Products May 26, 2010
Sun Life Unveils Unlimited Stop-Loss Policies
May 26, 2010 (PLANSPONSOR.com) – The Employee Benefits Group division of Sun Life Financial will provide unlimited lifetime maximums for stop-loss policies effective on and after October 1, 2010.
Reported by Fred Schneyer
A company news release said this feature was developed to help employers meet the mandates in the Patient Protection and Affordable Care Act. Sun Life said the unlimited lifetime maximums mean that employers will receive stop-loss protection for qualified benefits.
“We anticipate offering additional protections for our customers in relation to the new health care laws,” said Scott Beliveau, Vice President of Underwriting and Claims for Sun Life’s Employee Benefits Group division, in the news release.
SunLife provides education on the new health care law in the employee benefits section of http://www.sunlife.com/us.