Sun Life Life Insurance

Sun Life Life Insurance. Fact! If you don't compare them against the market now it could cost you £1000's. Compare the whole life insurance market.

Sun Life Life Insurance

Sun Life is not a new name for most of us as they advertise heavily on the television, and use celebrities such as Michael Parkinson. It is considered the first company to have offered life assurance without the need for a medical and still provides similar plans.

They are famous for their Over 50 plans, which allows those aged 50-85 to leave behind a cash lump sum when they are gone. The cover is provided by Axa, which is one of the most respected financial companies in the world.

At Sun Life, customers are the most important consideration for the business so they are taken care of in the most delicate way and all their views and suggestions are considered seriously. This is the reason why the company organises frequent surveys to have a crystal clear idea regarding the needs of their customers and also how a better service can be provided to them. In a recent survey, 94% customers were satisfied with the service and 90% of them would recommend them to their friends and family.

History

The 200-year journey of the company has been a long and exciting one. From a small start in 1810 to the current customer base of more than 750,000 and an employee base of more than 130 each and every milestone has been memorable. The first office was set up in the city of London in 1810. In 1838, the world famous literary personality Charles Dickens visited the office including hundreds of others in search of a life assurance scheme.

In the year 1900, the company was the first to launch a life assurance requiring no medical and this offer is still in vogue. The Second World War brought a lot of destruction to the company when a number of its operating offices were totally destroyed along with a temporary HQ. The company started using computers long back in the year 1959 and since the past 30 years have emerged as market leaders.

Types of life cover

Sun Life offers a comprehensive range of products. The most important among its products is the Over 50 Life Insurance where a person can keep a lump sum payment for the expenses that their family may incur after their death. If the money is not spent on the funeral expenses, outstanding bills, it can benefit the children and grand children of the person. The 50 Plus Protector Plan is a life cover plan that enhances each year. It can be prove greatly beneficial for the family members in the current scenario of escalating prices.

If you want to keep all the arrangements for your funeral on yourself without troubling, the ones you leave behind the Funeral Plan can be of great help, as no one who is aged between 50 and 80 is asked any medical questions before being accepted for the plan. The Funeral Assist plan is a low cost plan that allows a person to contribute a part of the funeral expenses. Easy Cover is a life cover plan for persons aged from 18 to 59 for a stipulated period for a particular sum.

Review

The company’s solid reputation lies in the fact that the company has a large customer base with most of them eager to recommend the protection plans to their relatives and friends. A customer said, “I know that you are a solid company, one I could feel safe putting my money in.” The average rating for Sun Life Direct is 1.8 out of 5, albeit based on a very low sample. On the whole we have mostly heard very good things about the company.

Review link

this website link has reviews on many companies. If you have experience of this company's life cover please take the time to complete a review and help your fellow customers. Generally people are happy with this well established brand and widely respected company.