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Company Details

  SUN LIFE ASSURANCE COMPANY OF CANADA License Status :
Active

NAIC Number :

80802


Phone Number:

7814466740


Company Address:

96 Worcester Street Law Dept.
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
2021 Total Accident & Health 0.16% $120,736,186 $121,138,806 $76,764,375 $76,764,375 63.37 %
2021 Total Individual Accident & Health 0.00% $0 $0 $251 $251 N/A
2021 Individual Dental 0.00% $0 $0 $251 $251 N/A
2021 Total Group Accident & Health 0.23% $120,736,186 $121,138,806 $76,764,124 $76,764,124 63.37 %
2021 Group Specified Disease 1.27% $1,295,161 $1,299,480 $395,326 $395,326 30.42 %
2021 Group Accident Only 0.35% $1,267,457 $1,271,684 $172,504 $172,504 13.57 %
2021 Group Disability Income 2.25% $17,107,831 $17,164,880 $10,058,697 $10,058,697 58.60 %
2021 Group Dental 0.84% $11,998,261 $12,038,272 $8,112,509 $8,112,509 67.39 %
2021 Group Limited Benefit 0.34% $3,042,179 $3,052,323 $1,790,616 $1,790,616 58.66 %
2021 Group Stop Loss 2.45% $86,025,297 $86,312,167 $56,234,472 $56,234,472 65.15 %
2021 Total Life 0.07% $23,175,201 $0 $27,218,255 $0 N/A
2021 Total Individual Life 0.02% $5,158,136 $0 $13,015,195 $0 N/A
2021 Individual Whole Life 0.07% $1,136,478 $0 $7,984,357 $0 N/A
2021 Individual Term Life 0.01% $107,241 $0 $0 $0 N/A
2021 Individual Universal Life 0.22% $3,914,417 $0 $5,029,166 $0 N/A
2021 Individual Ordinary Annuities 0.00% $0 $0 $1,672 $0 N/A
2021 Total Group Life 0.14% $18,017,065 $0 $14,203,060 $0 N/A
2021 Group Term Life 1.11% $18,017,065 $0 $14,186,505 $0 N/A
2021 Group Ordinary Annuities 0.00% $0 $0 $16,555 $0 N/A
2020 Total Accident & Health 0.14% $108,714,603 $108,781,742 $65,743,627 $65,743,627 60.44 %
2020 Total Individual Accident & Health 0.00% $0 $0 $1,508 $1,508 N/A
2020 Individual Dental 0.00% $0 $0 $1,508 $1,508 N/A
2020 Total Group Accident & Health 0.21% $108,714,603 $108,781,742 $65,742,119 $65,742,119 60.43 %
2020 Group Specified Disease 0.94% $880,096 $880,640 $114,659 $114,659 13.02 %
2020 Group Accident Only 0.31% $1,079,628 $1,080,295 $113,875 $113,875 10.54 %
2020 Group Disability Income 1.98% $14,235,890 $14,244,681 $7,429,070 $7,429,070 52.15 %
2020 Group Dental 1.05% $14,359,031 $14,367,899 $8,377,646 $8,377,646 58.31 %
2020 Group Stop Loss 2.49% $78,159,958 $78,208,227 $49,706,869 $49,706,869 63.56 %
2020 Total Life 0.05% $22,238,566 $0 $20,714,351 $0 N/A
2020 Total Individual Life 0.03% $5,612,023 $0 $11,446,534 $0 N/A
2020 Individual Whole Life 0.09% $1,244,310 $0 $4,024,635 $0 N/A
2020 Individual Term Life 0.01% $121,979 $0 $5 $0 N/A
2020 Individual Universal Life 0.25% $4,245,734 $0 $7,420,208 $0 N/A
2020 Individual Ordinary Annuities 0.00% $0 $0 $1,686 $0 N/A
2020 Total Group Life 0.08% $16,626,543 $0 $9,267,817 $0 N/A
2020 Group Whole Life 10.70% $16,626,543 $0 $9,250,588 $0 N/A
2020 Group Ordinary Annuities 0.00% $0 $0 $17,229 $0 N/A

Enforcements

The department has not taken enforcement action against this company in the past three years.

Link to Enforcements Page


Complaint Index

Year Line Market Share Number of Complaints Complaint Index
2021 Health 1.09% 6 19
2021 Life and Annuities 0.22% 2 119
2020 Life and Annuities 0.19% 1 65
2020 Health 0.86% 4 14


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

Date: 01/12/2021

SLACC121.pdf


Financial Exams

This company does not have any financial exams.