Effective December 1, 2019, the coverage of your PSAC Free $5,000 basic life insurance plan will be increasing from $5,000 to $10,000. Coverage will also be extended from 70 years old to 80 for members in good standing. Plus, the accidental death and dismemberment (AD&D) insurance will also be increasing from $5,000 to $10,000.
No action is required on your part because the change in coverage level will be automatically applied to your policy on December 1, 2019.
A new insurance plan certificate confirming the new coverage level will soon be mailed to you. This will replace the previous certificate.