% of $1,500 lifetime maximum ($1,200 reimbursement)
- Prescribed drugs with 80%/20% maximum $10.00, co-pay with drug card (mandatory Generic Substitution)
- Psychologist 80% of $125 per treatment ($100 reimbursement) 20 treatments per year
- Vaccines $500 per year
| (A) Teacher Only | Teacher | $ 64.26 | |
| School Board | $ 64.28 | ||
| (B) Family | Teacher | $ 179.92 | |
| School Board | $ 179.94 |
Option B2 – Dental Insurance Plan
Coverage:
- 80% of the current fee guide
- Maximum of $2,000 per person per calendar year
- Includes diagnostic, preventative, oral surgery, periodontal, restorative minor, endodontics, dental repairs. Also includes major restorative (crown, bridges, dentures) at 50% coverage to an annual maximum reimbursement of $1,000
- Orthodontics (braces) 50% coverage to a lifetime maximum reimbursement of $3,000
| (A) Teacher Only | Teacher | $ 30.60 | |
| School Board | $ 30.61 | ||
| (B) Married | Teacher | $ 57.32 | |
| School Board | $ 57.32 | ||
| (C) Family | Teacher | $ 68.84 | |
| School Board | $ 68.83 |
Option C – Long Term Disability
Coverage:
- 60% salary, to a maximum of $8,000 a month, while totally disabled; benefit is non-taxable
- Integrated with CPP and Teachers’ Pension Plan
- Benefit payments commence after the greater of 120 calendar days or accumulated sick leave
- 1% cost of living adjustment each year
Cost:
- 1.346% of gross salary
The Employer does not share in the cost of C
In addition to the above, the following are available on an individual basis (non-group).
Option C1 – Critical Illness
A. Basic Critical Illness
- $10,000 – $5.22 monthly
B. Optional Critical Illness Member or Spouse
- Up to $300,000 in $10,000 Unit
C. Dependent Child
- $10,000 – $5.53 monthly
| Under 25 | 1.21 | 1.03 | 1.16 | 1.04 |
| 25 - 29 | 1.40 | 1.15 | 1.39 | 1.21 |
| 30 - 34 | 1.91 | 1.42 | 2.01 | 1.68 |
| 35 - 39 | 3.00 | 1.85 | 3.12 | 2.38 |
| 40 - 44 | 5.28 | 2.85 | 4.92 | 3.54 |
| 45 - 49 | 9.13 | 4.82 | 7.75 | 5.33 |
| 50 - 54 | 15.55 | 8.14 | 12.09 | 7.87 |
| 55 - 59 | 25.64 | 13.13 | 18.42 | 11.06 |
| 60 - 64 | 38.40 | 20.53 | 26.08 | 15.04 |
| 65 - 69 | 50.78 | 29.14 | 36.40 | 22.06 |
| 70 | 66.42 | 38.38 | 44.22 | 26.18 |
| 71 | 72.26 | 41.94 | 47.48 | 27.78 |
| 72 | 78.22 | 45.58 | 50.78 | 29.50 |
| 73 | 84.32 | 49.30 | 55.36 | 32.42 |
| 74 | 90.54 | 53.10 | 59.94 | 35.42 |
Option D – Automobile Insurance
By Application to Belairdirect.
Option E – Home Insurance
By Application to Belairdirect.
When purchasing home and/or auto insurance please “shop” around for the best price.
Home and premiums are not deducted from salary cheques.
RETIRED TEACHERS’ GROUP INSURANCE COVERAGE
Option A1 – Basic Life Insurance
Coverage:
- $100,000. Life
- $100,000. Accidental Death and Dismemberment
Family Coverage – On Life Portion Only:
- $10,000. Spouse
- $5,000. Dependent Children
Same coverage as active teachers
No cost sharing – retired teachers pay full premiums
| Single: $26.00 | $ 23.70 for life |
| $ 2.30 for AD & D | |
| Family: $27.94 | $ 25.64 for life |
| $ 2.30 for AD & D |
Available until age 65 only then coverage drops to $15,000. Life only at cost of $0.897 per $1,000 or $13.46 for $15,000.
Option A2 – Optional Life Insurance
- Same coverage as active teachers.
- Units of $5,000 to a maximum of $100,000.
- Coverage terminates at age 65.
- Premiums based on age.
- Premium will change with age whether you retire or not.
- Spouse: 25% of the member coverage.
- Monthly cost per $1,000.
| 45-49 | .175 | .216 |
| 50-54 | .310 | .385 |
| 55-59 | .516 | .643 |
| 60-64 | .760 | .948 |
Option A3 – Voluntary Accidental Death and Dismemberment
- Coverage and premiums same as active teachers
- Available in units of $10,000 to a maximum of $500,000
- Spouse coverage is 50%, 60% if you have dependent children
- Child coverage is 10%, 20% if you do not have a spouse
- Full coverage available until age 65
- At age 65, maximum coverage drops from 300,000 to 100,000 and is available until age 75
- Monthly cost per units of $10,000: Member $0.23 – Family: $0.38
Option B1 – Health and Hospital Coverage
- Coverage same as active teachers until age 65. At age 65, members must join the provincial senior drug plan. Any drugs covered by the provincial senior drug plan are no longer covered by our plan.
- No cost sharing.
- Coverage is available for life and can be picked up by surviving spouse.
- If coverage is dropped, it can only be reacquired with proof of insurability.
- Retired teachers pay full premiums.
- SINGLE: $143.65 | FAMILY: $293.52
Option B2 – Dental Coverage
Dental coverage is not available to retired teachers.
Critical Illness Coverage
| 55 – 59 | 25.64 | 13.13 | 18.42 | 11.06 |
| 60 – 64 | 38.40 | 20.53 | 26.08 | 15.04 |
| 65 – 69 | 50.78 | 29.14 | 36.40 | 22.06 |
| 70 | 66.42 | 38.38 | 44.22 | 26.18 |
| 71 | 72.26 | 41.94 | 47.48 | 27.78 |
| 72 | 78.22 | 45.58 | 50.78 | 29.50 |
| 73 | 84.32 | 49.30 | 55.36 | 32.42 |
| 74 | 90.54 | 53.10 | 59.94 | 35.42 |
N.B.: All Premiums are reviewed in June each year and are subject to change effective October 1.