Attention Sears Canada Employees: Part 1
This article applies to most employees being terminated from their employment. I’ll use the current Sears Canada situation because as of the time of writing this article, there were numerous employees being severed from their jobs earlier this year and now with Sears Canada being shut down, this situation can apply to a lot of employees.
Having been a former Nortel employee, I know what it’s like to lose your job and the turmoil that happens especially in the first few months. If you’re not retiring, then finding a new job is priority one. Lower on the priority list is continued Health and Dental coverage.
This article focuses specifically on Health and Dental Plans.
Why It May Be a Time Sensitive Decision for You
When you leave you employer, you will lose your employee benefits. Manulife offers a unique program called FollowMe™ Health whereby, you can purchase a benefit plan if you do so within 60 days of leaving your former employer without “evidence of insurability”. Why might this be important? If for example, you are diabetic and you try to purchase a plan that is “underwritten”, you would most likely be declined i.e. no coverage.
What Types of Plans are Offered?
You can choose from four different FollowMe Health plans, depending on your needs
and budget. There are plans with or without dental benefits and with varying levels of prescription drug coverage, plus coverage for vision care, massage therapy,hearing aids and much more. You can also add emergency medical travel insurance to your plan for a small additional fee.
If you were let go from Sears Canada and are outside the 60 day window, Manulife has a special limited time offer that you can purchase FollowMe™ Health before November 9, 2017. Click here to learn more.
*Limitations, restrictions, and exclusions may apply.
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