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Large national insurer priced just below baseline (0.904)
Sun Life is one of Canada’s largest life insurers and often already holds your group benefits. Our table prices it at 0.904 — a little below baseline — so it is rarely the cheapest on price alone, but group-plan members sometimes get better terms.
The rate engine computes a baseline premium (age, sex, smoking, coverage and term) and multiplies it by the carrier factor. On the same profile, that factor is the entire price difference between carriers.
| Term-life factor | 0.904 |
| Critical-illness factor | 0.905 |
| Versus baseline (1.000) | -9.6% |
$500,000 coverage, 20-year term, male non-smoker — quoted side by side with the other five carriers.
| 25-year-old | $255–$255/yr |
| 35-year-old | $280–$280/yr |
| 45-year-old | $730–$730/yr |
| 55-year-old | $2,325–$2,325/yr |
Compared at 35-year-old · $500,000 · T20, taking each carrier lowest quote. Figures come from this site rate engine and move with the rate tables.
Group coverage is usually cheap but limited and ends with the job — most people still buy personal term life alongside it.
See critical-illness pricing →
Life insurance carriers compared →
Price ranges are rate-table estimates based on public industry data and regulatory approval trends; final premiums are subject to carrier underwriting.