Sun Life Assurance Company of Canada

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President & CEO: Dean A. Connor

AM Best Rating: A+(Superior)

Total Assets: $154.6 billion

Net Income: $1.34 billion

New Premiums Written: $5.67 billion

Financial Size Category: XV ($2 billion or greater)

FSR Outlook: Stable

Best’s Issuer Credit Rating: aa-

ICR Outlook: Stable

As of Date: 06/28/13

Organization Type: Stock

Specialty Lines of Business: Annuities, Accident & Sickness, Life Insurance

Marketing Type: Career Agent Broker


Sun Life Assurance Company of Canada
150 King Street West
Toronto, Ontario
M5H 1J9

Toll Free: 1-800-786-5433
Phone: 416-979-9966
Fax: N/A

Web Address:
Email Address: [email protected]

* Info courtesy of AM Best’s Key Ratings Guide 2013.

Sun Life Assurance Company of Canada similar to other Canadian life insurance companies, offers numerous products targeting clients with various insurance needs. 

Though LSM Insurance is not directly affiliated to this insurer, our experienced life insurance brokers have access to products and quotes of over 20 Canadian insurers similar to the ones provided by Sun Life Assurance Company of Canada such as term life insurance quotewhole life insurance quoteuniversal life insurance quotedisability insurance quotecritical illness insurance quoteno medical life insurance quotelong-term care insurance quotegroup benefits and others.

Sun Life Financial is a leading insurance and financial services company in Canada, and has been operating in the Canadian market since 1865. In 2002 it merged with Clarica, thus becoming one of the top insurance and financial management companies in Canada, claiming that one in every five Canadians has business relations with them.

Internationally, Sun Life markets its diverse products in various countries, including the UK, U.S., Ireland, China, Japan and India. The company is listed on the Toronto, New York and Philippines stock exchanges. The services and products offered by Sun Life are available to individuals, small and medium-sized businesses and organizations.

Products offered through Sun Life can be divided into two groups: pre-retirement and post-retirement products. In pre-retirement cases there are insurance, health care and wealth management products, with which Sun Life has the largest share in the Canadian market.

Regarding retirement products, Sun Life is also number one in the Canadian market, controlling 30% of the total market. Their customers include Pepsi, Hewlett Packard, IBM and Motorola, just to name a few.

News about Sun Life Assurance Company of Canada

Canadian insurance market slows down

[…] Sun Life Financial Inc. and Manulife Financial Corp. reported solid fourth-quarter profits Thursday despite difficult debt and equity markets, as well as the impact of the stronger Canadian dollar. […]