Can you show me an example of benefits payable in the case of my death?
If you earn $90,000 and die in a covered accident while traveling on NAV CANADA business, your beneficiary would receive the following benefits:
|Basic Life Insurance
|Business Travel Accidental Death and Dismemberment Insurance
Are the benefits tax-free?
Yes. However, if you do not name a beneficiary or name your estate as beneficiary, probate fees may apply.
How are the benefits paid?
A lump sum in Canadian dollars.