Guaranteed no medical life insurance

Sun Life Go Guaranteed Life Insurance is a type of life insurance that helps provide lifetime coverage. We’ll provide a payment to your beneficiary after you die, as long as you pay the premiums and we approve the claim. Your monthly payments will stay the same until you turn 95. At that age, you stop paying but your life insurance will cover you for the rest of your life.

The monthly cost for Sun Life Go Guaranteed Life Insurance will depend on:

• your age,
• your assigned sex at birth,
• if you smoke, and
• the amount of insurance you want.

Find out your cost by getting a quote. The more information you give about yourself, the less insurance typically costs. We don’t ask any questions about your health when you apply for guaranteed life insurance. As a result, it can cost more than other types of life insurance that do ask about your health. If you are healthy and don’t mind answering a few health questions you can opt for term life insurance online, or speak with an advisor.

In short, it’s often cheaper to get life insurance the younger and healthier you are. The cost of insurance may be less if you purchase a fully underwritten product. For more information, speak to an advisor.

No, Sun Life Go Guaranteed Life Insurance doesn’t offer cash value.

This benefit is offered on Sun Life Assurance Company of Canada life insurance products and is a non-contractual arrangement that we may approve at our discretion on a case-by-case basis. If an insured person is diagnosed with a terminal illness, an application can be made by the policy owner for a lump sum advance of 50% of the insurance amount, to a maximum of $100,000. The lump sum, plus interest, is deducted from the death benefit when paid. This benefit follows the rules of the living benefit program in effect when the policy owner applies to receive the benefit.

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:

• 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.
• 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.

Please 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 receiving the required proof, within 30 business days we'll assess the claim. If we approve the claim, we’ll pay it.