Workplace life insurance advance payment
In the unfortunate event that an employee is diagnosed with a terminal illness, they may wish to receive a lump sum of their life insurance. You'll need to provide some information to support this request.
To do this, you should:
- Download and save the correct form, Workplace life insurance - Advance payment request form - M7354(1)
- Ensure all necessary sections are completed, including the Employee Statement
- Submit the completed form to Canada Life