Sun Life Financial Launches Future-B
Sun Life Financial International announced the launch of FUTURE-B, a Non-Participating Whole Life insurance product.
A spokesperson said, “Sun Life has long established itself as a pioneer in ultra-high-net-worth and high-net-worth life insurance markets. As a market leader with 25 years of dedicated service to HNW clientele, Sun Life Financial International helps Clients in over 75 countries achieve their wealth transfer goals.
“We are pleased to introduce FUTURE-B to our high-net-worth Clients,” says Paul Courtney, Chief Commercial Officer, Sun Life International Hubs. “Future-B is designed for those Clients who seek a guaranteed lifetime protection combined with potential value accumulation through Annual Additions that increase the death benefit, and a Final Addition.”
“FUTURE-B builds on the overwhelming success of our previous Whole Life product. Clients favor substantial levels of guaranteed lifetime coverage that comes with the potential for growing their legacy through Annual Additions and a Final Addition, as well as the flexibility of tailoring the Contract by choosing one of two guaranteed benefit options and a payment schedule that best fits their needs.
“Whole Life products continue to be popular with high-net-worth Clients in recent years. FUTURE-B follows the market trends and further expands our product portfolio. We are always focused on creating additional product choices for our high-net-worth Clients,” said Paul Courtney.
“FUTURE-B product is not available to citizens and residents of Bermuda, Canada and the United States. Other restrictions apply.”
