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Whole Life Insurance
Whole life, or permanent, insurance is aptly named – it offers coverage for your whole life, rather than just for a designated period or term. A level premium is paid annually to keep the policy in effect and provides the policy benefits, including a cash value that increases over the years. The cash value may also grow through dividends that are credited to policies that participate in the company’s general account performance The cash value of the policy can be accessed via policy loans or partial surrenders, to provide funds during your lifetime when you may need them – to assist with expenses such as a college education or mortgage.
Sun Life Assurance Company of Canada offers both single-life and survivorship whole life products. Use the links below to learn more.
Sun Permanent Life Plus
Sun Survivorship Whole Life
09/00 SLPC 6271
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