Sun Life GO Term Life Insurance

Protect your loved ones with straightforward coverage tailored for your life. Apply online for up to $1 million in coverage for a 10 or 20-year period. Term life insurance could be right for you if:

You want a guaranteed monthly rate that won’t change throughout the term of your policy.

You’re comfortable answering some questions about your health.

 You’re healthy, age 40 or under and want to skip the medical exams.

 You’re healthy, age 41-50 and want to skip the medical exams (up to $500,000 in coverage, some exclusions may apply)

 You want to leave a tax-free payout to your beneficiary

  • Who’s eligible

    You want to leave a tax-free payout to your beneficiary

  • Easy application

    Apply online in minutes by answering a few health questions. Quebec residents will need to talk with a licensed representative to complete an application.

  • Term length

    You choose how long you have coverage for – 10 or 20 years.

  • Temporary insurance

    You’ll get temporary insurance coverage for 90 days unless we approve or decline your application sooner. If you die before we let you know about our decision on your application, we could still pay the claim. The payout will be equal to the amount of Sun Life Go Term life insurance you applied for.

  • Locked-in rates

    We guarantee that your monthly payments will stay the same for the entire length of your policy.

  • How much coverage

    $100,000 up to $1 million, in units of $25,000.

  • Try it out no obligation

    If you decide your policy doesn’t meet your needs, you can cancel it within 30 days of issue, and we’ll refund your money.

  • Renewability

    You can renew this policy for the same term length you chose originally without answering any health questions. Your monthly payments will increase when you renew, then they will stay the same for the length of the new term.

Exclusions and Limitations

  • If you take your own life within two years of the date your policy takes effect, we won’t pay the claim. But we will refund all monthly payments paid up to then, minus any administration fees.
  • If you apply for Sun Life GO Term Life insurance more than once, you can get no more than $1 million in total insurance coverage.

Sample policies

Take a look inside a policy. This sample is only for your reference – the policy we issue to you will govern the relationship between you and Sun Life Financial.

 Sun Life GO Term Life Insurance sample policy

Life insurance premiums: What’s it all about?

Life insurance isn’t one size fits all. You tailor your coverage to your needs, from how much coverage you want and how long you want it for. We calculate your premiums – or monthly payments – based on those factors, as well as your age, gender and smoking status.

Peace of mind at the right price.

Life insurance premiums are more affordable than you might think. In fact, coverage could cost just about as much as going out for dinner out once a month, your daily coffee fix or your favourite online streaming service. Plus, we guarantee that your premiums will stay the same for your entire policy (10 or 20 years). That means you can protect those you care about and stick to your budget.

$12.03 per month

20 year term
$100K coverage

female, age 23, non-smoker

$27.58 per month

10 year term
$400K coverage

female, age 37, non-smoker

$31.00 per month

10 year term
$200K coverage

male, age 30, smoker

$49.64 per month

20 year term
$300K coverage

male, age 41, non-smoker

This policy provides immediate insurance coverage.

If you die before we let you know of our decision on your application, we could still pay the claim. The payout will be equal to the amount of life insurance you applied for. The payment is dependent on the conditions and exclusions set out below.

When the temporary insurance policy starts

The temporary insurance policy starts on the date you:

  1. submit an application for insurance, and
  2. provide the payment information.

A decision to accept or decline your application may take up to 90 days. During this time your temporary insurance coverage will apply.

When the temporary insurance policy ends (Termination)

The temporary insurance policy automatically ends on the earliest of:

  1. the date the insurance applied for starts,
  2. the date we tell you that your application for insurance is declined,
  3. 30 days after we asked for more information to underwrite your application and did not receive your response,
  4. 90 days after you submit your application for insurance,
  5. the date you ask us in writing to cancel your application for insurance,
  6. the date you decline our offer of insurance or,
  7. the date we pay the death benefit.

Amount we pay under this policy (Conditions)

If you are under age 69, the total amount of any death benefit payable under any Sun Life Go life insurance policies is the lesser of $1,000,000 or the total amount of any death benefit applied for under this application.

Certificate of Temporary Insurance sample

Making a claim

The person making the claim must do so as soon as reasonably possible after the person covered by the policy passes away. To make a claim:

  1. Call us at 1-800-669-7921. You can find this number at the beginning of the insured person’s policy. We’ll send you a form to complete.
  2. Fill out the form and mail it to us at the address listed on the form. Be sure to include any information we ask for to assess the claim. This will include proof that the insured person passed away while the policy was in effect.

Some things to keep in mind

  • Doctors may charge a fee to fill out certain forms. The person making the claim is responsible for covering any fees.
  • After we receive all the information we need, we’ll assess the claim within 5 business days.
  • We’ll pay within 30 business days after receiving proof required to assess the claim.

Get a quote & now apply

Read important information about the policy and exclusions before you apply online.
Talking with an advisor can help ensure this option is right for you.

Just getting started?

Calculate how much coverage you need
Use our life insurance calculator to help plan your family’s protection

Compare Life Insurance Plans
We have a life insurance option that can meet your needs

The difference between buying life insurance online and from an advisor


Getting advice can better help you achieve your goals. Speak with a licensed representative to discover your options.

Call 1-844-528-0583 or request a call from us

Monday – Friday | 8 a.m. – 8 p.m. ET

We’re here to help.