The people you love and support could face financial challenges if you were no longer around. Life insurance provides your loved ones with money they can use for household expenses, tuition, mortgage payments, and more.
If you need more than Basic coverage that is provided by Bronson, you may purchase additional life insurance - called Supplemental Life insurance or voluntary life insurance - for yourself, for a spouse, and/or for eligible children under age 26. This plan is facilitated by Sunlife.
You may elect coverage for your dependents without electing coverage for yourself, however, your spousal coverage amount can not exceed more than the combined amount of the employer-paid and supplemental for yourself.
If you are not currently enrolled in spouse life insurance OR you are increasing a supplemental life coverage amount by more than one level (i.e., 1x to 3x), you are required to submit a Statement of Health to Sunlife, also called EOI. You will receive information by U.S. mail from Sun Life regarding the EOI process. Look for an envelope with the Sunlife logo on it at your home address after enrolling in Workday.
EOI does not apply to any dependent child coverage or when supplemental life insurance is elected during your newly eligible enrollment period.