Added simplicity, flexibility help Canadians
protect what matters most to them
TORONTO, Sept. 30, 2019 /CNW/ - Today Sun Life
announced that it will offer simple and flexible options for
guaranteed protection, with the addition of two new permanent life
insurance solutions:
- SunUniversalLife Pro
- Sun Permanent Life
SunUniversalLife Pro is the ideal corporate
insurance solution. With guarantees, cash accessibility and a wide
variety of optional benefits, SunUniversalLife Pro helps business
owners with their long-term planning, allowing them to focus on the
day-to-day challenges of running their business.
"We've listened to business owners share their stories," says
Vineet Kochhar, Senior VP, Insurance
Solutions, Sun Life. "They want to protect shareholder value and
maximize their estate. Primarily, they want to focus on growing
their business without worrying about outgrowing their insurance.
SunUniversalLife Pro gives them that peace of mind."
Sun Permanent Life provides lifetime, guaranteed
protection to Canadians with the simplicity they've asked for.
Guaranteed premiums and death benefits ensure that protection is
available to our Clients, when they need it most. The policy also
provides a guaranteed cash value starting in year three, which can
be used in case of an emergency.
"In addition to guaranteed protection, we know convenience is
important to Canadians when it comes to life insurance," says
Kochhar. "People want to protect what matters most to them and they
should be able to do that in the easiest way possible. Sun
Permanent Life allows Clients to set it, forget it and rest easy
knowing your family is protected."
Focused on simplicity, Sun Life has also introduced Accelerated
Underwriting, which makes it easier and faster for more Canadian
Clients to get their policies.
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About Sun Life
Sun Life is a leading international financial services
organization providing insurance, wealth and asset management
solutions to individual and corporate Clients. Sun Life has
operations in a number of markets worldwide, including Canada, the United
States, the United Kingdom,
Ireland, Hong Kong, the
Philippines, Japan,
Indonesia, India, China,
Australia, Singapore, Vietnam, Malaysia and Bermuda. As of June 30,
2019, Sun Life had total assets under management of
$1,025 billion. For more information,
please visit www.sunlife.com.
Sun Life Financial Inc. trades on the Toronto (TSX), New
York (NYSE) and Philippine (PSE) stock exchanges under the
ticker symbol SLF.
Note to editors: All figures in Canadian dollars
Media Relations Contact:
Michael Gaspar
Manager, Corporate Communications
T. 416-496-4237
Michael.gaspar@sunlife.com
SOURCE Sun Life Financial Canada