Sun Life: Voluntary Life Summary of Benefits
BENEFITS (You can purchase this coverage at a group rate.) For you* You can choose from $10,000 to $500,000 —in increments of $10,000 not to exceed 5 times your Basic Annual Earnings. No medical questions asked up to the Guaranteed Issue amount of $150,000 . Benefits are reduced at age 65 and may reduce again in subsequent years as noted in your Certificate. For your spouse* If you elect coverage for yourself, you can choose from $5,000 to $100,000 —in increments of $5,000. No medical questions asked up to the Guaranteed Issue amount of $50,000 . The amount you select for your spouse cannot exceed 50% of your coverage amount. Coverage ends when you turn age 70. For your child(ren)* If you elect coverage for yourself, you can choose $1,000, $2,000, $4,000, $5,000 or $10,000 . No medical questions asked. The amount you select for your child(ren) cannot exceed 50% of your coverage amount. Benefits may reduce as noted in your Certificate. Child(ren) must primarily depend on the employee for 50% or more of their support. A full benefit is payable for a dependent child who is 6 months to 19 or to 23 years old if a full-time student. A reduced benefit of $100 is payable for a child from 14 days to 6 months. (No benefit is payable for a child from birth to 14 days). *This coverage includes Accidental Death and Dismemberment insurance. MORE PROTECTION FOR YOUR LOVED ONES . The people you love and support could face financial challenges without you. Life insurance provides your loved ones with money they can use for household expenses, tuition, mortgage payments and more. HELPS YOU CLOSE ANY COVERAGE GAPS . You may have life insurance today, either on your own or through your employer. Now is a good time to ask yourself if you need more coverage. 800-247-6875 • sunlife.com/us Voluntary Life Insurance Sun Life Assurance Company of Canada 2514719 SEQ8 CL1 03/04/2025 08:27:30 Voluntary Life Insurance OWL LABS INC. All Eligible Employees POLICY #: 959589
Sun Life: Voluntary Life Summary of Benefits Page 2