Annual Member Update
This Update has been prepared for ONE-T P/VP Members so you can learn about the key highlights from 2024 and what’s coming up for the Plan in 2025.
Principals/Vice-Principals (P/VP)
Converting your life insurance
If your coverage through the ONE-T plan ends, you may be able to convert your life insurance into an individual policy with Canada Life, without having to provide proof of good health.
To qualify, you must:
If Canada Life approves your application, the maximum amount you can convert to an individual policy is $200,000 (including both your basic and optional life insurance).
You can view the Plan Booklet for more details about life insurance and the conversion option – and what’s available for your spousal life insurance, if applicable.
Looking to convert? Here’s how:
This Update has been prepared for ONE-T P/VP Members so you can learn about the key highlights from 2024 and what’s coming up for the Plan in 2025.
In October 2024, we held a series of webinars and received a lot of great questions from Members. We have summarized and answered all of these questions in a new Q&A document.
As we near the end of 2024, we want to be sure that key Plan information stays fresh in your mind – so you can make the most of your benefits, whenever you may need them.
© 2024 Ontario Non-union Education Trust