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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
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 Written | Direct Premium Earned | Direct Losses Paid | Direct Losses Incurred | Loss Ratio |
|---|---|---|---|---|---|---|---|
| 2019 | Total Accident & Health | 0.15% | $87,093,788 | $87,223,404 | $59,118,940 | $59,118,940 | 67.78 % |
| 2019 | Total Group Accident & Health | 0.21% | $87,093,788 | $87,223,404 | $59,118,940 | $59,118,940 | 67.78 % |
| 2019 | Group Specified Disease | 0.58% | $584,633 | $585,503 | $133,503 | $133,503 | 22.80 % |
| 2019 | Group Accident Only | 0.27% | $865,363 | $866,651 | $62,290 | $62,290 | 7.19 % |
| 2019 | Group Disability Income | 1.92% | $10,953,747 | $10,970,049 | $5,787,935 | $5,787,935 | 52.76 % |
| 2019 | Group Dental | 0.86% | $9,205,934 | $9,219,635 | $5,069,262 | $5,069,262 | 54.98 % |
| 2019 | Group Stop Loss | 3.15% | $65,484,111 | $65,581,566 | $48,065,950 | $48,065,950 | 73.29 % |
| 2019 | Total Life | 0.06% | $17,396,900 | $0 | $28,040,724 | $0 | N/A |
| 2019 | Total Individual Life | 0.03% | $5,459,575 | $0 | $20,152,150 | $0 | N/A |
| 2019 | Individual Whole Life | 0.09% | $1,186,181 | $0 | $9,263,607 | $0 | N/A |
| 2019 | Individual Term Life | 0.01% | $131,322 | $0 | $449,995 | $0 | N/A |
| 2019 | Individual Universal Life | 0.29% | $4,142,072 | $0 | $10,433,509 | $0 | N/A |
| 2019 | Individual Ordinary Annuities | 0.00% | $0 | $0 | $5,039 | $0 | N/A |
| 2019 | Total Group Life | 0.11% | $11,937,325 | $0 | $7,888,574 | $0 | N/A |
| 2019 | Group Term Life | 1.04% | $11,937,325 | $0 | $7,870,914 | $0 | N/A |
| 2019 | Group Ordinary Annuities | 0.00% | $0 | $0 | $17,660 | $0 | N/A |
| 2018 | Total Accident & Health | 0.10% | $57,212,517 | $57,438,191 | $35,366,752 | $35,366,752 | 61.57 % |
| 2018 | Total Group Accident & Health | 0.14% | $57,212,517 | $57,438,191 | $35,366,752 | $35,366,752 | 61.57 % |
| 2018 | Group Specified Disease | 0.13% | $116,173 | $116,632 | $19,394 | $19,394 | 16.63 % |
| 2018 | Group Accident Only | 0.05% | $160,568 | $161,201 | $11,579 | $11,579 | 7.18 % |
| 2018 | Group Disability Income | 0.98% | $5,876,099 | $5,899,277 | $4,972,944 | $4,972,944 | 84.30 % |
| 2018 | Group Dental | 0.20% | $1,815,221 | $1,822,381 | $865,837 | $865,837 | 47.51 % |
| 2018 | Group Stop Loss | 2.88% | $49,244,456 | $49,438,700 | $29,496,998 | $29,496,998 | 59.66 % |
| 2018 | Total Life | 0.04% | $13,018,152 | $0 | $27,972,548 | $0 | N/A |
| 2018 | Total Individual Life | 0.04% | $6,244,776 | $0 | $23,216,738 | $0 | N/A |
| 2018 | Individual Whole Life | 0.13% | $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 | 0.30% | $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 | 0.04% | $6,773,376 | $0 | $4,755,810 | $0 | N/A |
| 2018 | Group Term Life | 0.58% | $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 | 0.07% | $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 | 0.61% | $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 | 2.70% | $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 | 0.14% | $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 | 0.31% | $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 | 0.07% | $6,016,810 | $0 | $4,116,512 | $0 | N/A |
| 2017 | Group Term Life | 0.54% | $6,016,810 | $0 | $4,098,462 | $0 | N/A |
| 2017 | Group Ordinary Annuities | 0.00% | $0 | $0 | $18,050 | $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 |
|---|---|---|---|---|
| 2019 | Health | 0.63% | 3 | 12 |
| 2019 | Life and Annuities | 0.16% | 1 | 65 |
| 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 |
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.
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
This company does not have any financial exams.