Success in voluntary benefits is a two-step process that starts with choosing the right coverage that fills gaps for employees and providing the right amount of education and an easy process for employees to make their elections. Sun Life offers a full suite of ancillary coverage, providing one-stop shopping for employers.

We also provide a host of enrollment methods that meet the varying needs of clients. Read more about our coverage and enrollment methods.

Close coverage gaps with Voluntary benefits

• Help with paying out-of-pocket medical costs. According to Kaiser Family Foundation’s 2018 survey, families in high deductible health plans (HDHPs) who need urgent care face paying an average deductible of $4,883 out of their own pockets every year—and 23% have deductibles of $6,000 or more. If you have a client whose employees have to pay a deductible before their health insurer pays expenses, consider offering critical illness, accident or cancer coverage alongside the health plan. Read an example of how accident insurance pays over $4,000 in benefits to a family whose daughter tore her ACL playing soccer.
• Help when you can’t work. One in four employees could miss up to 3 months of work or more during their career due to a disabling illness, injury or even pregnancy (Council for Disability Awareness). Voluntary short- and long-term disability can help employees stay on track with their bills, paying them a portion of their income if they can’t work due to a covered disability. Additionally, Sun Life’s clinical support team helps return employees back to wellness. Watch how Sun Life has helped people return to work after a disability.
• Help for beneficiaries. Voluntary life insurance brings added financial protection beyond what the employer pays. Approximately 50 million U.S. households recognize that they need more life insurance (LIMRA, Facts about life).
• More preventive care. Your client’s medical plan provides preventive care services for employees. Complement that valuable coverage with dental and vision insurance to ensure a more holistic approach to overall health and wellness.

Close coverage gaps with the right enrollment strategies

Here are three new developments with Sun Life in this arena.

• Sun Life + Maxwell Health. This technology platform and innovative benefits marketplace simplifies online benefits administration for employers with 26 to 1,000 employees. (Please know that there are some variations for New York clients.)
  
  
  • Streamlined, full-service client implementation and renewal on the technology platform and with Sun Life.
  • EDI connections with the group's medical carrier and Sun Life insurance products are included at no additional cost. Setup and administration for non-Sun Life, non-medical insurance products are also available at an additional PEPM fee.
  • Training and support during onboarding that will continue throughout the client relationship.
  • 24/7/365 easy self-service for employees.
  • Reporting dashboards for HR.
  • A price point clients will like (request pricing for your client, your state).
  • Watch a demo
  • Learn more about our best client fit
  • Meet Maxwell again and learn how they’ve enhanced their platform in the past couple years
• Automatic enrollment of disability plans. Employers with ERISA plans can automatically enroll employees into disability plans to help close crucial coverage gaps for more employees. Sun Life will help determine whether an employer is a good fit for automatic enrollment. As a leader in the disability market, we provide the resources that make enrollment easier for employees and easier for HR. Learn more at sunlife.com/disabilityautoenroll.
• Sun Life + Employee Navigator partnership. Sun Life’s connectivity partnership with Employee Navigator gives you access to Sun Life's broad suite of products on Employee Navigator's simple and modern benefits administration platform. This partnership reflects Sun Life’s commitment to simplifying the benefits administration experience for our diverse group of brokers, employers and members. Learn more about the partnership.

Group insurance policies are underwritten by Sun Life Assurance Company of Canada (SLOC) (Wellesley Hills, MA). In New York, group insurance policies are underwritten by Sun Life and Health Insurance Company (U.S.) (SLHIC) (Lansing, MI). Products are not available in all states and may have state variations. Please contact Sun Life for details.
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