To qualify you must be 30 – 74 years of age and live in Canada. If you are looking for quick and easy approval and are worried you might not qualify for a fully underwritten policy this might be the right choice for you. I would put this in the final expense life insurance category. In terms of coverage as you can see the values are light, to say the least. This product is guaranteed issue life insurance – which means there is no medical exam! Sunlife Life Insurance also boasts an A+ (Excellent) Rating from A.M. They also rank #243 on Forbes Global 2000 list – the top two thousand public companies in the world.ĪND Sun Life Financial ranks as the third-biggest life insurance company in Canada!

They are a publicly-traded company with over $1.25 Trillion in assets under management as of February 10, 2021! Nice.

If you are leaning toward Sun Life Insurance I’ve got some good news. Protections are in place to make sure you’re not completely SCREWED – but checking out the financial stability of any insurer you’re considering is a very important part of the process. There is nothing worse than paying your monthly premiums for decades only to find out that the insurance company you selected is going belly up! This is why it’s so important for you to do your homework when it comes to the financial stability of the insurer you choose. Sun Life Financial Investments (Bermuda) Ltd., Hamilton, Bermuda, is regulated and licensed to conduct Investment Business by the Bermuda Monetary Authority under Bermuda's Investment Business Act.So let’s face it – life insurance is a BIG investment. In certain communications, the company may be referred to as 'Sun Life International' strictly as a marketing name and no legal significance is expressed or implied. SLFIB no longer markets the Wealth and Investment products, having discontinued new sales as of December 2015. Wealth and Investment products sold through the international offshore business based in Bermuda were issued by, and supported by the financial strength and claims paying ability of, Sun Life Financial Investments (Bermuda) Ltd ('SLFIB'). These products may not be sold in the United States, nor to citizens or residents of the United States, nor to residents of Bermuda or Canada. Life insurance products sold through the international offshore business based in Bermuda are offered by Sun Life Assurance Company of Canada (Bermuda Branch). Sun Life Financial Inc., the publicly traded holding company for the Sun Life group of companies, is not a product offering company and is not the guarantor of the obligations of its subsidiaries. The Sun Life group of companies operates under the 'Sun Life' name.

Sun life insurance canada