Life Insurance

Basic Life Insurance

PetSmart gives all eligible associates a basic level of life insurance equal to 1x annual base salary.* You pay nothing for this coverage; however, this is a taxable benefit that appears on your pay statement as “ER BN Payment,” which means “Employer Benefit Payment.”

The maximum amount of life insurance for you, including the company-paid basic level of life insurance and any additional coverage you elect and pay for, is $1 million.

Optional Life Insurance

Canada offers our associates Optional Life Insurance through Manulife Financial.

  • Policy number: G0114822
  • Benefit amount allowed: increments of $10,000 to a maximum of $200,000
  • Termination age: your benefit amount terminates at age 70 or retirement, whichever is earlier

Option Life Insurance is the responsibility of the associate. 

The maximum amount of life insurance for you, including the company-paid basic level of life insurance and any additional coverage you elect and pay for, is $1 million.

Dependent Life Insurance

Canada offers our associates Dependent Life Insurance through Manulife Financial.

  • Policy number: G0114822
  • Benefit amount – $10,000 spouse; $5,000 each dependent child
  • Termination age: your benefit amount terminates at age 70 or retirement, whichever is earlier

Accidental Death & Dismemberment (AD&D) Insurance

Accidental Death & Dismemberment coverage gives you extra insurance protection in case of any certain injuries or death. AD&D is company paid and you are automatically enrolled.