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.
Sun Life Go - Compare Life Insurance
Protect yourself and the ones you love with Sun Life Go Insurance
Look after the people who depend on you with a tax-free payment after you die. Choose coverage for a specific period or for your entire life to help minimize the financial impact if something should happen to you.
Compare Sun Life Go Life Insurance
Sun Life Go Guaranteed Life Insurance | Sun Life Go Simplified Life Insurance | Sun Life Go Term Life Insurance | |
|---|---|---|---|
Amounts available | $5,000 - $25,000 | $50,000, $75,000 or $100,000 | $100,000 - $2 million |
Monthly payments stay the same for | Life | First 10 years | 10, 15, 20, 25 or 30 years |
When will rates go up? | Never. After you turn 95 you stop paying, but keep your life insurance. | After the first 10 years, and then yearly after that | At the end of each term, then they stay the same for the new term |
Eligibility | Canadian residents between 30 and 74 | Canadian residents between 18 and 69 | Canadian citizens and permanent residents aged 18-65. |
How long will my life insurance last? | Your lifetime as long as you make your monthly payments. | Your life insurance can continue until age 85, as long as you make your monthly payments. | Your life insurance can continue until age 85 as long as you make your monthly payments. |
Is Temporary insurance included when I apply? | No | No | No |
When does my coverage start? | When you submit your application.
| Your Simplified Life Insurance policy coverage begins on the first day of the month after you receive approval. | Your Term Life Insurance policy coverage begins on the first day of the month after you receive approval. |
Key exclusions. Additional exclusions apply. | Within the first 2 years, if you die for any reason other than an accident, we will not pay the claim. | If you take your own life within 2 years of the date of your application or your insurance taking effect, we won’t pay the claim. | If you take your own life within 2 years of the date of your application or your insurance taking effect, we won’t pay the claim. |
Cancellations | Cancel anytime in writing. | Cancel anytime in writing. | Cancel anytime in writing. |
| If you cancel within 30 days of issue, we’ll refund your money. | If you cancel within 30 days of issue, we’ll refund your money. | Cancel anytime and get a full refund if you do so within the first 10 days. | |
| Full details | |||
Download brochure | Download brochure about Sun Life Go Guaranteed Life Insurance | Download brochure about Sun Life Go Simplified Life Insurance | |
Sample policy |
How can you apply?
Get a free life insurance quote and apply online today with Sun Life GO.
Understanding the cost of life insurance
The more information you give related to your health, the less an insurer typically charges for life insurance. Sun Life Go Guaranteed life insurance does not ask any health questions when you apply. This means monthly payments will be often be higher when compared to other life insurance products. If you are in good health, we encourage you to consider applying for a product that asks health questions.
If you have any questions, you can speak with a Sun Life advisor in person or call us at 1-844-528-0583 Mon - Fri 8 a.m. – 8 p.m. ET.
Additional benefits
Claim
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. 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.
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.
- We’ll pay within 30 business days after receiving proof required to assess the claim.
Get a quote
Want to apply for your life insurance online? You can, with Sun Life Go insurance.
Not sure how much life insurance you need?
Calculate your needs using the life insurance calculator
Give us a call
Getting advice can better help you achieve your goals. Speak to a licensed representative to discover your options.
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.