Sun Life Financial provides financial planning services for various life and work situations, according to the company website. Typical products involve plans for financial security, including health and life insurance, and investments for savings and income growth. One unique product available as of October 2015 is the SunFlex Retirement Income investments account.Continue Reading
The company offers a full spectrum of health and life insurance products to cover working and retirement income. Retirement income is protected with insurance that covers personal health and critical illness, the company website reports. Working income is covered with additional disability insurance when desired. Sun Life Financial also offers mortgage protection insurance to cover payments during illness or sudden death.
Sun Life Financial provides investment options for savings and retirement. The company states on its website that it offers common services to build savings, including market-based investment products and those designed to pay for educating children. For retirement, Sun Life Financial provides income annuities and segregated funds for income growth.
A unique service offered by Sun Life Financial is the SunFlex investment account, as stated by the company. While there is a minimum withdrawal requirement, the company offers performance-linked income options to the account that are tax-free. Choices include fixed income funds, equity funds, exchange-traded funds, and Canadian and foreign issues, or combinations, depending on income goals and risk tolerance. Income is taxed at the time of withdrawal.Learn more about Financial Planning