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Company Details
SUN LIFE ASSURANCE COMPANY OF CANADA License Status :
Active
NAIC Number :
80802
Phone Number:
781-237-6030
Company Address:
ONE SUN LIFE EXECUTIVE PARK DL 1165
WELLESLEY HILLS, MA 02481
Description:
Life and Health
License Number:
A418956
Date Admitted:
1926-10-19
Market Share
Link to Supplemental Data Page
| Year | Line | Market Share | Direct Premium Earned | Direct Premium Written | Direct Losses Paid | Direct Losses Incurred | Loss Ratio |
|---|---|---|---|---|---|---|---|
| 2018 | Total Accident & Health | 0.05% | $57,212,517 | $57,438,191 | $35,366,752 | $35,366,752 | 61.57 % |
| 2018 | Total Group Accident & Health | 0.07% | $57,212,517 | $57,438,191 | $35,366,752 | $35,366,752 | 61.57 % |
| 2018 | Group Specified Disease | 0.07% | $116,173 | $116,632 | $19,394 | $19,394 | 16.63 % |
| 2018 | Group Accident Only | 0.03% | $160,568 | $161,201 | $11,579 | $11,579 | 7.18 % |
| 2018 | Group Disability Income | 0.53% | $5,876,099 | $5,899,277 | $4,972,944 | $4,972,944 | 84.30 % |
| 2018 | Group Dental | 0.11% | $1,815,221 | $1,822,381 | $865,837 | $865,837 | 47.51 % |
| 2018 | Group Stop Loss | 1.44% | $49,244,456 | $49,438,700 | $29,496,998 | $29,496,998 | 59.66 % |
| 2018 | Total Life | 0.02% | $13,018,152 | $0 | $27,972,548 | $0 | N/A |
| 2018 | Total Individual Life | 0.02% | $6,244,776 | $0 | $23,216,738 | $0 | N/A |
| 2018 | Individual Whole Life | 0.07% | $1,600,368 | $0 | $6,645,433 | $0 | N/A |
| 2018 | Individual Term Life | 0.01% | $129,756 | $0 | $5,000,000 | $0 | N/A |
| 2018 | Individual Universal Life | 0.16% | $4,514,652 | $0 | $11,562,786 | $0 | N/A |
| 2018 | Individual Ordinary Annuities | 0.00% | $0 | $0 | $8,519 | $0 | N/A |
| 2018 | Total Group Life | 0.02% | $6,773,376 | $0 | $4,755,810 | $0 | N/A |
| 2018 | Group Term Life | 0.31% | $6,773,376 | $0 | $4,737,787 | $0 | N/A |
| 2018 | Group Ordinary Annuities | 0.00% | $0 | $0 | $18,023 | $0 | N/A |
| 2017 | Total Accident & Health | 0.08% | $42,966,799 | $43,373,114 | $34,586,492 | $34,586,492 | 79.74 % |
| 2017 | Total Group Accident & Health | 0.11% | $42,966,799 | $43,373,114 | $34,586,492 | $34,586,492 | 79.74 % |
| 2017 | Group Specified Disease | 0.04% | $33,588 | $33,906 | $4,730 | $4,730 | 13.95 % |
| 2017 | Group Accident Only | 0.02% | $69,454 | $70,111 | $7,211 | $7,211 | 10.29 % |
| 2017 | Group Disability Income | 0.66% | $3,546,160 | $3,579,694 | $5,067,608 | $5,067,608 | N/A |
| 2017 | Group Dental | 0.03% | $206,112 | $208,061 | $208,605 | $208,605 | N/A |
| 2017 | Group Stop Loss | 2.72% | $39,111,485 | $39,481,342 | $29,298,338 | $29,298,338 | 74.21 % |
| 2017 | Total Life | 0.06% | $12,543,335 | $0 | $18,597,900 | $0 | N/A |
| 2017 | Total Individual Life | 0.05% | $6,526,525 | $0 | $14,481,388 | $0 | N/A |
