Voluntary Disability products
SLPC 24184 08/19 (exp. 08/21)
With Voluntary Disability coverage, businesses can offer insurance benefits to their employees – at no cost to the company and with little additional administration. Employees benefit from group insurance rates, which are often more favorable than individual rates, making it affordable to protect what they love about their lives. Further, Sun Life offers robust enrollment options to help educate employees on their purchase.
How does it work?
Employers can choose to offer a Short-Term Disability (STD) or a Long-Term Disability (LTD) plan, or a combination of both. Employees can select a plan that meets their needs and budget, with the freedom to customize important options such as how much protection they want.
What's covered?
These products are designed to replace a portion of your income while you're unable to work due to a covered disability.
Benefits for . . .
Employers
- Flexible and affordable solutions
- Minimal administration
- Help employees achieve peace of mind knowing financial support is available
Employees
- Guaranteed Issue Amounts – no medical questions asked if the employee enrolls during an Open Enrollment Period or when first eligible
- Innovative Retro Disability Benefit for seriously disabled employees (LTD only)
- Return-to-work incentives and programs
- Range of options – cost-of-living adjustments, a pension contribution benefit, assisted living benefit, and more (LTD only)
The group insurance policies described in this advertisement provide disability income insurance only. They do NOT provide basic hospital, basic medical, or major medical insurance as defined by the New York State Department of Financial Services.
Group insurance policies are underwritten by Sun Life Assurance Company of Canada (Wellesley Hills, MA) in all states, except New York, under Policy Form Series 93P-LH, 15-GP-01, 12-DI-C-01, 12-GPPort-P-01, 12-STDPort-C-01, 16-DI-C-01, TDBPOLICY-2006, and TDI-POLICY. In New York, group insurance policies are underwritten by Sun Life and Health Insurance Company (U.S.) (Lansing, MI) under Policy Form Series 15-GP-01, 13-GP-LH-01, 13-LTD-C-01, 13-STD-C-01, 06P-NY-DBL, 12-GPPort-01, and 12-STDPort-C-01. Product offerings may not be available in all states and may vary depending on state laws and regulations. The group insurance policies described in this advertisement provide disability income insurance only. They do NOT provide basic hospital, basic medical, or major medical insurance as defined by the New York State Department of Financial Services.
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