PARA Group Life Insurance

While you are a Professional Association of Resident Physicians of Alberta member:

• PARA pays the premiums for your coverage.
• Your plan includes $150,000 of coverage.
• The death benefit is paid tax-free to your beneficiary.

If you need more coverage, the AMA Term Life Insurance plan offers up to $5 million in coverage:

If you apply for $250,000 or more, we will consider you for our Preferred or Elite non-smoking rates.

How do I find out more?

Read the PARA Group Life Insurance section to learn about topics such as:

• The amount of life insurance benefit.
• Choosing your beneficiary.
• Exclusions.
• Continuing your life insurance coverage after you complete your residency.

Read the PARA Group Disability and Life Insurance Plans booklet.

How do I apply?

The coverage is automatic, but you need to enroll: 

Registration Form for PARA Disability and Life Insurance 

Notes:

• The enrollment form allows you to appoint a beneficiary for your life insurance.
• The form also allows us to record your mailing address and residency completion date, so that we can let you know about your conversion options after you finish your residency.

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