Sun Life is a leading provider of life and health insurance products and related services throughout Canada, the United States and Asia. They offer a wide range of insurance plans and options designed to fit the needs of individuals and groups.
Sun Life offers various life insurance policies, such as permanent, term and universal life insurance plans. Term life insurance will cover a set period of time, such as 10 or 20 years, and provide a cash value that can grow over the policy’s life. Universal life insurance combines a permanent death benefit with a savings component and the flexibility to adjust protection based on your changing needs. Permanent life insurance provides policyholders with coverage for the rest of their lives and their death benefits are typically tax-free.
Sun Life also offers various health insurance plans, such as group insurance, individual employee health benefits, travel insurance and critical illness insurance. Group insurance covers a group of people, such as employees of a company, and is typically offered as part of a benefits package. Individual employee health benefits provide a range of protection for the employee’s medical and dental expenses. Travel insurance plans provide coverage for medical expenses, trip cancellations, and lost or stolen luggage. Critical illness insurance helps to protect policyholders from the significant financial costs associated with a major illness such as cancer, stroke or heart attack.
In addition, Sun Life also provides other types of insurance plans, such as disability, savings and group retirement, education savings and group benefits. Disability insurance helps to provide a regular income if you become disabled and can no longer work. Savings and group retirement plans offer the potential to grow your money safely and help increase your retirement income. Education savings plans help to set money aside for your children’s post-secondary education. Group benefits plans provide tax effective ways to help employees achieve their financial goals.
Sun Life is committed to helping their customers achieve financial freedom and security through their range of insurance products and services.