Participating life insurance

Sun Par Protector II, Sun Par Accumulator II, and Sun Par Accelerator are designed for clients looking to preserve growing wealth. They provide an opportunity to participate in earnings from one of the strongest par accounts in Canada. Both offer choice and flexibility. Clients can benefit from the guarantees that come with participating whole life insurance.

Permanent life insurance

Sun Lifetime Alternative is a straightforward answer for permanent insurance protection. It offers affordable lifetime coverage with guaranteed level premiums for the first 10 years. After that, premiums may be adjusted annually depending on mortality experience, interest rates, investment performance, expenses, taxes and other factors. But a client will never pay more than the guaranteed maximum outlined in their contract.

Sun Permanent Life is non-participating permanent life insurance designed for Clients looking for coverage that’s easy to understand and provides lifetime protection. The Guaranteed return of premium on death optional benefit, available with the 15 and 20 pay options, gives Clients an increasing death benefit, with all premiums paid included in the death benefit. The guaranteed premiums, cash values and death benefits in Sun Permanent Life help provide Clients with peace of mind.

Universal life insurance

SunUniversalLife II may be ideal for clients who’ve maximized their RRSPs, business owners looking to maintain the value of their business, and parents or grandparents who want to provide for children or grandchildren.

SunUniversalLife Pro is permanent protection tailored to business owners, corporations and professionals. It offers guaranteed cost of insurance, and a guaranteed minimum interest rate for the Sun Life Diversified Account Pro. That’s a great way to build stability and flexibility in a universal life solution.


SunTerm is a customizable life insurance solution for clients. SunTerm can be tailored to meet clients' unique needs and maximize protection for their family or business.