SLPC 25437 01/20 (exp. 01/22)
Injuries affect millions of Americans every year. They can happen anytime, to anyone – no matter how careful someone is. The costs related to recovery can add up.
Sun Life's Accident insurance helps employees manage such costs. Our plan has a robust benefit schedule and pays a wellness benefit when employees pursue preventive care. We pay a cash benefit if employees or their dependents are injured as part of a covered accident, such as falls, sports injuries, or accidents caused by operating machinery, as examples. Employees can use the money in any way, and our plan is HSA-friendly – welcome news for those who have to meet high deductibles or want to preserve their savings.
Wellness benefit available in most states
If permitted by the Employer's employee benefit plan and not prohibited by state law, the term "spouse" in this benefit includes any individual who is either recognized as a spouse, a registered domestic partner, or a partner in a civil union, or otherwise accorded the same rights as a spouse.
Accident insurance is a limited benefit policy. It provides accident coverage only and does not provide basic hospital, basic medical, or major medical insurance. This coverage does not constitute comprehensive health insurance (often referred to as “major medical coverage”) and does not satisfy the requirement for Minimum Essential Coverage under the Affordable Care Act. Failing to maintain Minimum Essential Coverage may result in a tax penalty.
The certificate has exclusions that may affect any benefits payable. Benefits payable are subject to all terms and conditions of the certificate. The policy, certificate, and any rider, if applicable, may not be available in all states.
For New York consumers: The expected benefit ratio for this policy is 65%. This ratio is the portion of future premiums that the Company expects to return as benefits, when averaged over all people with the policy.
Group accident insurance policies are underwritten by Sun Life Assurance Company of Canada (Wellesley Hills, MA) in all states, except New York, under Policy Form Series 15-GP-01, 12-GP-01, 12-AC-C-01, 16-AC-C-01, 16-ACPort-C-01, 12-GPPort-01, and 12-ACPort-C-01. Product offerings may not be available in all states and may vary depending on state laws and regulations. In New York, group accident insurance policies are underwritten by Sun Life and Health Insurance Company (U.S.) (Lansing, MI) under Policy Form Series 15-GP-01, 12-GP-01, 12-AC-C-01, 12-GPPort-01, and 12-ACPort-C-01.
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