Financial strength

Applying our strength and innovation to your multigenerational wealth goals

At Sun Life Financial International, our promise is to help you preserve, advance and transfer your wealth and achieve your multigenerational goals over time and across geographic borders. We stand behind this promise with two core and unique traits:

  • For 150 years, the Sun Life Financial family of companies has weathered economic ups-and-downs and today stands as a strong and stable financial organization. Simply put, millions of people worldwide trust and rely on Sun Life Financial.
  • Sun Life Financial International launched the Bermuda-based business in 1996 and continues to offer innovative  insurance solutions. This empowers your family and business to benefit from Bermuda’s historic political stability and its laws, which do not currently assess any income, withholding, or capital gains taxes in Bermuda.

Independent rating agencies consistently give Sun Life Assurance Company of Canada top ratings.

AGENCY 2018 2017 2016 2015 2014
Standard & Poor's AA-
Very Strong
AA-
Very Strong
AA-
Very Strong
AA-
Very Strong
AA-
Very Strong
A.M. Best A+
Superior
A+
Superior
A+
Superior
A+
Superior
A+
Superior
Moody's Aa3
High Quality
Aa3
High Quality
Aa3
High Quality
Aa3
High Quality
Aa3
High Quality

Current ratings are at www.sunlife.com.


Engineering Life Insurance Solutions for international, high-net-worth families

Or Life Insurance solutions are written by Sun Life Assurance Company of Canada (Bermuda Branch). Because a branch is a geographically defined part of a larger company, our life insurance products:

  • Benefit from the same financial ratings assigned to Sun Life Assurance Company of Canada, which has a solid capital position and maintains strong ratings from independent agencies. [1]
  • Offer guarantees that are backed by the financial strength of Sun Life Assurance Company of Canada; remember that an insurance product’s guarantee is only as valuable as the issuing company’s ability to honor it.
  • Are subject to applicable Canadian laws and regulations. Sun Life Assurance Company of Canada is subject to Canada’s Winding-Up and Restructuring Act (WURA). This Act sets the priorities for the winding-up of insolvent insurance companies, ensuring that policyholders are credited before debtors and shareholders of preferred and common stock.[2]

Helping preserve, access and transfer their wealth across generations.

Our universal life insurance products are designed to address two top-of-mind concerns for international, high-net worth families – providing the protection and liquidity they require, and allowing for the efficient passing of wealth to future generations.

 

[1] Current ratings are at www.sunlife.com

[2]An insolvent Canadian insurance company would be subject to the Winding-Up and Restructuring Act (Canada) (WURA). Generally, the WURA places the claims of policyholders ahead of unsecured creditors, subordinated debt holders, and holders of preferred and common shares. The WURA does not guarantee that policyholders will be credited. Information on the WURA is informational and should not be considered legal advice. Clients with specific questions concerning the WURA should consult private counsel.

The Sun Life Financial group of companies operates under the "Sun Life Financial" name. Sun Life Financial, Inc., the publicly traded holding company for the Sun Life Financial group of companies, is not a product offing company and is not the guarantor of the obligation of its subsidiaries. In certain communications, the company may be referred to as "Sun Life Financial International" strictly as a marketing name and no legal significance is expressed or implied.

The Sun Life Financial group of companies operates under the "Sun Life Financial" name. Sun Life Financial Inc., the publicly traded holding company for the Sun Life Financial group of companies, is not a product offering company and is not the guarantor of the obligations of its subsidiaries.

Life insurance products available through the international offshore business based in Bermuda are offered by Sun Life Assurance Company of Canada (Bermuda Branch). These products may not be sold in the United States, nor to citizens or residents of the United States, nor to residents of Bermuda or Canada.

Wealth and Investment products through the international offshore business based in Bermuda were issued by, and supported by the financial strength and claims paying ability of, Sun Life Financial Investments (Bermuda) Ltd. ("SLFIB"). Certain payment obligations of some products issued by SLFIB are supported by a guarantee in its favor by its parent company, Sun Life Assurance Company of Canada; see product offering document(s) for details. Among other restrictions, these products were not available for sale in the United States, nor to citizens or residents of the United States or Canada, nor to residents of Bermuda. SLFIB no longer markets the Wealth and Investment products, having discontinued new sales as of December 2015.

In certain communications, the company may be referred to as "Sun Life Financial International" strictly as a marketing name and no legal significance is expressed or implied.

Sun Life Financial Investments (Bermuda) Ltd., Hamilton, Bermuda, is regulated and licensed to conduct Investment Business by the Bermuda Monetary Authority under Bermuda's Investment Business Act.

The information and scenarios described herein are not intended as legal or tax advice. Tax treatment of offshore products has not been determined under the tax legislation applicable to you or any individual investor. Legal and tax consequences that may be applicable in any relevant jurisdiction will need to be considered for each investor's situation. Investors should consult with their tax advisors regarding the ownership of offshore products prior to investing.

SLB 2352 0718 exp.0720