Supplemental Insurance
LIFE AND AD&D INSURANCE:
Life and Accidental Death and Dismemberment (AD&D) insurance through Sun Life are important to your financial security, especially if others depend on you for support or vice versa. With Life insurance, you or your beneficiary( ies ) can use the coverage to pay off debts, such as credit cards, loans, and bills. AD&D coverage provides specific benefits if an accident causes bodily harm or loss (e.g., the loss of a hand, foot, or eye). If death occurs from an accident, 100% of the AD&D benefit would be paid to you or your beneficiary( ies ). Life and AD&D coverage amounts reduce at age 70.
Life & AD&D Company Paid: Sunlife
Basic life & accidental death and dismemberment (AD&D) coverage are provided at no cost to you. You are automatically covered up to $15,000 through Sunlife.
Voluntary Life & AD&D: Sunlife
You may buy more Life and AD&D insurance for you and your eligible dependents. If you do not elect Voluntary Life and AD&D insurance when first eligible or if you want to increase your benefit amount at a later date, you may need to show proof of good health. You must elect Voluntary Life and AD&D coverage for yourself before you may elect coverage for your spouse or children. If you leave the company, you may be able to take the insurance with you.
SHORT TERM DISABILITY: Sunlife
STD coverage pays a percentage of your weekly salary if you are temporarily desabled and unable to work due to an illness, pregnancy or non-work related injury. STD benefits are not payable if the disability is due to a job related injury or illness. If a medical condition is job related, it is considered Workers’ Compensation, not STD.
ACCIDENT INSURANCE: Sunlife
Accident insurance helps offset the direct and indirect expenses resulting from an accident, such as copayments, deductible, ambulance, physical therapy, and other costs not covered by traditional health plans.
CRITICAL ILLNESS: Sunlife
Critical Illness insurance helps pay the cost of non medical expenses related to a covered critical illness or cancer. The plan provides a lump sum benefit payment to you upon first and second diagnosis of any covered critical illness or cancer. The benefit can help cover expenses, such as lost income, out of town treatments, special diets, daily living and household upkeep costs.
Note, the chart only lists a few of the benefits covered under these plans. See plan document for full details.
Hospital: Sunlife
The Hospital Indemnity plan helps you with the high cost of medical care by paying you a set amount when you have an inpatient hospital stay. Unlike traditional insurance which pays a benefit to the hospital or doctor, this plan pays you directly based on the care or treatment that youmreceive. These costs may include meals and transportation, childcare or time away from work due to a medical issue that requires hospitalization.
The chart below only lists a few benefits. See plan document for complete details.
