November 22, 2021 – Sun Life Policy Holders can now Switch to Independent Agents

by | Nov 22, 2021 | Industry Updates

Effective October 1, 2021, Sun Life Financial Inc. insurance policyholders may now request an independent advisor or Agent of Record (AOR). This provides greater flexibility to clients wanting to consolidate all of their financial resources with an independent advisor outside of the Sun Life organization. Commissions will remain with the Sun LIfe advisor. If at some point the policy is converted, the commission split is 90% to the AOR and 10% to the Sun Life advisor. This change will make it easier for AORs to access insurance information and help clients manage their insurance products through Sun Life. It is an indication of how the industry is moving to more independent channels in an effort to provide more flexibility to clients.

Sun Life clients get access to independent life agents | Investment Executive

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