• SunGIC Max - Long-term rates
• SunGIC Max - Short-term rates

The best first step – investing with an RRSP

• Registered Retirement Savings Plans
• Should I pay off my mortgage or contribute to my RRSP?
• Should I take a loan to contribute to my RRSP?

This is one of the safest and simplest investments you can make.  In essence, you are depositing money and receiving:

• a guaranteed amount of interest
• for a guaranteed period of time

Sun Life Financial GICs

We offer competitive interest rates (ask an advisor about our current interest rates) and other features, including:

Flexibility

• Short-term options – 30 to 364 days
• Long-term options – 1 to 5 year terms with a deposit as low as $1,000.
• Flexible maturity dates – extra flexibility lets you pick the exact date when you get your money back. This is convenient if you know when you'll need the money (e.g. for a wedding, a vacation, or for a down payment on a house).

45-day rate guarantee

This lets you lock in your interest rate up to 45 days before you actually deposit your money.

Options to access your money

SunGIC Max, our non-redeemable GIC requires your investment to stay invested until the maturity date, but offers a higher interest rate than our redeemable option.

Our redeemable GIC allows you to access some or all of your money if you need it before the maturity date (there may be some penalties).

Security and safety

Our GICs are backed by:

• the financial strength of Sun Life Financial Trust Inc. [PDF, 1 page, 53 kb], a member of the Sun Life Financial group of companies
• the Canada Deposit Insurance Corporation (CDIC), to limits set by the CDIC. For information about this coverage, go to www.cdic.ca .