Sun Life Life Insurance Reviews

SunLife Canada's customer service was painfully slow, made no use of the Internet for communications and was frustratingly bureaucratic and impersonal.

To begin with, when I applied for term life, they started withdrawing a premium before the policy was even approved and before the date I requested to start the coverage. Whenever they notified me about my application, they sent it by Canada Post (regular mail) which always took a week or more to arrive and more than once they gave me incorrect information when I called their customer service line. I couldn't even look up the status of my policy online.

An abysmal experience for me. It just wasted my time and money, so I cancelled the policy. Then, after I cancelled it by registered mail with plenty of advance notice, they still withdrew a premium for the next month and literally took a month to refund it to me -- via a cheque in the mail, of course.

My wife’s parents started a life insurance policy in 1976 for her. In 2012 a Sun Life representative informed us that we could withdrawal mature dividends in the amount of 3200 and that it would not affect our policy in any way no documents were signed and we used the money to pay off a one year interest free furniture loan. To our disbelief we were informed years later that Sun Life classified it as a loan which had accumulated extensive interest and depleted our policy. We contacted many representatives from Sun Life who agreed we had been misled and lied to yet the company would not do anything other than force us to close the policy. My wife has Lupus stage 4 kidney disease and other health issues. Sun Life is absolutely despicable ruthless and if nothing else I hope this review will inform other honest people trying to help loved ones to never deal with Sun Life Respectfully Submitted David and Heather

I got a retirement plan with these people and initially, it seemed to go well. However, I recently left my employer and am in the process of moving to another investment provider.

Expect to be waiting weeks to move money out of the fund. They typically take days to respond to any enquiry. They will randomly phone up and ask "security questions" - you may want to call them back but good luck with that it is almost impossible to figure out how to contact your advisor. Oh right, you *don't have* an advisor.

My fund went from making a healthy profit to drastically dropping in value and I'm left hanging waiting to get the money transferred out.

I have been paying my children's life insurance since 1993. Now I cannot afford to pay it any further, I've been calling Sun Life for about a month now and no one seems to be able to help me with the cancellation. I've spoken to three different employees at Sun Life and they have repeatedly said they will email me the cancellation form. After a week of waiting, they said my email doesn't work but I've had the same email for several years and had no issue like this before. I even gave them an alternate email and still no help. After receiving the form and emailing it back to Sun Life one of the employees called and said she didn't receive it and there was something wrong with both emails apparently and giving me attitude over the phone as well as hung up on me. I think they don't want me to cancel my insurance so they are making it very complicated for me to cancel it and won't allow me to go further with the cancellation. I do NOT recommend Sun Life to anyone! Please help me and not make things so complicated for me! I have been a Sun Life customer for 27 years!

This company is absolutely appalling. We were told it would take 2-3 weeks for us to receive our money after cancelling a life insurance policy my father had, on my brother and myself, as he was gravely ill and we needed the money to care for him. After 3 weeks I called, and the money hadn’t been sent. They said it would be one more week. After that, I called. Again it hadn’t been sent. Repeat for 5 more weeks. Every day I told my father not to worry, we would have the money soon. I get a phone call, as we are sitting by my father in the hospital, and they asked for the address for where it should be sent. Over 2 months later they still didn’t even write the cheque. The money came 1 day before my father died, he was in a coma and didn’t know we received it. I’m disgusted by how many times I was lied to and disgusted he spent 25 years paying a company like this.

I had 2 life insurance policies (one company provided and an additional supplemental policy). I decided I no longer needed the supplemental policy and called mid-November to cancel it. I'd already had numerous problems with this company with billing issues on the company provided policy and had experienced months of run-around. I found the same problems in trying to cancel a policy. First of all, you have to wait forever to get thru to them on the phone. Then you are told you need to email your request, complaint, question, etc. to a generic email address. The emails go unanswered. Follow up phone calls get you nowhere. After 3 emails and a threat to complain to my state insurance board, I got a response that my request to cancel my policy was "under review!" I had prepaid for the quarter and called to cancel about 6 weeks into the quarter so expected a pro-rated refund but since they have to "review" my request, they have now dragged this out thru the quarter. Ridiculous! If I want to stop doing business with your company, what is there to "review"...it's not even a claim! And now I am getting the runaround again on the remaining policy I hold with them because I want to go from quarterly payments to monthly so that when I find another policy thru another company and cancel with Sun Life I dont' lose 2 months worth of payments! There is no way to change your policy payment schedule on their website, and a call, when I finally reached a representative resulted in being told to email my request. I flat-out told the rep I refuse to go thru the email run-around again and mailed them 1 months payment with a 7 page complaint letter, including all of my unanswered email threads from previous problems. Avoid this company. I realize from the poor way they treat customers that if my family had to file a claim on my life insurance, they would be treated the same way and face months of stone-walling and being ignored!

Sun life of Canada decided my premiums would not match my life insurance they cancelled my policy after 15 years of payments they brought the policy from another company and decided my monthly payments wasn't worth what my children would get if I died so the cancelled it the financial ombudsman is now dealing with them you might as well say the stole 15 years of payments from me

I had life insurance ,when i went to cancel it they told me after paying out of my own pocket i would not receive anything from paying into it for years. Most would get a refund but not these people they keep it.