Buying insurance online makes it easier than ever to help protect your family's future. You can explore your options, compare coverage, and apply – all from the comfort of your home. Here's what the online experience can offer.
The cost of whole life insurance depends on several personal factors. These include your age, assigned sex at birth, smoking status, medical history, and lifestyle.
Whole life insurance premiums (fees) are typically higher than term insurance, which offers coverage for a set amount of time. However, whole life insurance offers two important advantages:
Want to see what you might pay? Visit our Whole Life Rates page for premium estimates. This can help you find coverage that fits your financial budget, needs and goals.
At Sun Life, we offer two whole life insurance products: Sun Life Go Guaranteed Life Insurance and SunSpectrum Permanent Life II. However, out of these two plans, only Sun Life Go Guaranteed Life Insurance can be purchased online.
| Features | Sun Life Go Guaranteed Life Insurance |
|---|---|
| How much coverage can you get? | Up to $25,000 |
| Does it offer lifetime coverage? | Yes |
| Do premiums (fees) stay the same over time? | Yes |
| Does it offer cash value? | No |
| How many people does the policy cover? | One person |
| Can you get instant approval? | Yes |
| Are medical exams required? | No |
If you want a whole life insurance policy worth more than $25,000, you can get a quote for SunSpectrum Permanent Life II. For coverage amounts above $25,000, you'll have to apply through an advisor.
Try Sun Life's free life insurance calculator to find the right coverage for you. Input information about your current finances for a tailored estimate. Our calculator will help you factor in your budget and determine how much you can comfortably afford. This way, you can balance your desired coverage with realistic monthly payments while keeping your long-term financial goals in mind.
Select the amount of coverage you want, anywhere from $5,000 to $25,000.*
* Insurance is sold in units of $5,000.
Review the policy of your choice. To finish your application, submit the rest of your details through the secure check out.
This includes contact and payment details.
You’ll get instant approval. There’s no waiting period and no medical exam required.
If you’re looking for coverage up to $25,000, you can get a whole life insurance quote and apply online with Sun Life. It's quick, easy, and efficient. In just a few minutes, you can explore coverage options tailored to your needs and budget. Don't wait to secure lifelong peace of mind. Get a quote today.
Life insurance provides you with a benefit for the unexpected. However, in some cases, you may end up paying more than the actual death benefit that goes to your beneficiaries.
For example, you're aged 48 and purchase $25,000 of Sun Life Go Guaranteed Life Insurance for $60 per month. By the time you reach age 82, you'll have paid more than your total death benefit. If your death happens before age 82, you'll have paid less for your death benefit.
At Sun Life, coverage for $25,000 or less starts when you complete your application online.
For life insurance coverage between $50,000 and $1 million, we will review your application. Your actual policy starts the first day of the month after we approve your application.
Yes, there are.
We won’t pay the death benefit if you take your own life , within the first two years, regardless of whether you had a mental illness or understood or intended the consequences of your action(s).
See all the exclusions and limitations by product in the sample policies below:
Sun Life Go Guaranteed Life Insurance (whole life insurance) sample policy
You can cancel your policy at any time. If you cancel within 30 days of issue, we’ll refund your money.
To cancel your life insurance policy, mail a written request to:
Sun Life Assurance Company of Canada
P.O. Box 2001, Stn Waterloo
Waterloo, ON
N3J 0A3
If you need to change or cancel your application, give us a call.
Call: 1-844-528-0583
Monday to Friday: 8 a.m. - 8 p.m. ET
