Sun Life Group Benefits Program: Complete Guide

Sun Life Group Benefits Program: Complete Guide

At a Glance

Sun Life Financial has been in business for over 150 years, making it one of the oldest financial institutions in Canada. The company, which started out selling life insurance, is on a mission to “help Canadians achieve financial security and live healthier lives.”

Sun Life Health Insurance Review

Sun Life Canada Insurance offers short- and long-term medical and dental insurance group benefits designed to care for individuals and their dependents. It also provides critical illness coverage, disability insurance, and life insurance. 

The company believes that a healthy workforce is a key to a company’s financial success, so its insurance products are designed to help businesses invest in their employees’ well-being. Sun Life’s group health benefits cover 1 in 6 Canadians and their families through employer-sponsored plans.

Company Overview

Sun Life Insurance is a well-known and respected company that offers a wide range of insurance products.

Sun Life is not accredited with the Better Business Bureau, but the BBB does give Sun Life a rating of A+. Ratings are based on complaints the BBB has received about the business, the company’s business practices, and licensing and government actions related to the business, among other factors. Sun Life has had 18 complaints with the BBB that have been closed in the past three years.

Sun Life Group Benefit Products

Sun Life offers customized group insurance plans that combine healthcare, disability, and prescription drug coverage. Their extended health care plans cover hospital care, prescription drugs, medical services and equipment, paramedical services, out-of-province emergency travel assistance, and vision care. 

Sun Life coverage options also include group dental care plans that include preventive and diagnostic treatment, critical injury insurance, and long-term care coverage. Outside of personal and group health insurance plans, the company offers permanent and term life insurance and a range of investment services. 

This insurer offers several tech-savvy touches with Sun Life Canada group benefits, such as e-claims that can be processed within 24-48 hours. Sun Life Insurance is also committed to streamlining payments with direct deposit, which means that members can receive electronic transfers instead of waiting for a check in the mail.

Equitable Life: Group Benefits and Resources

As one of Canada’s largest life insurance providers, Equitable Life Group Benefits offers a unique approach to your staff’s specific needs. Learn how here.

Sun Life Insurance FAQ

A group benefits plan is a communal insurance product that many companies offer employees. An employer may offer extended health insurance, disability insurance, life insurance, or other forms of insurance.

What is a group benefits plan?

Group Insurance Benefits, such as Sun Life CA group benefits, are insurance plans that a company offers to its employees. Typically, group insurance benefits have lower premium costs than purchasing insurance individually. 

What are group insurance benefits?

Group health benefits are a type of group insurance that offers extended health care coverage beyond what provincial plans cover. Group dental insurance and pharmaceutical benefits are also available.

What are group health benefits?

A group life insurance plan is similar to a group healthcare plan, except the policy is life insurance, which provides financing for a person’s family if the insured person dies.

Are group health benefits taxable in Canada?

If there is a formal arrangement between the employer and the employee, group health and dental insurance are tax-exempt in Canada.

What are group wage loss insurance benefits?

When employees get hurt and are unable to work, group wage loss insurance benefits help to cover expenses. Usually, the compensation is 2/3 of an employee’s pay, but low-income workers receive a higher compensation rate. This benefit continues through the duration of the injury and rehabilitation.

Sun Life Downloadable Forms

All Sun Life group benefit administrative and claim forms are conveniently located in one place:

If you can’t locate the form you need, you can also request any form by mail.

Sun Life Contact Information

Primary Address: 227 King Street South Waterloo, PO Box 1601 Stn Waterloo, Waterloo, Ontario N2J 4C5, Canada

Important Contact Numbers:

  • General Support: 1-877-SUN-LIFE (1-877-786-5433)
  • Workplace Benefits: 1-800-361-6212

Learn More About Sun Life

Are you a business owner wondering which group benefits plan to choose? Press the button below and fill out our quick quote form. One of our experienced team members will get back to you shortly. Once we know a bit about your needs, we’ll send a complete list of competitive quotes from Canada’s top insurance providers right to your email.

Individual Health & Dental Plans

Do You Need a Group Benefits Plan? can quickly help you save money by comparing major group health insurance provider rates across Canada.

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