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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.
Within a year, Sun Life began sending out direct mail. [24] They introduced their very first plan for people aged over 50 in 1979. [25] In 1982, they became the world's first life assurance company to announce a £200,000 non-medical limit. [26] In 1992, French insurer UAP became Sun Life Assurance Society's major shareholder. [27]
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The Sun Life Centre in Toronto, Ontario (also known as 150 King Street West) was built in 1984 to house the Toronto operations of Sun Life Financial, serving as the insurance company's global headquarters until 2017. The Sun Life Financial Tower is known as an architectural symbol of modernism, located in the heart of Toronto's financial ...