Guaranteed issue policies are usually more expensive than regular whole life or term life insurance because the underwriter has to assume more risk in the absence of a medical exam. Guaranteed issue coverage doesnвЂ™t require a medical exam, so anyone who applies can get approved, regardless of their health. On its website, Sun Life mentions that it offers a guaranteed issue life insurance policy. If your cash value reserves are big enough, you can use the money to reduce the frequency or the amount of your premiums. However, universal life insurance has a flexible death benefit and adjustable premiums. Like whole life insurance, universal life insurance builds cash value that can be used as a loan while youвЂ™re still living. In most cases, you can either repay the loan with interest, or as an alternative, the money will be deducted from the death benefit. Once the cash value reaches a certain balance, you can withdraw some of the money and use it like a personal loan. The main difference between whole life insurance and term life insurance is that whole life insurance builds cash value, which grows at a fixed interest rate. Whole life insurance offers permanent coverage that lasts for your entire lifetime. If they outlive the term, they sometimes have the option to convert their term policy into a permanent policy, otherwise, the coverage ends when the term ends. If the policyholder passes away during the term, their beneficiaries receive the death benefit. Term life insurance provides coverage for a certain number of years and has level premiums and a guaranteed death benefit. Term life insurance is a good option for young and healthy individuals or families who want affordable coverage. If youвЂ™re interested in learning more about the specifics of any of these policies, we recommend reaching out to the company. Although Sun Life has some information about its group life policies, we found hardly any details about the individual life options. Unfortunately, you wonвЂ™t be able to find much information about these policies or what they cover on Sun LifeвЂ™s website. Sun Life sells four types of life insurance. Difficult to navigate the website: Because Sun Life has a different webpage for every region, it can be difficult to find the information youвЂ™re looking for that is relevant to your home country.No online quotes: Sun Life doesnвЂ™t offer online quotes, nor is there an online form you can submit to request more information about individual life policies.ThereвЂ™s no way to search for in-person agents in the U.S. Average customer support options: To get in touch with Sun Life, you have to call or email the company.Limited policy information online: Sun Life doesnвЂ™t include any information online about what its policies cover, including age qualifications, coverage limits, and term lengths.Great financial strength rating: The company has an A+ rating from AM Best, which indicates superior financial strength.No-exam coverage available: Sun Life offers a guaranteed issue policy that doesnвЂ™t require applicants to take a traditional medical exam.Easy to request policy changes online: Sun Life has an extensive library of online forms, which makes it easy to request updates to your policy, change your beneficiaries, and file claims without contacting an agent first.You can review our list of the best life insurance companies for what we think are better options. References to products or services unavailable in your jurisdiction do not imply that these products will be made available to you, and are not to be considered a solicitation to buy or an offer to sell a security, insurance product or service to any person in any jurisdiction where such offer or solicitation, purchase or sale would be unlawful under the securities, insurance or other laws of such jurisdiction.Sun Life is not one of our top-rated life insurance companies. International Calling, please be aware that some products, services, product features or underlying investment options may not be available in your jurisdiction and generally are not available outside the United States. Please note, Customer Service Associates are unable to provide investment advice. Customer Services Associates are available Monday - Friday, 8 AM to 9 PM ET, except on stock market holidays.Д¬ustomer Service Associates are available to help you complete your transaction and understand how your plan works. Call Customer Service at 80 or send a fax to 80.

Sun life customer service