It depends on your personal situation and how much money your beneficiaries will need when you die. Try our free life insurance calculator to find out how much you might need to financially protect your loved ones.

Your premiums depend on your age, health and lifestyle habits (e.g. smoker, non-smoker, etc.) when you purchase life insurance.

For example, if you’re a healthy 30-year old, your premiums may be as little as $12/month for $100,000 of coverage.

Try our free life insurance calculator to see how much your premiums could be

Life insurance can be a huge financial asset at any age. Generally, life insurance is cheaper to buy when you’re young and healthy. 

It depends on your financial situation. You'll often pay less for life insurance with annual payments compared to monthly payments. However, many people find it easier to have monthly premiums factored into their budget.

You can’t apply for most Sun Life insurance products if you’re age 85 or older. Some products may have other age limitations. Connect with an advisor for more detailed information.

There’s no “one-size-fits-all” type of life insurance. The kind your parents have, or that your friend just bought, may not be the best kind for you. To help choose the right type of life insurance, you need to look at:

•  your personal needs and current situation,
• the stage of life you’re at, and
• what you can afford.

The cost of life insurance can vary based on your age, assigned sex at birth, health, lifestyle, and medical history. The best solution could even be having more than one type of policy. Connect with an advisor to find out which insurance products are best for your specific situation.