SunSpectrum Universal Life - Includes
Access to policy fund when disabled
One tax-free withdrawal can be made by the owner from the insured person's policy fund each time he or she becomes disabled by illness or accident for at least 60 consecutive days.
If an insured person is diagnosed with a terminal illness, an application can be made for a lump sum advance of 50% of the death benefit, to a maximum of $100,000. The lump sum, plus interest, is deducted from the death benefit when it is paid.
This benefit will follow the rules of the Living Benefit program in effect when the insured person applies to receive the benefit.
This benefit is offered on all Sun Life Assurance Company life insurance products and is a non-contractual arrangement that may be approved by the company, at its discretion, on a case-by-case basis.