Sun Life

Sun Life

Provides life, health insurance, and financial services

About Sun Life

Simplify's Rating
Why Sun Life is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Fintech

Financial Services

Company Size

10,001+

Company Stage

IPO

Headquarters

null

Founded

1865

Overview

Sun Life offers a variety of financial services, including life insurance, health insurance, financial planning, and investment solutions. Their products are designed to help individuals, businesses, and institutions achieve financial security and improve their overall well-being. Sun Life operates in multiple regions, including Canada, the United States, Asia, and Europe, which allows them to serve a diverse client base. The company generates revenue through insurance premiums, fees for financial planning services, and returns from investment products. A key aspect that sets Sun Life apart from its competitors is its commitment to sustainability, with a goal of reaching net zero emissions by 2050.

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Simplify's Take

What believers are saying

  • Sun Life's partnership with Progyny enhances employee health benefits, including menopause support.
  • The TeamSmile partnership expands Sun Life's reach in providing dental care to underserved children.
  • Sun Life's focus on digital health solutions aligns with the growing trend in virtual healthcare.

What critics are saying

  • Sun Life faces increased competition in the Asian market from local insurers.
  • Potential reputational risk from investments in controversial entities like WLF.
  • Rising healthcare costs challenge profitability in the U.S. dental insurance market.

What makes Sun Life unique

  • Sun Life offers a comprehensive range of financial services globally.
  • The company is committed to sustainability, aiming for net zero emissions by 2050.
  • Sun Life has a strong presence in diverse markets, including Asia and North America.

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Funding

Total Funding

$1250M

Above

Industry Average

Funded Over

1 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

Health Insurance

Life Insurance

Disability Insurance

Paid Vacation

Paid Sick Leave

Parental Leave

401(k) Retirement Plan

401(k) Company Match

Flexible Work Hours

Hybrid Work Options

Wellness Program

Mental Health Support

Company Equity

Stock Options

Company News

Deythere
Apr 3rd, 2025
SEC Under Pressure to Investigate Trump's Crypto Ties: Regulatory Clash Ahead?

Sun reportedly invested $30 million in WLF and later increased his investment to $75 million.

HR Executive
Mar 27th, 2025
How menopause inclusivity can help fast-track culture transformation

Among its efforts in recent years, Sun Life partnered with the Menopause Foundation of Canada in 2023 for an awareness-raising campaign, including the publication of an employer resource guide and research report, and earlier this year added menopause benefits for employees through provider Progyny.

Where's RR?
Mar 26th, 2025
SLGS Philippines hosts tech workshop to empower the youth for Women's Month

Sun Life Asks was recognized at the 2024 CIO Awards Canada, which celebrate Canadian organizations and the teams within them that are using IT in innovative ways to deliver business value, whether by creating competitive advantage, optimizing business processes, enabling growth, or improving relationships with customers.

PR Newswire
Mar 25th, 2025
Sun Life Announces Annual Meetings Of Shareholders And Voting Policyholders And Availability Of 2024 Annual Report, 2025 Management Information Circular And 2025 Information For Voting Policyholders' Booklet

TORONTO, March 25, 2025 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) (the "Company") today announced that its Annual Meeting of shareholders and the Annual Meeting of voting policyholders of Sun Life Assurance Company of Canada scheduled for Thursday, May 8, 2025 will be held both via live webcast and in person. The Company also announced that its 2024 Annual Report and its Notice of Annual Meeting and Management Information Circular for the 2025 annual meeting are now available. Annual Meetings of Shareholders and Voting PolicyholdersShareholders and voting policyholders will have the opportunity to attend the meeting in person, at the address set out below, or virtually from any location. They will have the opportunity to ask questions and vote on a number of important matters regardless of whether they attend the meeting in person or virtually. Shareholders and voting policyholders are advised to periodically check the Annual Meetings page on sunlife.com in advance of the meeting for updated information.For detailed instructions on how to join the webcast and vote at the virtual meeting, shareholders should refer to the 2025 Management Information Circular and voting policyholders should refer to the 2025 Information for Voting Policyholders' Booklet and their proxy form or voting instruction form

PR Newswire
Mar 25th, 2025
Sun Life And Dentaquest Grow Teamsmile Partnership With $825,000 Donation, Extending Nationwide Dental Home Project

The three-year agreement will help thousands of at-risk children connect to long-term dental services in their communityWELLESLEY, Mass., March 25, 2025 /PRNewswire/ -- Sun Life U.S. and DentaQuest, part of its Dental business, today announced a three-year agreement to continue supporting TeamSmile as it aims to help more underserved children get oral healthcare and education. With a funding total of $825,000 over three years, this partnership will help reach even more children served through TeamSmile's flagship free dental clinics and the Dental Home Project, Powered by DentaQuest. Sun Life and DentaQuest have partnered with TeamSmile for the last 15 years, expanding access to oral healthcare through free, large-scale dental clinics anchored in popular sports team stadiums and arenas. The Dental Home Project, Powered by DentaQuest aims to connect children at TeamSmile programs with a local primary dentist to provide care for each child as they grow. Nearly half of all attendees since the program launched were without a dental home

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