Sun Life U.S. Now Offers Family Leave Insurance in Four New States
In a significant move for employee benefits, Sun Life U.S. has announced the expansion of its Family Leave Insurance (FLI) to four new states: Georgia, Louisiana, Mississippi, and South Carolina. This expansion comes as part of Sun Life's ongoing efforts to enhance access to paid leave for workers across the United States. Previously, the FLI was available in states including Alabama, Arkansas, Florida, Kentucky, Oklahoma, Tennessee, and Texas. The company aims to provide a fully insured offering that allows more employers to easily implement valuable leave benefits for their employees.
Joi Tillman, president of Group Benefits at Sun Life U.S., emphasized the company's commitment to ensuring employees do not have to choose between their jobs and caring for loved ones. The Family and Medical Leave Act currently allows for unpaid leave for up to 12 weeks, which poses a financial risk for many employees when considering time off.
By offering FLI, Sun Life empowers employers to present a paid family leave option, enabling employees to take necessary time off without the stress of financial insecurity. This initiative not only helps mitigate workplace stress but also enhances the returning workforce's productivity.
The FLI program benefits from Sun Life's extensive experience in absence and leave management, making it a suitable option, especially for small and mid-sized employers without state government programs. This offering promotes economic growth by attracting a larger workforce and aids in the seamless transition back to work for those who have taken extended leave. The addition of FLI is also an attractive element for employers aiming to recruit and retain talent, who increasingly seek comprehensive benefits packages.
With the implementation of Sun Life's FLI, employees benefit from the ease of online claims submission, and employers gain the ability to track leave details efficiently, thus supporting overall employee well-being and productivity management. Following its introduction on February 1 in the newly added states, FLI is anticipated to continue growing in availability, with Sun Life looking to add even more states to their coverage in 2025.
By enhancing their Family Leave Insurance program, Sun Life not only fortifies its position as a leader in employee benefits but also reinforces its commitment to supporting both individuals and businesses in promoting healthier work environments. For more information about Family Leave Insurance and its availability, interested parties are encouraged to visit Sun Life's dedicated webpage at www.sunlife.com/family.
About Sun Life: Sun Life is a global financial services organization specializing in various asset management, wealth, insurance, and health solutions. With established operations in numerous markets, including Canada, the U.S., U.K., and several Asian nations, the organization boasts total assets under management of C$1.51 trillion as of September 30, 2024. Sun Life Financial Inc. is publicly traded under the symbol SLF on the Toronto, New York, and Philippine stock exchanges.
Joi Tillman, president of Group Benefits at Sun Life U.S., emphasized the company's commitment to ensuring employees do not have to choose between their jobs and caring for loved ones. The Family and Medical Leave Act currently allows for unpaid leave for up to 12 weeks, which poses a financial risk for many employees when considering time off.
By offering FLI, Sun Life empowers employers to present a paid family leave option, enabling employees to take necessary time off without the stress of financial insecurity. This initiative not only helps mitigate workplace stress but also enhances the returning workforce's productivity.
The FLI program benefits from Sun Life's extensive experience in absence and leave management, making it a suitable option, especially for small and mid-sized employers without state government programs. This offering promotes economic growth by attracting a larger workforce and aids in the seamless transition back to work for those who have taken extended leave. The addition of FLI is also an attractive element for employers aiming to recruit and retain talent, who increasingly seek comprehensive benefits packages.
With the implementation of Sun Life's FLI, employees benefit from the ease of online claims submission, and employers gain the ability to track leave details efficiently, thus supporting overall employee well-being and productivity management. Following its introduction on February 1 in the newly added states, FLI is anticipated to continue growing in availability, with Sun Life looking to add even more states to their coverage in 2025.
By enhancing their Family Leave Insurance program, Sun Life not only fortifies its position as a leader in employee benefits but also reinforces its commitment to supporting both individuals and businesses in promoting healthier work environments. For more information about Family Leave Insurance and its availability, interested parties are encouraged to visit Sun Life's dedicated webpage at www.sunlife.com/family.
About Sun Life: Sun Life is a global financial services organization specializing in various asset management, wealth, insurance, and health solutions. With established operations in numerous markets, including Canada, the U.S., U.K., and several Asian nations, the organization boasts total assets under management of C$1.51 trillion as of September 30, 2024. Sun Life Financial Inc. is publicly traded under the symbol SLF on the Toronto, New York, and Philippine stock exchanges.
Topics Financial Services & Investing）
【About Using Articles】
You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.
【About Links】
Links are free to use.