We recognize that a growing part of the insurance market is made up with recent immigrants to Canada. Providing more of these Clients access to life insurance and living benefit products has become an important part of Sun Life.
Upcoming key updates include*:
- Streamlining guidelines to better align with information provided by Immigration Canada
- Adding new insurance categories for study visa holders, up to 250,000 for life coverage
- Introducing up to $100,000 in critical illness coverage for Refugees*
- Allowing up to $250,000 in life coverage for all other temporary residents who have resided in Canada for at least 3 months and have a valid work visa*
*Certain exclusions will apply
Stay tuned. We’ll communicate to you when we’re officially accepting applications from study visa holders and applying the updated temporary residents guideline.
