The decision to buy life insurance is an important one. It can ensure that those who rely on you for financial support will receive money when you die. But knowing what’s right – or wrong – when it comes to life insurance can feel overwhelming. That’s where an advisor can help.
The right insurance coverage can provide peace of mind and security for you and your loved ones.
Learn more about Sun Life's health insurance and life insurance products.
Life insurance
A life insurance contract provides a guaranteed tax-free cash payment to your beneficiaries after you die. They can then use that money any way they want.
Types of life insurance in Canada:
Term life insurance
Term life insurance offers flexible, affordable coverage that’ll provide your beneficiaries with financial protection if you die within the time covered by your policy.
Permanent life insurance
We offer 3 types of permanent life insurance: whole life, universal and participating. They provide lifetime financial protection. Policies like whole life and participating also offer premiums that are guaranteed to stay the same.
Health insurance
A health insurance contract can give you financial coverage to help pay for health care needs such as prescription drugs, dental care, serious illnesses and more.
Types of health insurance in Canada:
Personal health insurance (PHI)
Personal health insurance helps pay for the cost of medical and dental care expenses that aren’t covered by public health care or your workplace benefits.
Critical illness insurance (CII)
Critical illness insurance can help pay for the costs of coping with and recovering from a covered critical illness.
Long-term care insurance (LTCI)
Your health care needs may change as you age. Long-term care insurance can help pay for the cost of care if you’re unable to care for yourself.
Get insurance
You can get started in the way that works best for you:
Apply online now
Quick, simple, on your schedule
Get a quote and apply for coverage across a range of insurance options. Choose protection that fits your needs.
- Apply online in minutes
- Secure and convenient
- Available 24/7
Get guidance today
Advice on demand, right when you need it
Talk to a licensed Prospr by Sun Life advisor who can answer questions, help choose the right coverage and guide you as you apply for the right plan.
- Timely answers from a team of advisors
- Guidance to buy with confidence
- Support to help you understand your options
Partner with an advisor
Dedicated advice for the long run
Build a long-term connection with a Sun Life advisor who can help you choose the right coverage and adjust it as your life evolves.
- Dedicated 1:1 advisor who knows you
- Personalized plan for your goals
- Support to navigate life changes
More insurance types
All about workplace benefits
Learn more about your Sun Life Group Benefits plan.
Learn about life insurance
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