Life insurance
We know that time and money are important to business owners like you. That's why we created SunAdvantage.
Available exclusively to small businesses with three to 49 employees, SunAdvantage gives you a simple, affordable, hassle-free way to help attract and retain employees by including a group benefits plan in their compensation package.
SunAdvantage is both economical and easy to set-up and administer, offering protection against unexpected health events. You can choose from a range of optional benefits that allow you to tailor the plan to your specific business needs and budget. This makes it simpler than ever to give employees an added incentive to join and stay with your company. And our mobile and e-Services for plan administrators and plan members sets the SunAdvantage program apart from all the others.
Mandatory Insurance
Life, Accidental Death and Dismemberment (AD&D), and Dependent Life are required parts of the SunAdvantage package.
Life insurance
Life insurance provides basic financial protection to an employee’s beneficiary if the employee dies. Most plans provide life insurance in multiples of the employee's salary, or as a flat amount.
Accidental Death and Dismemberment (AD&D)
AD&D pays an additional benefit if an employee dies, loses a limb, is paralyzed or loses hearing, speech or sight from an accident.
Dependent life
Dependent life insurance provides financial protection to an employee if his or her spouse or child dies. The insurance is provided as a flat amount.
1 Diagnosis of a critical illness must occur after the effective date of coverage and the employee must complete a survival period (usually 30 days).