Key takeaway
Sun Life offers term life, whole life, and simplified-issue (Sun Life Go) products in Canada. Sun Life life insurance rates depend on your age, health, smoking status, and coverage amount. To see how Sun Life rates compare, get a free quote and compare with other carriers.
Sun Life life insurance product options
Sun Life offers term life insurance (10–30 years), whole life, and universal life. Sun Life Go is their simplified-issue, no-medical term product with quick approval and set coverage tiers. Product choice affects Sun Life life insurance rates: term is usually the most affordable; permanent products cost more but build cash value and last for life.
Riders such as waiver of premium, critical illness, and conversion options are available on many Sun Life policies. Check the specific contract for what is included.
What drives Sun Life life insurance rates
Sun Life life insurance rates are set by underwriting: age, gender, smoking status, health, family history, and occupation. Sun Life is often competitive for applicants over 50 and for those who qualify for Sun Life Go, where no medical exam is required but limits and pricing are different from fully underwritten term.
Rates are not published publicly; you get a Sun Life quote by applying through a broker, advisor, or Sun Life directly. Comparing Sun Life life insurance rates to other insurers requires getting quotes from multiple carriers with the same assumptions.
Sun Life Go and no-medical rates
Sun Life Go offers term life insurance without a medical exam, with limits (e.g., up to $500,000 or $1,000,000 depending on age). Sun Life life insurance rates for Go are typically higher than fully underwritten term for the same profile but can be a good option if you want speed or prefer to avoid a paramedical exam.
If you have health concerns, Sun Life Go may still offer coverage when fully underwritten products would require more underwriting or higher rates.
How to compare Sun Life rates
Request a Sun Life life insurance quote alongside quotes from Canada Life, Manulife, and other Canadian insurers using the same coverage amount and term. That way you compare Sun Life rates fairly. An independent broker or comparison platform can provide multiple quotes at once.
Sun Life may be the best rate for your profile, or another carrier may be more competitive. The only way to know is to compare life insurance rates across insurers.
Frequently asked questions
Are Sun Life life insurance rates competitive?
Sun Life is often competitive for certain profiles, including older applicants and those using Sun Life Go. Rates vary by age and health; compare Sun Life quotes with other carriers to see who offers the best rate for you.
What is Sun Life Go?
Sun Life Go is Sun Life’s simplified-issue term life product. It typically does not require a medical exam and offers quick approval with set coverage limits. Sun Life life insurance rates for Go are generally higher than fully underwritten term.
Can I get a Sun Life life insurance quote online?
Yes. Sun Life offers online quoting, and many brokers and comparison sites include Sun Life in their quote results so you can get a Sun Life quote alongside other insurers.
How do I compare Sun Life vs Canada Life rates?
Get quotes from both using the same coverage amount, term, and your details. Compare the premiums and policy features. See our Sun Life vs Canada Life comparison guide for more context.