Sun Life U.S. Introduces Family Leave Insurance for Enhanced Accessibility to Paid Leave Benefits for Caregivers
Sun Life U.S. has introduced a Family Leave Insurance (FLI) product in Alabama, Arkansas, Tennessee, and Texas, enhancing workers’ access to paid leave. Additional states are expected to follow suit. The insurance product was developed in response to the needs of workers who require paid leave to care for a loved one but may experience financial hardship if they take time off work. This comprehensive coverage creates a platform for employers to offer paid family leave benefits without the risk of self-funding. With the online claims submission process, both employees and employers can track the details of the leave, thereby promoting health and productivity management.
Over the years, the Sun Life team has been actively advocating for paid leave, partnering with state programs to offer private options. It supported the recent legislative proposal by Senators Deb Fischer and Angus King to broaden the reach of the employer-paid leave tax credit. Sun Life FLI aligns with the current tax credit, and it will continue to adjust as the laws change.
Sun Life’s FLI product not only extends valuable benefit to employees but also provides employers with an effective tool to attract and retain talent. Access to robust benefits packages is often a major factor potential employees consider when pondering job offers. The company strives to extend this benefit in states where the law permits employers to offer such benefits, contributing to economic growth.
Sun Life FLI is now open for quotes in Alabama, Arkansas, Tennessee, and Texas, starting April 1st. Approval from other states is still pending. You can find more information by visiting their official website: https://www.sunlife.com/us/en/employers/products-and-services/family-leave-insurance/.
About Sun Life: Sun Life is a prominent international financial services organization that offers a range of solutions including asset management, wealth, insurance, and health. The organization operates in numerous markets around the world, with over 50 million Americans accessing its healthcare and coverage services. For more information, kindly visit www.sunlife.com. Sun Life U.S. is significantly involved in providing employee and government benefits through employers, industry partners, and government programs.
For those unable to get assistance from a company like Sun Life in their states and need government aid, you can contact the Employment Development Department in California. This state department helps with unemployment, disability, and parental leave payments. For further queries or to get in touch with a live agent, you can look up resources on how to contact eddcustomer service on edcaller.com.