Lock in protection and save 10%.

Pair term + permanent insurance and pocket thousands in savings over a lifetime*.

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Why Life Insurance Matters

  • Term insurance: Affordable protection for your family today.
  • Permanent insurance: Lifelong coverage that never expires.
  • 10% premium discount: Could mean thousands in savings over your lifetime.
  • Peace of mind: Spend less time thinking about the what-ifs and more time enjoying the present.

Save 10% on permanent insurance premiums when you bundle term and permanent life insurance by July 31, 2026.

This isn’t a temporary discount, it lasts as long as you hold your policy.

That could potentially mean thousands of dollars in savings over your lifetime. Terms and conditions apply.

Term life insurance is an affordable life insurance policy that gives you financial protection for a set period.

  • Evolve Term life insurance offers flexible insurance coverage. You get to choose how long you want your term policy to last – it can be anywhere from 5 to 40 years.
  • Coverage you may qualify for is available in amounts between $50,000 to $25 million.

It's a type of life insurance that gives you lifelong coverage to help protect your loved ones with cash value accumulation. Simply put, your coverage never expires, no matter your age, health, or history.

Ideal for:

  • Estate planning – Help ensure your legacy, pay estate taxes efficiently
  • Final expenses – Cover funeral costs, outstanding debts, medical bills
  • Wealth transfer – Leave a tax-efficient inheritance for your children or grandchildren
  • Charitable giving – Create a legacy gift to your favourite causes
  • Retirement supplement – Access cash value during retirement if needed

Secure your offer with the right support

Get on-demand guidance today

Talk to a licensed Prospr by Sun Life advisor. They can give you personalized guidance on your insurance needs in minutes and show you how much you’ll actually save with our premium discount.

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Build a long-term connection with a Sun Life advisor who can help you save with this offer, protect what matters and adjust your approach as your life changes.

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*Terms and Conditions:

  • If you apply for a Sun Life Evolve Term (‘Term’) policy and either a Sun Permanent Life (‘Perm’) or SunSpectrum Permanent Life II (Perm) policy at the same time through Sun eApp, between April 27th, 2026, to July 31st, 2026, you will be eligible to receive a 10% premium discount on the Perm policy (the ‘Special Offer’). 
  • NOTE: Due to a system requirement, a percentage reduction must be applied to the Term policy in the bundle when a lifetime discount on Perm is activated. For this reason, you will also receive a nominal 0.01% premium reduction on the Term policy in the bundle. This premium reduction will appear as a premium discount and will be subject to the same terms and conditions as the 10% premium discount on Perm provided with this Special Offer. 
  • Applicable premium discounts will be automatically applied upon application submission and will only be retained if both the Term and the Perm policies have been approved by our underwriting team and accepted by you after the underwriting process is completed. 
  • This Special Offer consists of one Term policy and one Perm policy. If you are applying for multiple Term or Perm policies, must choose which Term and Perm policy to combine into the Special Offer.
  • All ownership types, individual, corporate and joint are eligible for the Special Offer. You must have either the same owner or the same insured on both the Term and Perm policies. 
  • The Perm premium discount will apply to the premium associated with the base coverage, any ratings, and all optional benefit costs (i.e., Accidental Death Benefit) except for Term Insurance Benefit costs. Any premium associated with a Term Insurance Benefit will receive the 0.01% Term reduction.
  • The Term premium reduction will apply to the premium associated with the base coverage, any ratings, and all optional benefit costs.
  • Premium discounts will be reflected in the terms of the policy receiving the discount.
  • If any eligible policies within the Special Offer lapse for non-payment or are canceled the Perm and Term policy premium discounts will end. 
  • If the Term policy in the Special Offer is partially or fully converted or replaced after purchase, the discount on the Perm policy will remain. The premium reduction on Term will remain only on the portion of the Term policy that remains. 
  • If the Perm policy in the Special Offer is reduced after purchase, the discount will remain on the portion of the Perm policy that remains. The premium reduction on Term is not impacted.  If the Perm policy in the Special Offer is replaced after purchase, the discount will end on the date the new policy takes effect. The premium reduction on Term is not impacted.
  • If the Perm policy has a Term Insurance Benefit and it is partially or fully converted or replaced after purchase, the discount on the Perm policy will remain. The premium reduction on Term is not impacted.
  • Achievers Term, Essential Term, 1-year Bridge Term, Simplified Issued Term, and Sun Life Go Term are not eligible Term product types for this Special Offer. Sun Lifetime Alternative, Sun Simple Solutions, Sun Life Go Guaranteed Life Insurance, SunSpectrum UL II, Sun UL II, Sun Par Protector II, and Sun Par Accumulator II are not eligible Perm product types for this Special Offer.