Sun Life Financial Inc is one of the leading financial services company that provides insurance and wealth products to individuals, institutions and businesses. It is said to be among the largest public companies based in Canada.
The company has a network of advisors, third-party partners and other distributors, who provide financial services to customers across Canada, the US, Asia, the UK, and other parts of the world.
The company offers a wide range of financial products and services under four categories, including:
• Insurance – The policies include Life, health, disability, wellness, critical illness, stop-loss and long-term care insurance. The company offers term life insurance and permanent life insurance plans.
• Investments – mutual funds, annuities, guaranteed investment products and segregated funds
• Financial advice – Provides retirement planning and financial planning services
• Asset Management – Provides asset management services through its subsidiaries MFS Investment Management and SLC Management. The products include institutional portfolios, pooled funds and pension funds.
Through its Team Up Against Diabetes program, the financial services company aims to spread awareness, prevention, care, and research about diabetes across the globe. Other initiatives include workplace peer-support programs, disease prevention programs and setting up health screening clinics as part of its community service approach.
The organization has operations in various markets including, Ireland, Hong Kong, the United States, Philippines, the United Kingdom, Japan, Singapore, Australia, Indonesia, India, China, Malaysia, Vietnam, Bermuda and Canada.
The company claims to have strong Financial Strength Ratings in the industry.
It is listed on the Toronto Stock Exchange, New York Stock Exchange and Philippine Stock Exchange and trades under the ticker symbol ‘SLF’.
In 2021, the company was reportedly ranked among the world’s 100 most sustainable corporations by Corporate Knights, a Toronto-based media and investment research firm.
The group claims to have donated C$ 100,000 to support relief efforts in India for those affected by the second wave of the COVID-19 pandemic. Sun Life Financial Inc said it is taking steps to promote the safety and wellness of its clients, employees, advisors and the communities.