Life Plus Benefit

Group Yearly Renewable Term Plan

This rider may only be availed if attached to a Group Yearly Renewable Term Policy.

If Sun Life Philippines receives Notice and Proof of Claim that the Employee dies, while insured under this Benefit, Sun Life Philippines shall pay his beneficiary an additional amount of insurance, referred to as Life Plus Benefit under the Amount of Insurance provision, to help defray outstanding debts and final expenses related to his death.

The Life Plus benefit shall be an amount of up to a multiple of four times the amount of basic life insurance in force under the Policy in respect of the Employee.