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INSURANCE COVERAGE FOR RETIREES TO CONSIDER

University of Manitoba retirees, whether support or academic staff, are eligible to purchase one of the two health insurance plans that the College and University Retirees Association has set up for us.

TRAVEL HEALTH INSURANCE

MEDOC insurance provides stand-alone travel insurance to cover out-of-province and out-of-country emergencies. This annual policy covers an unlimited number of 17 or 35 days per trip, depending on the option you choose (with top-up insurance available for longer trips). The policy also includes trip cancellation and interruption insurance. Premiums are based on an individual’s age and pre-existing medical conditions. There is a 90-day stability clause for pre-existing conditions.  However, no CURAC member will be denied coverage based on age or health status. This insurance will be of particular interest to individuals who feel they already have adequate extended health insurance and wish to benefit from the lower travel insurance premiums for relatively younger retirees (below age 76) and who are in good health.
For more information about MEDOC insurance click here or call 1.866.606.3362. 
To ensure you get the correct information, identify yourself as a member of your retirees’ association and CURAC when asking questions or applying for insurance.

EXTENDED HEALTH INSURANCE AND TRAVEL HEALTH INSURANCE COMBINED

RTO/ERO insurance provides supplementary health insurance and includes travel insurance at no extra cost. It offers broad coverage with no annual deductible. An unlimited number of trips up to 93 days per trip are covered (with top-up insurance available for longer trips). Trip cancellation and interruption insurance are included. This insurance will be of particular interest to individuals who seek additional extended health insurance, as well as travel insurance where premiums are not dependent upon age.
This insurance product may be of specific interest to UofM retirees who retired before 2004 and whose participation in the university supplementary health program expires at age 75, and who are looking for supplementary health coverage.
For more information about RTO/ERO insurance click here or call 1.877.406.9007.
To ensure you get the correct information, identify yourself as a member of your retirees’ association and CURAC when asking questions or applying for insurance.

HOME & AUTO INSURANCE

Through our affiliation with CURAC there is an alternate Home & Auto Insurance provider Economical Select. Please note:  Our group code is E2413.  For more information please click here.

INSURANCE PLANS FOR GRADUATES OF THE UNIVERSITY OF MANITOBA

Graduates of the UofM are eligible to purchase insurance products set up by the Alumni Office. These are:
A Financial Group: Life, critical illness, travel and health insurance.
The Personal: Home and auto insurance (except to vehicle owners in Manitoba, Saskatchewan and B.C.).
TD Insurance/Meloche Monnex: Home and auto insurance (except to vehicle owners in Manitoba, Saskatchewan and B.C.).
A basic outline of the UofM Alumni-eligible insurance plans is available here.

Southwood Golf Course

Report of the Retiree Planning Subcommittee


UMREF Bursary and scholarship Update 2018:

UMRA is sponsoring a bursary fund and a scholarship fund in its endowment fund portfolio.

The bursary fund
Several timely contributions over the past 18 months boosted the bursary fund to a level that the first award to a student was made in 2017. The recipient was a student in the Gerald Niznick College of Dentistry who received a bursary amount of $450.

As of March 31, 2018, the market value of the bursary fund was $24,820. It appears from the report prepared by the Donor Relations Office, that the amount that will be available from the UMREF account will increase; the 2018-19 spending allocation is calculated to be $821.87 according to the formula used to determine annual allocations.

The scholarship fund
The best that can be said about the scholarship fund is that it is in the earliest stage of development. As of March 31, 2018, the market value of the scholarship fund was $1,990. The spending allocation calculation for 2018-19 was set at $6.94. Clearly, this fund has a long way to go before it becomes a viable award.

The UMREF committee has proposed that the scholarship endowment be an award in support of a graduate student in any faculty.