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Sun Life Go Guaranteed Life Insurance

What is Guaranteed Life insurance?

Life insurance that lasts your lifetime, no medical questions asked. With Sun Life Go Guaranteed Life Insurance, you can choose your coverage amount, from $5,000 to $25,000.

 

No health checks or medical questions. We guarantee your approval.

There are no medical questions or physical exams when you apply for Sun Life Go Guaranteed Life Insurance. You’re guaranteed to qualify regardless of your health or pre-existing conditions.

Getting Started

Buy guaranteed life insurance online

Get up to $25,000 of life insurance coverage with no medical questions asked. You can cancel the coverage at any time.

Get a quote & apply

What’s the difference between buying life insurance online and buying it from an advisor?

Policy details:

Eligibility

  • You must be between 30 and 74 and live in Canada.

 

Guaranteed premiums

We guarantee that your monthly payments will stay the same until you turn 95. At that age, you stop paying but your life insurance stays in force.

 

Coverage amounts

  • $5,000, $10,000, $15,000, $20,000, or $25,000

 

What we don’t cover and when we limit coverage

  • If you don’t provide accurate information when you apply, your insurance could be cancelled or claims denied.
  • If you apply for Sun Life Go Guaranteed Life Insurance more than once, we’ll only cover you for up to $25,000 in total.

 

Specific to the first 2 years of coverage

We will not pay the death benefit if the insured person dies within two years of the later of:

  • the most recent date the application for this policy was signed,
  • the policy date, shown on the Policy Particulars page, or
  • the most recent date your policy was put back into effect if it has been reinstated

Within the first 2 years, if you die for any reason other than an accident, we will not pay the claim. We’ll refund the premiums paid, less any administrative fees. This means if the death is directly or indirectly caused by or associated with the insured person:

  • causing themselves bodily injury, regardless of whether the insured person has a mental illness or understood or intended the consequences of their action(s)
  • taking any drug, unless the drug was taken as prescribed by a licensed medical practitioner
  • operating any vehicle or engaging in any activity while their blood alcohol level is more than 80 milligrams of alcohol per 100 milliliters of blood

Find more exclusions and limitations in the Sun Life Go Guaranteed Life Insurance sample policy.

30-day free look

If you need to cancel your new policy within 30 days of receiving it, we'll give you a full refund.

Additional benefits

This is available to you if you become terminally ill and only have 24 months to live. The payout is up to a maximum of 50% of your insurance amount. Approval for the living benefit is subject to the program rules in effect at the time of your request. Approval is at our discretion. Upon approval of the situation and required documents, we will issue the payment. When we receive a death claim on this policy, we will deduct the living benefit payment plus interest from the original coverage amount. Your monthly payments will not change. To see if you're eligible please call us at 1-800-669-7921.

 

This benefit is not available:
  • Within the first 2 years of the policy
  • If the claimant is 85 years or older

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 as soon as reasonably possible. This number is also listed 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.
  • After receiving proof required, within 30 business days we'll assess the claim and if approved, we'll pay the claim.

How guaranteed life insurance works

Sun Life Go Guaranteed Life Insurance is permanent life insurance. You’re covered for the rest of your life - as long as you keep paying the monthly premiums.

 

Cost:

  • The more information you provide about yourself, the less an insurer typically charges you for insurance.
  • We don’t ask any questions about your health when you apply. That means it typically costs more than other types of life insurance that do require health information.

 

Keep in mind

  • Life insurance protects your family (or whomever you choose as your beneficiary) if you lose your life.
  • You may end up paying more in premiums than the actual death benefit that goes to your beneficiaries.
  • For example, you're age 48 and buy $25,000 of Sun Life Go Guaranteed Life Insurance for $60 per month. By the time you reach age 82, you'll have paid more than $25,000 in monthly premiums. This is more than the policy will pay as a death benefit. If you die before age 82, you'll have paid less for your death benefit.
  • You can cancel your policy at any time by sending a written request by mail to:

Sun Life Assurance Company of Canada

P.O. Box 2001, Stn Waterloo

Waterloo ON N2J 0A3

Why Canadians choose Sun Life

A company you can trust

We’ve been paying claims in Canada for more than 150 years. And today we’re there for millions of Canadians during some of the most important moments of their lives.

Innovative and caring

Sun Life Canada is committed to helping Canadians achieve lifetime financial security and live healthier lives. We’re always working on new & better ways to help our Clients achieve their goals.

Adaptable to you

We know your life moves fast. That’s why we offer online purchase of life insurance. Focus on the things that matter to you, knowing you’re covered. It’s just one of the ways we adapt to your needs.

Get Sun Life Go Guaranteed Life Insurance

Get a quote and apply for Sun Life GO Guaranteed Life Insurance, or give us a call.

  • GET A QUOTE ONLINE

    Get a quote for Sun Life GO Guaranteed Life Insurance online in minutes.

    Get a quote & apply

  • GIVE US A CALL

    Getting advice can help you achieve your goals. Discover what other products you may be eligible for or to get advice about your insurance needs. Speak to a Sun Life licensed representative.

    Call: 1-844-528-0583

    MONDAY-FRIDAY: 8AM-8PM ET

Sun Life Assurance Company of Canada is the insurer, and is a member of the Sun Life Financial group of companies. Sun Life Assurance Company of Canada is licensed to offer life and health insurance in all jurisdictions in Canada.