Steady protection you can count on. Simplified term life insurance offers a flat monthly cost that won't change for the first 10 years. You can choose your coverage for $50,000, $75,000 or $100,000. It’s called “simplified” because you only have to answer three questions about your health. Plus, you have instant temporary coverage while we review and process your application.
It’s great for Canadians who want to get insurance online with fast coverage.
Get up to $100,000 of simplified term life insurance coverage by answering just three health questions.
We guarantee that your monthly payments will stay the same for the first 10 years. After that, the policy will renew each year. As a result, the monthly payments will increase each year, based on your age. But we won’t ask you any questions about your health. We’ll notify you of the renewal at least 30-days in advance.
Find more exclusions and limitations in the Sun Life Go Simplified Term Life Insurance sample policy
If you need to cancel your new policy within 30 days of receiving it, we'll give you a full refund.
This policy provides immediate insurance coverage until it ends. This is described under “When the temporary insurance policy ends (Termination)”.
If you die before we let you know of our decision on your application, we'll still pay the claim. It will be equal to the amount of life insurance you applied for. This is dependent on the conditions and exclusions set out below.
The temporary insurance policy starts on the date you:
A decision to accept or decline your application may take up to 90 days.
The temporary insurance policy automatically ends on the earliest of:
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.
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.
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:
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.
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.
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 a quote and apply for Sun Life GO Simplified Term Life Insurance, or give us a call.
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.