| 2017 | Individual Whole Life | 0.15% | $1,726,278 | $0 | $4,942,546 | $0 | N/A |
| 2017 | Individual Term Life | 0.02% | $183,613 | $0 | $601,000 | $0 | N/A |
| 2017 | Individual Universal Life | 0.33% | $4,616,634 | $0 | $8,928,530 | $0 | N/A |
| 2017 | Individual Ordinary Annuities | 0.00% | $0 | $0 | $9,312 | $0 | N/A |
| 2017 | Total Group Life | 0.08% | $6,016,810 | $0 | $4,116,512 | $0 | N/A |
| 2017 | Group Term Life | 0.57% | $6,016,810 | $0 | $4,098,462 | $0 | N/A |
| 2017 | Group Ordinary Annuities | 0.00% | $0 | $0 | $18,050 | $0 | N/A |
| 2016 | Total Accident & Health | 0.07% | $40,819,991 | $40,820,980 | $36,281,766 | $36,281,766 | 88.88 % |
| 2016 | Total Group Accident & Health | 0.11% | $40,819,991 | $40,820,980 | $36,281,766 | $36,281,766 | 88.88 % |
| 2016 | Group Specified Disease | 0.03% | $31,129 | $31,129 | $6,027 | $6,027 | 19.36 % |
| 2016 | Group Accident Only | 0.01% | $36,976 | $36,977 | $3,130 | $3,130 | 8.46 % |
| 2016 | Group Disability Income | 0.56% | $2,905,075 | $2,905,145 | $4,713,874 | $4,713,874 | N/A |
| 2016 | Group Dental | 0.04% | $274,419 | $274,426 | $203,014 | $203,014 | 73.98 % |
| 2016 | Group Stop Loss | 2.92% | $37,572,392 | $37,573,303 | $31,355,721 | $31,355,721 | 83.45 % |
| 2016 | Total Life | 0.06% | $12,840,789 | $0 | $16,497,815 | $0 | N/A |
| 2016 | Total Individual Life | 0.05% | $6,813,902 | $0 | $10,112,604 | $0 | N/A |
| 2016 | Individual Whole Life | 0.15% | $1,653,559 | $0 | $3,848,254 | $0 | N/A |
| 2016 | Individual Term Life | 0.02% | $190,063 | $0 | $0 | $0 | N/A |
| 2016 | Individual Universal Life | 0.35% | $4,970,280 | $0 | $6,254,740 | $0 | N/A |
| 2016 | Individual Ordinary Annuities | 0.00% | $0 | $0 | $9,610 | $0 | N/A |
| 2016 | Total Group Life | 0.08% | $6,026,887 | $0 | $6,385,211 | $0 | N/A |
| 2016 | Group Term Life | 0.62% | $5,663,887 | $0 | $6,338,419 | $0 | N/A |
| 2016 | Group Ordinary Annuities | 0.00% | $0 | $0 | $46,792 | $0 | N/A |
| 2016 | Group Deposit-Type Funds | 0.04% | $363,000 | $0 | $0 | $0 | N/A |
Enforcements
The department has not taken enforcement action against this company in the past three years.
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2018 | Health | 0.52% | 3 | 14 |
| 2018 | Life and Annuities | 0.14% | 0 | 0 |
| 2017 | Life and Annuities | 0.14% | 0 | 0 |
| 2017 | Health | 0.45% | 4 | 20 |
| 2016 | Health | 0.44% | 3 | 15 |
| 2016 | Life and Annuities | 0.13% | 1 | 67 |
Company Changes
Effective Date: 03/01/2003
Comments: U.S. Branch of Clarica Life Insurance Co. merged with and into Sun Life Assurance Co. of Canada.
Effective Date: 04/22/2014
Comments:
Effective Date: 02/18/2014
Comments:
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
This company does not have any financial exams.