Life Insurance
Unitec operates a Group Life Insurance Plan for employees which provides a lump sum benefit payable to an employee’s dependants or estate in the event of the employee’s death prior to the age of 70 and in permanent employment at 18.75 hours (0.5 FTE) or more per week. The plan is currently insured with Fidelity Life.
Income Protection
In conjunction with the Unitec Life Plan, Unitec operates an Income Protection Plan for staff members in permanent employment at 18.75 hours (0.5 FTE) or more per week. This benefit will pay 75% of the staff member’s annual base salary to the member following an initial 90-day waiting period. The plan is currently insured with Sovereign Assurance.
Contact your HR Business Partner immediately to discuss a possible claim. Find out more information here.