WELLESLEY, Mass., Feb. 10,
2025 /PRNewswire/ -- Sun Life U.S. has expanded
its Family Leave Insurance (FLI) offering to Georgia, Louisiana, Mississippi and South Carolina, with more states on the way.
Sun Life currently offers FLI in Alabama, Arkansas, Florida, Kentucky, Oklahoma, Tennessee and Texas. The fully insured offering broadens
workers' access to paid leave, giving more employers the option to
easily provide a valuable benefit to their employees. Sun Life has
long been an advocate for paid leave, working with state programs
to include a private plan option and supporting legislative
proposals to expand access to the employer federal paid leave tax
credit. Sun Life FLI aligns with the current tax credit and will
align with changes in the future.
"We believe no one should have to choose between their job and
caring for a loved one," said Joi
Tillman, president, Group Benefits, Sun Life U.S.
"While the Family and Medical Leave Act provides unpaid leave
up to 12 weeks, many employees have the difficult decision of
whether they can afford to take time off to tend to their families.
With FLI, employers can choose to offer paid family leave benefits
in a structure that aligns with their business and gives employees
the ability to return to work less stressed and ready to be
productive."
Built on decades of absence and leave management, and
return-to-work expertise, Sun Life FLI fills a substantial benefits
gap for employers in states without government programs. Sun Life
FLI is offered as fully insured coverage, helping small and
mid-size employers offer the benefit without the risk of
self-funding.
"We now offer FLI in 11 states across the U.S. This will
contribute to economic growth by attracting more workers to these
regions and supporting the return-to-work process for those who go
on leave," said Sheila Sokolski,
vice president, Product Strategy and Portfolio Management, Sun Life
U.S. "In addition to giving workers access to paid leave, FLI gives
employers a powerful tool for talent recruitment and retention, as
more professionals seek a robust benefits offering when considering
jobs."
With Sun Life FLI, employees get the benefit of Sun Life's
online claims submission, and employers can track employees' leave
details, supporting overall health and productivity management. Sun
Life's recent webinar on FLI can be found here.
Sun Life FLI will be available for quoting in Georgia, Louisiana, Mississippi and South Carolina on February 1, with additional states expected to
approve filing in 2025. For more information visit
www.sunlife.com/family.
About Sun Life
Sun Life is a leading
international financial services organization providing asset
management, wealth, insurance and health solutions to individual
and institutional Clients. Sun Life has operations in a number of
markets worldwide, including Canada, the United
States, the United Kingdom,
Ireland, Hong Kong, the
Philippines, Japan,
Indonesia, India, China,
Australia, Singapore, Vietnam, Malaysia and Bermuda. As of September 30, 2024, Sun Life had total assets
under management of C$1.51 trillion.
For more information, please visit
www.sunlife.com.
Sun Life Financial Inc. trades on the Toronto (TSX), New
York (NYSE) and Philippine (PSE) stock exchanges under the
ticker symbol SLF.
Sun Life U.S. is one of the largest providers of employee and
government benefits, helping approximately 50 million Americans
access the care and coverage they need. Through employers, industry
partners and government programs, Sun Life U.S. offers a portfolio
of benefits and services, including dental, vision, disability,
absence management, life, supplemental health, medical stop-loss
insurance, and healthcare navigation. Sun Life employs more than
8,500 people in the U.S., including associates in our partner
dental practices and affiliated companies in asset management.
Group insurance policies are issued by Sun Life Assurance Company
of Canada (Wellesley Hills, Mass.), except in
New York, where policies are
issued by Sun Life and Health Insurance Company (U.S.)
(Lansing, Mich.). For more
information visit our website and newsroom.
Media contacts
Devon Fernald
Sun Life U.S.
Devon.Portney.Fernald@sunlife.com
781-800-3609
Connect with Sun Life U.S.
https://www.facebook.com/SLFUnitedStates
https://www.linkedin.com/company/sun-life-financial
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SOURCE Sun Life U.S.
