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Company Details for:
SUN LIFE ASSURANCE OF CANADA (US)
Address
ONE SUN LIFE EXEC PARK SC 2335 ATT MICHAEL BLOOMWELLESLEY HILLS MA, 02181-5699
Phone
781-237-6030Market Share
Link to Supplemental Data Page
Life
| Year | Line | Market Share |
Num of Insureds |
Direct Prem & Annuities |
Divs Paid |
Direct Claims & Benefits Pd. |
Life Ins in Force |
Benefits Ratio |
|---|---|---|---|---|---|---|---|---|
| 2012 | Total Life | 0.09% | 6,358 | $10,256,971 | $0 | $55,225,836 | $276,080 | 538.42% |
| 2012 | Total Individual Life | 0.06% | 1,414 | $4,414,610 | $0 | $11,640,803 | $276,080 | 263.69% |
| 2012 | Individual Whole Life | 0.03% | 84 | $203,914 | $0 | $1,457,775 | $13,493 | 714.90% |
| 2012 | Individual Universal Life | 0.01% | 21 | $31,736 | $0 | $0 | $2,100 | 0.00% |
| 2012 | Individual Variable Life | 2.62% | 273 | $3,936,623 | $0 | $0 | $260,487 | 0.00% |
| 2012 | Individual Ordinary Annuities | 0.00% | 406 | $8,930 | $0 | $8,090,237 | $0 | 90596.16% |
| 2012 | Individual Variable Annuities | 0.01% | 491 | $233,407 | $0 | $1,544,062 | $0 | 661.53% |
| 2012 | Individual Equity Indexed Annuities | 0.00% | 139 | $0 | $0 | $548,729 | $0 | N/A |
| 2012 | Total Group Life | 0.15% | 4,944 | $5,842,361 | $0 | $43,585,033 | $0 | N/A |
| 2012 | Group Variable Life | -1.46% | 0 | $-146,233 | $0 | $0 | $0 | N/A |
| 2012 | Group Ordinary Annuities | 0.01% | 341 | $136,612 | $0 | $3,198,561 | $0 | N/A |
| 2012 | Group Variable Annuities | 0.96% | 4,603 | $5,851,982 | $0 | $40,386,472 | $0 | N/A |
| 2011 | Total Life | 0.92% | 7,003 | $93,264,010 | $0 | $48,688,144 | $295,905 | N/A |
| 2011 | Total Individual Life | 0.07% | 1,552 | $4,914,695 | $0 | $12,889,137 | $295,905 | N/A |
| 2011 | Individual Whole Life | 0.00% | 90 | $0 | $0 | $1,774,666 | $14,286 | N/A |
| 2011 | Individual Universal Life | 0.25% | 22 | $1,431,787 | $0 | $15,383 | $2,150 | N/A |
| 2011 | Individual Variable Life | 1.99% | 287 | $3,308,356 | $0 | $3,410,001 | $279,469 | N/A |
| 2011 | Individual Ordinary Annuities | 0.01% | 460 | $94,550 | $0 | $5,525,437 | $0 | N/A |
| 2011 | Individual Variable Annuities | 0.00% | 569 | $80,002 | $0 | $2,163,650 | $0 | N/A |
| 2011 | Individual Equity Indexed Annuities | 0.00% | 124 | $0 | $0 | $0 | $0 | N/A |
| 2011 | Total Group Life | 3.11% | 5,451 | $88,349,315 | $0 | $35,799,007 | $0 | N/A |
| 2011 | Group Variable Life | -6.32% | 0 | $-1,026,318 | $0 | $3,172,793 | $0 | N/A |
| 2011 | Group Ordinary Annuities | 5.30% | 355 | $23,495,268 | $0 | $2,475,396 | $0 | N/A |
| 2011 | Group Variable Annuities | 14.02% | 5,096 | $65,880,365 | $0 | $30,150,818 | $0 | N/A |
| 2010 | Total Life | 1.04% | 6,668 | $95,924,410 | $0 | $29,167,197 | $318,251 | N/A |
| 2010 | Total Individual Life | -0.02% | 1,873 | $-1,164,390 | $0 | $26,304,998 | $318,251 | N/A |
| 2010 | Individual Whole Life | 0.00% | 97 | $17,609 | $0 | $20,873,557 | $15,904 | N/A |
| 2010 | Individual Universal Life | 0.02% | 25 | $110,056 | $0 | $17,039 | $2,309 | N/A |
| 2010 | Individual Variable Life | 0.24% | 306 | $422,610 | $0 | $1,005,070 | $300,038 | N/A |
| 2010 | Individual Ordinary Annuities | -0.03% | 662 | $-423,673 | $0 | $179,732 | $0 | N/A |
| 2010 | Individual Variable Annuities | -0.06% | 652 | $-1,510,041 | $0 | $3,730,351 | $0 | N/A |
| 2010 | Individual Equity Indexed Annuities | 0.04% | 131 | $219,049 | $0 | $499,249 | $0 | N/A |
| 2010 | Total Group Life | 3.65% | 4,795 | $97,088,800 | $0 | $2,862,199 | $0 | N/A |
| 2010 | Group Variable Life | 13.26% | 0 | $1,822,499 | $0 | $0 | $0 | N/A |
| 2010 | Group Ordinary Annuities | 8.13% | 0 | $30,709,864 | $0 | $31,291 | $0 | N/A |
| 2010 | Group Variable Annuities | 13.99% | 4,795 | $64,556,437 | $0 | $2,830,908 | $0 | N/A |
Enforcements
The department action has not taken enforcement action against this company in the past three years.
Link to Enforcements Page
Link to Enforcements Page
Complaint Index
Link to Complaint Index Page
| Year | Line | Market Share |
Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2011 | Life and annuities | 1.18% | 1 | 8 |
| 2010 | Life and annuities | 1.11% | 2 | 14 |
Company Changes
- Effective Date: 12/01/2004
- Comments: Keyport Life Insurance Co. merged with and into Sun Life Assurance Co. of Canada (US).
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
This company does not have any financial exams.