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
2022 Total Accident & Health 0.20% $131,036,229 $132,315,239 $75,830,611 $75,830,611 57.31 %
2022 Total Individual Accident & Health 0.00% $0 $0 $126 $126 N/A
2022 Individual Dental 0.00% $0 $0 $126 $126 N/A
2022 Total Group Accident & Health 0.29% $131,036,229 $132,315,239 $75,830,485 $75,830,485 57.31 %
2022 Group Specified Disease 2.11% $2,096,432 $2,116,895 $307,433 $307,433 14.52 %
2022 Group Accident Only 0.41% $1,730,643 $1,747,535 $176,625 $176,625 10.11 %
2022 Group Disability Income 2.11% $17,649,856 $17,822,131 $9,582,819 $9,582,819 53.77 %
2022 Group Dental 0.88% $12,421,808 $12,543,054 $7,813,243 $7,813,243 62.29 %
2022 Group Limited Benefit 0.37% $3,629,714 $3,665,143 $1,716,935 $1,716,935 46.84 %
2022 Group Stop Loss 2.30% $93,507,776 $94,420,481 $56,233,430 $56,233,430 59.56 %
2022 Total Life 0.06% $24,653,218 $0 $29,266,637 $0 N/A
2022 Total Individual Life 0.02% $4,620,632 $0 $16,794,348 $0 N/A
2022 Individual Whole Life 0.06% $934,062 $0 $10,697,328 $0 N/A
2022 Individual Term Life 0.01% $76,380 $0 $400,000 $0 N/A
2022 Individual Universal Life 0.20% $3,610,190 $0 $5,695,335 $0 N/A
2022 Individual Ordinary Annuities 0.00% $0 $0 $1,685 $0 N/A
2022 Total Group Life 0.14% $20,032,586 $0 $12,472,289 $0 N/A
2022 Group Term Life 1.33% $20,032,586 $0 $12,461,387 $0 N/A
2022 Group Ordinary Annuities 0.00% $0 $0 $10,902 $0 N/A
2021 Total Accident & Health 0.15% $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 0.22% $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 2.23% $17,107,831 $17,164,880 $10,058,697 $10,058,697 58.60 %
2021 Group Dental 0.79% $11,998,261 $12,038,272 $8,112,509 $8,112,509 67.39 %
2021 Group Limited Benefit 0.33% $3,042,179 $3,052,323 $1,790,616 $1,790,616 58.66 %
2021 Group Stop Loss 2.33% $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 1.10% $18,017,065 $0 $14,186,505 $0 N/A
2021 Group Ordinary Annuities 0.00% $0 $0 $16,555 $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
2022 Health 1.24% 7 22
2022 Life and Annuities 0.23% 1 61
2021 Health 1.09% 6 19
2021 Life and Annuities 0.22% 2 119


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.