Business
Sun Life completes sale of association, affinity, and group creditor business
Sun Life completes sale of association, affinity, and group creditor business Canada Ne...
About this update from Sun Life Financial Inc.
[{"type":"text","content":"\n \n \n \n Sun Life completes sale of association, affinity, and group creditor business\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n Feb. 1, 2023\n \n \n /CNW/ - Sun Life Assurance Company of\n \n Canada\n \n (\"SLA\"), a wholly owned subsidiary of Sun Life Financial Inc. (\"Sun Life\" or \"SLF\") (TSX: SLF) (NYSE: SLF) today announced the completion of the sale of its sponsored markets business (association, affinity, and group creditor) to Canadian Premier Life Insurance Company (\"Canadian Premier\").\n \n \n \n \n \n \n \n \n \n This transaction will see Sun Life's association, affinity and group creditor business move to Canadian Premier, including plan members and customers.\n \n \n Sun Life is the leader in the Canadian group benefits market, providing coverage to over five million employees and their dependents. Each year Sun Life supports the health care needs of Canadians with more than 80 million claims paid.\n \n \n Click\n \n here\n \n to see the initial 2021 announcement on the agreement between Sun Life and Canadian Premier.\n \n \n \n Connect with Sun Life\n \n \n \n https://www.facebook.com/SLFCanada\n \n \n \n https://www.facebook.com/SLFCanada\n \n \n \n https://twitter.com/SunLifeCA\n \n \n \n \n About Sun Life\n \n \n \n Sun Life is a leading international financial services organization providing asset management, wealth, insurance and health solutions to individual and institutional Clients. Sun Life has operations in a number of markets worldwide, including\n \n Canada\n \n ,\n \n the United States\n \n , the\n \n United Kingdom\n \n ,\n \n Ireland\n \n ,\n \n Hong K...