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 3.06% $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 2.83% $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 2.66% $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.

Link to Enforcements Page


Complaint Index

Year Line Market Share Number of Complaints Complaint Index
2019 Life and Annuities 0.16% 1 65
2019 Health 0.63% 3 12
2018 Health 0.52% 3 14
2018 Life and Annuities 0.14% 0 0
2017 Health 0.45% 4 20
2017 Life and Annuities 0.14% 0 0


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.