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Standard Life (Canada)

The Standard Life Assurance Company of Canada and its affiliated companies in Canada have $40.5 billion in assets under management as of December 31, 2005 and offer a wide range of financial products and services to over 1.28 million individuals, including group insurance and pension plan members.

Our 2,170 employees are committed to providing superior customer service from the principal office in Montréal and the 25 sales offices across the country. Products and services include group savings and retirement, group insurance, individual life insurance, savings and retirement, mutual funds and portfolio management. Total premium income and deposits reached $5.2 billion in 2005.

The Standard Life group is a leading provider of financial products and services, with approximately 7 million customers worldwide. As of December 31, 2005, its investment management business has $239 billion in assets under management. Founded in Edinburgh (Scotland) in 1825, The Standard Life Assurance Company became a mutual life insurance company in 1925. Following overwhelming support by voting members and subsequent approval from the Court of Session in Scotland, the Company demutualized and a new public company - Standard Life plc - was born. Standard Life plc was listed on the London Stock Exchange (FTSE), under the ticker symbol or code SL., on July 10, 2006.

Integrity
Standard Lifes enviable track record and proud history have been achieved, in no small measure, by its people. Standard Lifes ability to attract and retain highly talented and ethical professionals has allowed us to maintain the most highly qualified team in the business. Standard Life has also made a strong commitment to ongoing training - so that our people stay on the leading edge of their industry.

Service
Standard Life is committed to providing high quality, innovative products and services to meet the changing needs of our customers. With so much at stake, you need to have complete reliance on the people who are providing you with advice and ongoing support. With Standard Life, you have access to outstanding on-the-spot expertise. Our nine group offices across Canada, are staffed by a qualified team of experienced group insurance specialists.

La Compagnie d'assurance Standard Life du Canada et ses sociétés affiliées au Canada gèrent un actif de 40,5 milliards $ (au 31 décembre 2005) et offrent une vaste gamme de produits et de services financiers à plus de 1,28 million de particuliers, compte tenu des participants des régimes d'assurances et de retraite collectifs.

Nos 2,170 employés s'efforcent de fournir à la clientèle un service de premier ordre, depuis notre siège social de Montréal et nos 25 bureaux de vente à travers le pays. La gamme de produits financiers comprend les régimes d'épargne et de retraite collectifs, les assurances collectives, l'assurance vie, l'épargne et les rentes individuelles, les fonds communs de placement et des services de gestion de portefeuille. En 2005, le revenu-primes et les dépôts ont atteint 5,2 milliards $.

Le groupe Standard Life est un fournisseur de premier rang de produits et de services financiers et il compte environ 7 millions de clients à travers le monde. Au 31 décembre 2005, ses activités de gestion de placements représentaient un actif de 239 milliards $. Fondée à Édimbourg (Écosse) en 1825, la Compagnie d'assurance Standard Life est devenue une mutuelle d'assurance vie en 1925. Après l'appui massif des membres votants et l'approbation ultérieure de la cour de session d'Écosse, la Compagnie s'est démutualisée, et une nouvelle société ouverte - Standard Life plc - a été créée. Standard Life plc a été admise à la Bourse de Londres (FTSE), sous le symbole ou code SL., le 10 juillet 2006.

Intégrité
Les antécédents et lhistoire dont senorgueillit la Standard Life, elle les doit, dans une large mesure, à ses ressources humaines. En attirant et en retenant dans ses rangs des professionnels éminemment chevronnés et intègres, la Standard Life a su constituer et conserver léquipe la plus qualifiée dans son secteur dactivité. Elle est aussi fermement engagée sur le plan de la formation continue, car elle tient à ce que ses employés demeurent à la fine pointe de lévolution de leur industrie.

Service
La Standard Life sest engagée à offrir des produits et des services novateurs et de qualité supérieure à sa clientèle dont les besoins et les attentes sont en constante évolution. Lorsque lenjeu est dune telle importance, vous devez pouvoir vous en remettre entièrement à ceux qui vous dispensent conseils et soutien. À la Standard Life, vous pourrez puiser en tout temps dans une remarquable source de compétences. Nos neuf bureaux de prévoyance collective répartis à travers le Canada, sont dotés déquipes dexperts hautement qualifiés en matière de régime dassurances collectives.

A typical plan for Life and Long Term Disability in Canada is as follows:

LIFE BENEFIT: 

• BASIC LIFE:
  " Coverage: multiple of salary (once or twice the salary is quite frequent) 
  " Waiver if premium is normally included (provides for waiver of premium payment upon total disability) 
  " Conversion benefit to individual upon termination of the benefit without replacement 
  " Coverage is subject to non-evidence maximums and to overall limits according to the group size 
  " Rates will vary according to industries, individual occupations and provinces

• OPTIONAL LIFE:
  " some plans may include OPTIONAL LIFE benefit for employees, spouse and dependents

• LONG TERM DISABILITY BENEFIT: 
  " Industries: coverage might decline for certain types of industries
  " Participation is compulsory typical replacement benefit: 60 to 66.7% of salary (may go to 70% for taxable benefits) 
  " Benefit subject to non-evidence maximum and to overall maximums according to group size 
  " Non-taxable and taxable benefits are available
  " Definition of disability: own occupation for two years and any occupation thereafter waiting period: 4 to 6 months
  " Benefit payment period: to age 65
  " Recurrence: 6 months, if disabilities are separated by more than 6 months the second disability is considered a different disability
  " Integration with Canada Pension Plan / Québec Pension Plan and others
  " All source income maximum : 
          85 % of net earnings (non-taxable benefit) or 
          85 % of gross earnings (taxable benefits) 
  " Preexisting conditions on smaller groups
  " Some exclusions on benefits of injuries/sickness are due to war, civil unrest, self inflicted and flying as part of a flying crew
  " Rates will also vary by industry, individual occupations.