Voluntary Term Life & Disability Coverage
As a supplemental benefit, Sterling Estates allows eligible employees to purchase additional life insurance coverage for yourself and your dependents. Employee must be enrolled to purchase coverage for your family. This coverage is paid for by you and is offered through Sun Life. Rates for the Voluntary Term Life insurance are based on age, and volume, and benefits are subject to applicable age reductions.
Insurance Carrier: Voluntary Life AD&D Eligibility Requirement Employee Benefit Amounts Employee
Sun Life Voluntary Life AD&D Insurance
All Eligible Employees
Minimum of $20k up to $250k in increments of $10k
Spouse
Minimum of $5k up to $125k in increments of $5k
Child(ren)
Flat $10k
Disability Coverage The goal of Sterling Estates Disability Insurance Plan is to provide you with income replacement should you be unable to work due to a non-work-related illness or injury. The company provides all eligible employees with the option to purchase voluntary “Short-Term Disability” income benefits. Short-Term Disability coverage is offered through Sun Life. Insurance Carrier: Sun Life Short-Term Disability Insurance Plan Type: Voluntary Eligibility Requirement All Eligible Employees Benefit Percentage 60% Waiting Period - Accident 8 Days Waiting Period - Sickness 8 Days Maximum Weekly Benefit $1,000 Benefit Duration Executive Directors - 12 Weeks All Other Eligible Employees - 52 Weeks Pre-Existing Condition 3 / 12
| Sterling Estates 2025 Benefits Guide
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