The SunLife History | Since 1810 (2024)

FAQs

The SunLife History | Since 1810? ›

Where have we come from? We've got roots stretching all the way back to 1810, when we opened our very first office building opposite the Bank of England in London. In 1900, we became the first company to offer life assurance without the need for a medical — something we're still proud to be offering today.

Sun Life Direct rebranded to SunLife in 2014. In the same year, SunLife announced a range of savings products, including stocks and shares ISAs. In 2016, Axa sold its UK investment, pensions and insurance businesses, including SunLife, to UK insurer Phoenix Group in a £375 million deal.

Sun Life's roots run deep in Canada, where our company began more than 150 years ago. Our business started with the sale of insurance and has expanded to offer wealth solutions and customized health programs to our clients.

Sun Life Financial Inc.'s earliest predecessor, Sun Insurance Company of Montreal, was chartered in 1865; subsidiary Sun Life Assurance was also incorporated that year. Six years later the parent company became Sun Mutual Life Insurance Company of Montreal, operating as a joint-stock enterprise.

In Montreal, a leading businessman and pillar of society, Mathew Hamilton Gault, had a bold vision of creating an insurance company that would contribute to the economic growth and prosperity of the newly forming country of Canada. He realized his ambition by founding what is now the Sun Life Financial organization.

If you cash in early, you might get less than you paid in, or lose the other benefits that come with your policy. You might also have to pay a charge. We'd also encourage you talk to a financial adviser before you make any decisions. To find one, go to www.unbiased.co.uk.

Canadian Premier Life Insurance Company and Canadian Premier General Insurance Company has announced that it has rebranded itself as Securian Canada, after closing its acquisition of Sun Life's sponsored markets business. Sun Life's sponsored markets business include its association, affinity, and group creditor units.

Pay your premiums for only 5 years, in annual, semi-annual, or quarterly terms. Monthly payment through Auto-Debit or Auto-Charge may also be arranged after payment of the initial quarterly premium. Plan ahead on when you want to start receiving your cash payout.

They are a financially stable company with a long history of paying claims, and they have a good reputation for customer service. Sun Life Insurance is a good choice for people who are looking for a reliable and established insurance company.

Sun Life Financial was founded in 1865 by Matthew Hamilton Gault. However, the company commenced business only in 1881 as Sun Mutual Life Insurance Company of Montreal. In 1882, Sun Mutual Life Insurance Company of Montreal changed its name to Sun Life, Assurance Company of Canada.

Where is Sun Life headquarters in the US? ›

Sun Life's U.S. Headquarters are based out of Wellesley, a town in Norfolk County, Massachusetts and considered a part of Greater Boston. Sun Life U.S. has the sixth-largest group benefits business in the United States and serves more than 60,000 employers in small, medium and large workplaces.

SunLife is part of Phoenix Group(opens in a new tab), the UK's largest long-term savings and retirement business. Phoenix Group strives to be a force for good in our society, with the customer and sustainability(opens in a new tab) central to how they do business.

In the U.S., Sun Life is one of the largest benefits providers, serving employers, partners and members in 50 states and Washington, D.C. We employ 7,800 employees in the United States.

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Sun Life Building / Construction started

Why choose Sun Life ? We're building sustainable and healthier communities for life. With constant innovation, we aim to provide long-term value to our Clients, Advisors, Employees, and the communities we serve. Community is at the heart of Sun Life.

How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Sun Life Financial net worth as of July 10, 2023 is $29.63B.

To make a claim call you can call 0800 833 800* (lines open Monday - Friday 9am-5pm). To process the claim, Golden Charter will need: The full name and address of the policyholder. The SunLife policy number.