Life and Health Insurance

Reminder: Addition of a death benefit payment option

Good news! As of May 15, 2017, a new payment option is offered to individual life insurance beneficiaries. They may request that all or part of the death benefit be transferred to an SSQ investment product.
 
Offered for benefit amounts of $50,000 and above, this new addition also makes it possible to introduce the financial security advisor to the beneficiary (ies). The advisor's involvement is recommended in order to guide the beneficiary in his or her investment choices and to complete the application in a good and proper manner.
 
A new form Death – Claimant statement (FIND0264A) is created to reflect the addition of the new payment option. You will find the form on our individual life insurance secure website and in the next version of the illustration software.

In addition, please note that the Physician statement (FIND0265FA), which was previously attached to the Claimant statement, is now a separate form that is also available on the secure advisor website.

For any questions, contact your SSQ representative.