Death Benefit
Sun Life Philippines shall pay the amount of insurance
of an Employee, in the event of his death, to his designated
beneficiary or beneficiaries indicated to Sun Life Philippines
in writing.
Suicide
If an Employee dies by suicide less than one year after
the Effective Date or date of reinstatement of his insurance,
the pertinent provisions of the Insurance Code shall
apply. Where no death benefit is payable, Sun Life Philippines
shall refund all premiums paid from the Effective Date
or date of reinstatement of his insurance to date of
death.
Conversion Privilege
Each Employee shall have the privilege to convert his
group insurance into an ordinary life insurance policy
without Evidence of Insurability.
Free Coverage During Conversion Period
Whether or not the Employee actually applied for conversion
and pays the first premium, the amount of insurance
he is entitled to convert shall remain in force during
the 31 day conversion period.
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here to fill up the Group Insurance Data Form.
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us to know more about Group Insurance.
