Age-nearest pricing

Answers to your questions

We have shifted many of our life and health products to age-nearest pricing, enabling you to offer your clients the most competitive rates possible and making it easier for you to do business with us.

Illustrations

When you enter the client's date of birth, the sales illustration system will update the client's age, based on the age-nearest or age-last basis depending on the product your client selected. 

Comparing products

Depending on the client's date of birth, illustrations may appear at different ages based on the client's date of birth and whether the products you are comparing are on an age-nearest or age-last basis. For example, when you illustrate Sun CII, the illustration will calculate the client's age on an age-nearest basis. When you illustrate Sun Long Term Care Insurance or Sun Lifetime Alternative, the illustration will calculate the client's age on an age-last basis

Underwriting

Age and amount requirements are based on the client's age-nearest age.

Age-last

Sun LTC, Sun RHA, Sun Lifetime Alternative and Sun Simple Solution will continue to be priced on an age-last basis. All other current plans are based on age-nearest.