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OMA 70+ DI coverage option

Eligibility

To be eligible for this benefit, a member must meet all of the following conditions:

  • Be insured under one or a combination of OMA DI policies 2718, 5997 and 17849

  • Have active DI coverage held in the 69th year and working a minimum of 25 hours a week

  • Be a member in good standing of an eligible association

  • Make application in a form satisfactory to the company no later than Aug. 31

  • Reside in Canada on the date of his/her application and the application must be signed and delivered in a province or territory other than Quebec

  • Receive the Certificate of Insurance in a Canadian province or territory other than Quebec

Monthly Disability income benefit limit

A monthly disability income benefit between $500 and $10,000

The lesser of $10,000 or their current combined DI coverage amount under all OMA DI policies 2718, 59997 and 17849 will be available under this plan without proof of good health. The maximum coverage amount is $10,000 from all sources in effect or currently applied for. Reference to Income Ratio Guide for Insured to validate level of coverage entitled to.

Maximum benefit period

12 months, if disabled on or after 70th birthday

Elimination period

90 days

Plan provisions provided

Presumed Total Disability, Transplant Donor or Cosmetic Surgery, Survivor Benefit, Return to Work Assistance, Waiver of Premium

Plan limitations

All insurance issued under this plan shall be subject to the integration provision set out in section IV of policy 17849. Benefit payment will be made relative to the income earned in either the 12 months or calendar (tax) year immediately preceding a claim

Tax – status

Non-taxable

Rates

Yearly renewable — step rates, age, sex at birth and smoking status


OMA Disability Insurance is underwritten by Sun Life Assurance Company of Canada. Sun Life Assurance Company of Canada is the insurer of this product and is a member of the Sun Life group of companies. For inquiries, please call Sun Life’s Client Care Centre at 1-800-758-1641, Monday to Friday, 8 a.m. to 8 p.m. ET. or visit www.sunlife.ca.

For complete details regarding coverage, please see the terms and conditions of Policy 17849. If there is any conflict between this document and the wording of the policies (or the certificate), the wording of the policies will govern. A copy of the policy may be requested.

Premium rates and discounts are not guaranteed and are subject to change upon notice.

Exclusions and limitations may apply.

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