Sun Life launches new HNW product
Sun Global Luna, a savings-oriented non-participating whole life product is the newest addition to the portfolio of Sun Life International.
Aimed at helping high net worth clients plan for wealth accumulation and wealth transfer, it features strong base guarantees and additional coverage in the form of non-guaranteed policy additions.
The company said Sun Global Luna continues Sun Life’s history of client-centric practices, with an easy implementation process that does not require medical or financial underwriting.
Michael Grob, chief partnership and marketing officer, Sun Life International commented: “We see considerable demand for savings-oriented products from Ultra HNW and HNW clients in our key markets.
“Our expert team of actuaries designed this product as a cost-effective and flexible option to assist for clients across wealth accumulation, diversification, retirement and transfer strategies.”