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.

Link to Enforcements Page


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.