Group plans and solutions for small- and medium-sized businesses

Savings, investments and benefits for businesses 2 to 300 employees strong.

Group savings, health and insurance solutions

Not sure which option fits best? Start with the area that matters most to you today.

Group retirement

  • For small- and medium-sized businesses
  • Support employees’ retirement goals
  • Options that grow with your team
  • Choose from a selection of fully digital plans

Group health benefits

  • For smaller teams (less than 50 employees)
  • Help cover everyday health and dental costs
  • Support employee well-being and mental health

Business owner insurance

  • Financial protection for growing businesses
  • Coverage options for unexpected events
  • Help for business continuation and succession planning

Why small business owners choose group plans

Compete for talent

Group plans make you stand out when you’re hiring and can help you keep good employees.

Support employee well-being

Offering a group plan is a way to show your employees that you’re invested in them.

Build a stronger workplace

Group benefits, savings and investments options grow with your business as your team changes.

Video: Trusted for generations

Watch time: 2 minutes

Welcome to Sun Life! We're here to help our Clients find their way through life's most important moments.

[Inspirational music]

We help people achieve lifetime financial security and live healthier lives.

We help our Clients, employees and communities build for today and invest in tomorrow.

The world is changing. Our Clients’ needs are changing and because of that, so are we.

We’ve broadened our business.

We’re investing for the future:

  • 37,000 employees
  • 26 countries
  • 112,800 advisors
  • 33% female Sun Life Board of Directors
  • $1.7 billion for sustainable infrastructure

Putting our Clients first:

  • $16 billion claims and benefits paid out in 2018
  • $951 billion assets under management

And doing the right thing for our communities.

We are Sun Life Insurance, Wealth, Health. Together, we make life brighter.

Sun Life. Life’s brighter under the sun.

Frequently asked questions

For most provinces, group plans are optional. Many business owners choose them to support employees and stay competitive.

In Quebec, businesses with 5 or more employees must offer a group retirement plan.

Learn more about voluntary retirement savings plans (VRSPs)

Group retirement plans helps employees save through their workplace with investment products and saving account options. Group benefits focus on health coverage and insurance options that can give your employee’s financial protection against unexpected life changes (like disability or a critical illness).

Yes. Your business can start with what fits today and adjust as your team changes.

Start with the 3 simple options on this page. Choose the area that matters most right now, then explore the details on the next page. Or, reach out to your advisor to guide you through the process.

Resources

Podcast: Finding a work-life balance as a business owner

What is the toll of owning five restaurants in a hyper-competitive industry? Host Graham Clark finds out from Toby, a former bartender who took a big risk investing family and friends’ money to build a series of successful pubs and eateries.

Starting a business? Keep an eye on your personal finances

You need to watch over your personal finances when you’re starting a business. That way, both your business and home can thrive. Here’s how to balance the two.

The benefits of group benefits

Here’s why small business owners need to start thinking about offering group benefits to their employees.

Legal note

This information is meant for educational and illustrative purposes only. Some conditions, exclusions and restrictions apply.