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- Take the next step with this sample Client email.
See also Partial conversions with term carryover: help Clients keep more coverage.
We're glad to inform you that the third-party outage is now resolved. Due to this outage, some of Sun Life’s systems, business teams and external providers experienced disruption. This disruption limited our access to emails as well as the ability to process new insurance applications and other administrative requests. As a result, we’re now ramping back to full operational service over the next few days. We apologize for any inconvenience this might have caused. Again, we thank you for your patience and understanding.
Converting term life insurance to a longer term length gives Clients flexibility. It helps them keep the coverage they need without providing new evidence of insurability.
This can help Clients whose temporary needs will last longer than when they first bought their policy. It may also be a choice for Clients with more disposable income.
Clients must select a longer term period than their original term policy:
Original term | Available term length |
---|---|
T10 | T20, T30 |
T15 | T20, T30 |
If converting to a 20-year term, the Client must convert before the earlier of the seventh policy anniversary and:
If converting to a 30-year term, the Client must convert before the earlier of the seventh policy anniversary and:
Things to know | |
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Insurance amount |
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Rates |
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Risk classes |
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See also Partial conversions with term carryover: help Clients keep more coverage.
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