MMC Benefits Handbook
When Coverage Ends
When does eligibility for coverage end?
Your eligibility for Long Term Disability Bonus Income Plan coverage will continue until the earliest of the following:
  • the date of your death
  • the date the Plan is terminated
  • the date you commence a leave of absence
  • the date you discontinue coverage
  • the date you no longer meet the eligibility requirements
  • the date your employment is terminated
  • the effective date that you discontinue your Optional Long Term Disability Plan coverage*
  • the year in which your eligible annual bonus in the current calendar year and the past two calendar years equals $0.
* If you are employed by any entity in Bermuda, the Optional Long Term Disability Plan is not available, and your eligibility for Long Term Disability Bonus Income Plan coverage will not cease upon the discontinuation.
Can I convert this coverage to an individual policy if I leave the Company?
No. You can't convert this Disability Plan benefit to an individual policy when you are no longer eligible for coverage.