JOINT STATEMENT BY CANADIAN BANKS AND LIFE INSURANCE COMPANIES REGARDING ANNUAL MEETINGS IN 2023 TORONTO, Dec. 8, 2022 /CNW/ - This is a joint statement issued by BMO, CIBC, Canadian Western Bank, Laurentian Bank, National Bank, RBC, Scotiabank, TD Bank Group, Great-West Lifeco, Canada Life, Manulife and Sun Life. Each of us continues to monitor the ongoing COVID-19 pandemic and the directives and recommendations from public health and government authorities. In the last few years, we have been taking a series of proactive precautionary measures to help protect the health and well-being of our employees, clients and communities. This degree of care and concern extends to all of our...
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Staying optimistic is a good attitude to take, but is it enough to overcome negative experiences or misfortune? The majority of Indonesian people view life with optimism, but this trait has come increasingly under question, given the inevitable risk it poses to their financial situation. A young family with two small children will face serious hardships if the father, the family’s breadwinner, loses his job when his employer decides to downsize staff due to stagnation from the prolonged COVID-19 pandemic. This example illustrates how an unexpected event, such as the COVID-19 pandemic, can pose real risks to a family’s financial situation. In fact, life holds many unexpected...
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If one would need or want to get a Critical Illness / Life Insurance with a limited budget, I would highly recommend getting Sun LifeAssure instead. Sun LifeAssure is by far, the most affordable Critical Illness / Life Insurance in the market today. Sun Life Assure is actually a five-year renewable Term Insurance plan that gives some sort of protection for the insured from 36 Critical Illnesses, at least financially. Once diagnosed with any of these 36 Critical Illnesses, or has undergone any specified surgeries before age 70, Sun Life releases the face amount to the insured or in case of death, to the beneficiaries. Covered critical illnesses include heart attack, cancer, stroke, multiple...
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Sun Life Malaysia has appointed Jeffry Azmi Mohd Shah (pictured above) as the new CEO of Sun Life Malaysia Takaful Berhad (SLMT), effective immediately. Shah has over 30 years of experience in life insurance and takaful. He joined Sun Life Malaysia in 2016 as head of underwriting and was later promoted to head of operations in 2017. Most recently, he worked as the company’s chief operations officer, responsible for leading various initiatives focused on operational, underwriting, claims, client service, and digital practices. Shah has also held various leadership roles with leading life insurance companies before joining Sun Life Malaysia, including Life Assurance, Mayban Life...
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Sun Life Global Investments continues to provide Canadians with more choice in wealth-building solutions amid market uncertainties TORONTO, Oct. 14, 2022 /CNW/ - Today, Sun Life Global Investments announced the launch of a new partnership with B2B Bank, a wholly owned subsidiary of Laurentian Bank, to offer Sun Life Global Investments' Clients registered retirement savings plan (RRSP) loans. In partnership with B2B Bank, Sun Life Global Investments' will offer new RRSP loans for its Sun Guaranteed Investment Fund (GIF) Solutions, one of Sun Life Global Investments' segregated fund contract options. The 2022 FP Canada™ Financial Stress Index reveals that 32% of those surveyed feel that...
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SUN LIFE of Canada (Philippines) Inc. (Sun Life) launches Sun Wealth Prime 7, a new single-pay life insurance plan that provides protection and various other guaranteed benefits. "The Sun Wealth Prime 7 offers guaranteed benefits such as life insurance protection, regular annual payouts and has a savings component," says Carla Gonzalez-Chong, Sun Life chief client experience and marketing officer. "It's suitable for those looking to build their financial portfolio or for those who simply want to strengthen it." Sun Wealth Prime 7 is designed to help policyholders secure the future of their loved ones by providing life insurance protection for seven years. Aside from the guaranteed life...
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You’ve put everything into your business – and you have a lot of people depending on its success. But sometimes an accident or untimely death could put your business and your loved ones at risk if you’re not insured with Loan Insurance. It’s flexible, convenient and will give you the confidence of knowing you’re covered. Easy application process Apply for insurance at the same time you apply for a loan, or add it to an existing FCC loan at any point. Convenient Insurance premiums are added to your loan payment for an all-inclusive payment. Flexible coverage Choose the amount and type of coverage that’s right for you and only pay for the insurance you and everyone in your operation needs. If...
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WELLESLEY, Mass., Oct. 6, 2022 /PRNewswire/ -- Sun Life U.S. has been recognized by Ragan Communications' Video, Visual & Virtual Awards for its 2021 Sunny Summer Games program as the "best virtual employee engagement event." Now in its second year, the Sunny Summer Games are a virtual competition that allows colleagues to team up – either in chosen groups or randomly assigned teams – and compete in a series of contests. Employees of all levels of the organization, no matter where they are located, are able to take part in this event at Sun Life. The games were created by a group of Sun Life employees in the summer of 2021, with the pandemic wearing on, as a fun way to engage employees...
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Two of Canada’s largest health and life insurance companies have made net-zero promises but continue investing billions of dollars in fossil fuels. As of June, Sun Life and Manulife’s fossil fuel investments stand at US$15.9 billion and $9.9 billion, respectively, new data from the forthcoming global coal, oil and gas exit lists, obtained by Canada’s National Observer, reveals. Launched in 2017, the Global Coal Exit List is a comprehensive database managed by German NGO Urgewald. It is used by financial institutions, civil society organizations, regulators and others to track thermal coal investments. The Global Oil and Gas Exit List is a sister database launched last year...
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SUN Life Grepa Financial Inc. (Sun Life Grepa), a life insurance company in the country, has just launched a new product that allows its clients to build and strengthen their financial portfolios. Sun Grepa Wealth Prime is a single-pay life insurance plan that provides guaranteed annual payouts and a money-back guarantee after seven years on top of its guaranteed life insurance protection. "We are excited to offer this new product to help more clients ease their financial worries and put certainty on their savings," Sun Life Grepa President Richard Lim said. "We want to give them a chance to accelerate growth in their finances while protecting their family's future and preserving their...
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