Welcome! This benefit overview is for Dent Wizard Canada employees. Please see the benefits listed below available to you and your family (if eligible). For full plan details, please click on the Group Benefit Solutions booklet.
- Employee Basic Term Life
- Dependent Basic Term Life
- Optional Term Life
- Employee Basic Accidental Death and Dismemberment (AD&D)
- Long Term Disability (LTD)
- Extended Health Care (EHC)
- Dental Care (DTL)
Employer Paid
| Benefit | Benefit Detail Overview |
|---|---|
| Employee Basic Term Life | Employee: The greater of $25,000 or an amount equal to 200% of the employee’s annual earnings, rounded to the next higher $1,000, if not already a multiple of $1,000. |
| Employee Basic Accidental Death and Dismemberment (AD&D) | The greater of $25,000 or an amount equal to 200% of the employee’s annual earnings. rounded to the next higher $1,000, if not already a multiple of $1,000. |
| Dependent Basic Term Life | Spouse: $5,000 Each Child: $2,500 |
| Long Term Disability (LTD) |
|
Employee Paid
| Benefit | Benefit Detail Overview |
|---|---|
| Optional Term Life | You can apply for the following benefit amounts:
Evidence of Insurability form must be completed and submitted for employee and each dependent when applying for Optional Term Life Insurance. Enrollment in Optional Term Life Insurance will be effective after approval is received by the insurance company. |
RBC Group Plan Eligibility
How your program works:
- All full-time and part-time employees are eligible to join.
- Managers can join the plan immediately.
- All other employees can join the plan on the first day of the month following 12 months continuous employment.
- You can make voluntary contributions up to the Canada Revenue Agency (CRA) maximum limit. There is no plan sponsor matching of your voluntary contributions.
- Your plan sponsor will match 50% of your required contributions to a maximum of $3,000 annually or $4,000 annually if “More then 7 Years of Service”.
- You are required to contribute a minimum of 3% of your earnings to receive the plan sponsor match.
- You decide how your contributions will be invested.
RBC Group Plan Eligibility
In addition to the above, you must complete the waiting period as listed below.
| Eligible employee in active employment on or before Effective Date | 3 months of continuous active employment |
|---|---|
| Eligible employee in active employment after Effective Date | 3 months of continuous active employment |
Programs for Your Wellbeing
The way you feel, both physically and mentally is important. That’s why we offer a number of programs to help you be your best.
Check out these resources: