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Supplemental Life Insurance



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 Supplemental Life Insurance Information

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. 

​​Costs for supplemental life options are available when you enroll in Workday because they vary by age and coverage amount. You pay the full cost of supplemental coverage through after-tax payroll deductions.

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Evidence of Insurability (EOI)

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.


Who Gets Your Money When You're Gone?

Be sure to list who receives your life insurance payout, called a beneficiary. A beneficiary can be any person or trust. If you do not identify a beneficiary, your life insurance amount will be paid out according to the plan provisions (usually going towards your estate). You may change beneficiary information at any time of the year in Workday. From the main menu, choose Benefits, then click Change Benefits.



  
  
Voluntary Life Insurance Dependents Supplemental Exempt.pdf
  
Voluntary Life Insurance Supplemental ADD Exempt.pdf
  
Voluntary Life Insurance Supplemental ADD NonExempt.pdf
  
Voluntary Life Insurance Supplemental NonExempt Certificate.pdf
  
Voluntary Life Insurance Supplemental Overview.pdf
  
  
Notes
  
5-minute video overview of voluntary life insurance and whether the coverage is right for you
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