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Sun Life had underground operations during the Japanese Occupation which occurred between 1942 and 1945. Sun Life was the only life insurance company who paid post-war death claims amounting to USD 1.3 million even without documents attesting to the validity of the claims. In the end, all claims were found to be legitimate.
The dental plan is managed by Sun Life Financial, [22] under a $747 million contract it signed with the federal government. [23] The management contract is for five years, and can be renewed for an additional five years at its expiry. [23] Its system was designed to process about 500,000 applications for program enrolment each month. [24]
Axa sold its main life assurance business to Resolution Group in 2010 [29] and continued to sell life insurance products through Sun Life Direct. Dean Lamble, formerly of Aviva, was appointed Managing Director. [30] He was named CEO in 2016. [31] Sun Life Direct rebranded to SunLife in 2014. [32]
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