The General Officers' Insurance Plan (GOIP) / Reserve General Officers' Insurance Plan (Res GOIP) provides Canadian Forces Regular and Primary Reserve Forces' senior officers a range of insurance benefits funded by the Government of Canada, which are benchmarked to the benefits provided to the executive category of the Public Service and to RCMP senior officers of equivalent ranks.

 

Frequently Asked Questions

Regular Force and Class C Reserve Force senior officers:

The GOIP consists of the following:

Coverage	Benefit
Basic Life Insurance	Equal to 2 times the annual pay adjusted to the nearest $1,000.
Accidental Death and Dismemberment	A lump-sum payment up to $250,000.
Dependent Life Insurance	Provides Dependent Life and Accidental Death and Dismemberment Insurance, each in the amount of up to $5,000 for a spouse and up to $2,500 for each dependent child.
LTD	If currently a participant in the Long Term Disability (LTD) plan, then premiums are fully paid for by the employer. If not currently a participant, you may apply by completing application Form 1E , including the medical questions.

 

Primary Reserve Force:

The Res GOIP consists of the following:

Coverage	Benefit
Basic Life Insurance	Class A and short term Class B: Eligible CF personnel employed on short periods of service not exceeding 16 days of continuous service and designated by military authority as being on Class A Primary Reserve Force service, or members employed on a full time basis for 180 days or less and designated by military authority as being on Class B Primary Reserve Force service, the benefit is equal to 1 times the member's deemed annual salary rounded to the nearest $1,000.
	Long term Class B: Members employed on a full time basis for 180 consecutive days or more and designated by military authority as being on Class B Primary Reserve Force service, the benefit is equal to 2 times the member's annual salary rounded to the nearest $1,000.
Accidental Death and Dismemberment	Class A and short term Class B: A lump-sum payment of up to $100,000
	Long term Class B: A lump-sum payment of up to $250,000
Res LTD	Class A and short term Class B: Coverage is automatic for each period that the member is "on duty" as defined in the policy. Premiums are fully paid for by the employer.
	Long term Class B: Coverage is twenty-four hours per day, seven days a week for each period that the member is "on duty" as defined in the policy. Premiums are fully paid for by the employer.

 

Regular Force officers in the substantive rank of Colonel and above in all classifications, and Lieutenant-Colonel in the legal classification are automatically enrolled in GOIP on the date of promotion.

Primary Reserve Force officers in the substantive rank of Colonel and above in all classifications, and Lieutenant-Colonel in the legal classification are eligible* for coverage under the Res GOIP on the date of promotion to the lower eligible rank, or on the date of employment in the Primary Reserve Force service at the lower eligible rank.

* Please note that for Primary Reserve Force officers, coverage is NOT automatic. Reserve Force senior officers become insured once the enrolment process is completed and the eligibility is confirmed by SISIP Financial Services.

Although the cost of the benefits is paid for by the employer, the premiums for certain coverages are a taxable benefit.

The amount of the taxable benefit is determined by province of residence as follows:

No, as soon as SISIP Financial Services receives the promotion message from DND, an information package is automatically sent to the member.

Regular Force:

In addition to the basic coverage provided by the GOIP, you may purchase:

• Optional Life Insurance equivalent to one time the annual pay adjusted to the nearest $1,000 under the GOIP.

Primary Reserve Force:

In addition to the basic coverage provided by the Res GOIP, a member on long term Class B Primary Reserve Service may purchase:

• Optional Life Insurance equivalent to one time the annual pay adjusted to the nearest $1,000 under the Res GOIP.

You may designate any person or organization as the beneficiary(ies) of your GOIP policy. In the absence of a beneficiary designation, the proceeds are paid to your estate.

FAQ

When a member becomes enrolled in the GOIP / Res GOIP, the premiums for LTD / Res LTD are fully funded by the employer. The premium payment being charged against your pay account will automatically terminate and the coverage will remain in force.

When GOIP coverage ceases on release from the CF, members may convert life insurance coverage to the SISIP FS Insurance for Released Members (IRM) to a maximum coverage of $400,000. * To do so without evidence of insurability, the transfer application must be received by SISIP Financial Services within 60 days of your effective release date from the CF. Specific details concerning conversion options will be forwarded to you when we receive notification of your retirement.

As well, eligible Regular Force senior officers who retire from the CF with an immediate annuity and GOIP in effect at the time of release, are automatically provided with Military Post-Retirement Life Insurance Plan (MPRLIP). This plan is administered by SISIP Financial Services, but the full premiums are funded entirely by the Government of Canada.

*	Regular/Class C Reservist and Primary Reserve Force members on Class B long term, to a maximum of 1.75 times the annual salary. Primary Reserve Force members on Class A/B short term to a maximum of 0.75 times the annual salary.

Yes, by requesting a waiver of Entitlement form from the SISIP FS Vice-President, Insurance Services. However, if you opt out of the GOIP, you must provide proof of insurability prior to your release to be eligible for the Military Post-Retirement Life Insurance Plan (MPRLIP).