All terms are renewable to age 85 and convertible before age 75.
10, 15, 20 and 30-year terms with guaranteed level premiums. You could consider this if you want coverage for smaller amounts. Offers most features included in SunTerm such as: Similar to SunTerm, but with a considerably lower minimum coverage amount of $50,000. Minimum coverage amount for this product is $250,000. Joint-first-to-die and multiple life options available. All terms are renewable to age 85 and convertible before age 75. The fine print: the payment is not contractual and is discretionary by Sun Life on a case-by-case basis Includes a non-contractual living benefit where the insured may be eligible to take a 50% advance of the coverage amount, in the case of a terminal illness, up to a maximum of $250,000. All terms offer optional benefits such as children’s insurance riders, waiver of premium on total disability, guaranteed insurability, and accidental death benefit. SunTerm 10 and SunTerm 15 are exchangeable for SunTerm 20 or SunTerm 30 should your coverage needs change. Offered in 10, 15, 20 and 30-year terms with guaranteed level premiums. Sun Life’s standard product, with features you would find in most term life insurance plans. Sun Life Insurance offers four different term life insurance products: SunTerm Types of term life insurance policies Sun Life Insurance offers Better Business Bureau Accreditation and Rating: No / A+įind out more insurance facts about the biggest life insurance companies in Canada. 
Key facts about Sun Life and Health Insurance Company The company has 37,000 employees and distributes its products through more than 112,000 advisors.Īpart from insurance, Sun Life Assurance Company of Canada is a major player in the wealth and asset management market, with over $1 trillion CAD worth of assets under management (AUM) across the world. In 1979 the company shifted its headquarters from Montreal to Toronto. Today the company is a leading global financial organization with operations in a number of markets worldwide including the U.S., the U.K., Ireland, Hong Kong, Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. The company was started in Montreal, Quebec, as The Sun Insurance Company of Montreal. Sun Life Financial, Inc., founded in 1865, is one of the largest life insurance companies in the world.
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