Effective January 1, 2013:

As a result of the March 2012 Federal budget, Group Accidental Death and Dismemberment benefit premiums are now a taxable benefit to employees, if the premium is paid by the employer.

If you are an employer and pay 100% of the group premiums, or are paying the A.D.&D. portion of the group premium, you will now need to adjust your payroll to include the A.D.&D. portion as a taxable benefit to the employee.

If your employee is already paying the A.D.&D. portion, then no changes need to be made.

For more information, just contact me.

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Disclaimer – Everyone is different.  So please seek professional advice about your personal situation.  These blog posts are meant to be helpful as generalities, and your personal situation needs to be addressed individually by professionals.  Best Jane.