SunTerm Life Insurance

If the insured person is diagnosed with a terminal illness, you may be eligible to take a lump sum advance equal to 50% of the death benefit, to a maximum of $250,000. This is a non-contractual benefit offered by Sun Life Financial at our discretion.

Within 90 days of the death of the first insured person, the surviving insured person may buy life insurance to replace the joint coverage without providing medical evidence of insurability.

The base coverage amount is paid out twice if both insured persons die together or within 90 days of each other.

Provides insurance protection for your children and future children until each child reaches age 25. Your children insured under this benefit will be able to purchase additional insurance without providing additional medical information.

This benefit continues coverage if the insured person becomes totally disabled. You will not have to pay premiums for your insurance and any optional benefits.

This benefit allows an insured person to buy more life insurance in the future, without providing medical evidence of insurability.

If you choose this benefit, an additional death benefit will be paid to the beneficiaries if the insured person dies as a result of an accident.

This benefit allows clients to pay a small additional premium today to have lower renewals and more affordable premiums in the future compared to a SunTerm 10 plan without this benefit.

With this benefit, if the policy owner becomes totally disabled, we will pay the premiums for the insurance and any optional benefits.

Designed for businesses with three or more partners, this benefit provides guaranteed insurability if one of the business partners dies. The benefit allows the policy owner to purchase additional life insurance on the surviving insured business partners after the death of the first insured without providing medical evidence.

Gives you the opportunity to increase insurance coverage for your business as it grows in value over time. With the Business value protection benefit, the policy owner can purchase additional insurance coverage based on the increased value of the business without providing medical evidence.