Benefits under the OneBeacon® Insurance Pension Plan were frozen as of 12/31/02. If you were hired prior to 1/1/02, you automatically became a participant of the Plan. If you were hired after 12/31/01, you are not eligible to participate in the Plan. The company pays the full cost of the Plan.
For more information please see the Summary Plan Description below.
If you were hired prior to January 1, 2002, and you haven’t taken your benefit yet, you will have a vested benefit. If applicable, you may call Principal Life Insurance Company at 1-800-247-7011 with any pension related questions.
This Summary Plan Description summarizes the provisions of the Intact Pension Plan.
Intact Insurance Specialty Solutions is the marketing brand for the insurance company subsidiaries of Intact Insurance Group USA LLC. Coverages may be underwritten by one of the following insurance companies: Atlantic Specialty Insurance Company, a New York insurer; Homeland Insurance Company of New York, a New York insurer; Homeland Insurance Company of Delaware, a Delaware insurer; OBI America Insurance Company, a Pennsylvania insurer; or OBI National Insurance Company, a Pennsylvania insurer. Each of these insurers maintains its principal place of business at 605 Highway 169 N, Plymouth, MN 55441. This material is intended as a general description of certain types of insurance coverages and services. Coverages and availability vary by state; exclusions and deductibles may apply. Please refer to your insurance policy or consult with your independent insurance advisor for information about coverages, terms and conditions. Some coverage may be written by a surplus lines insurer through a licensed surplus lines broker. Surplus lines insurers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds.