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Please be aware that Sun Life Financial International will no longer accept additional purchase or investment payments into the annuity or investment contracts listed below after the close of business on September 30, 2014.
Please note: As of December 31, 2008, we are no longer accepting new applications for MFS Architect Flagship. However existing accounts will continue to be serviced and additional payments will be accepted.
Effective, April 1st, 2013, please note that upon election of Step-Up on your account, the annual fee for the program will increase to 2.05%. Please consult with your Financial Advisor or our Client Service team if you have any questions.
Evidences the Participant's interest in a combination fixed/variable group annuity contract issued by Sun Life Assurance Company of Canada and was available up to age 85.
Maximum: $5 million (U.S.)
Purchase Payments that cause the Account Value to exceed the maximum are subject to review and approval by Sun Life Assurance Company of Canada.
Withdrawals that are not subject to withdrawal charge:4
Transfers from the fixed account are subject to a Market Value Adjustment
Amounts transferred or withdrawn from the fixed account prior to the applicable renewal date may be decreased or increased based on the relationship between the current interest rate applicable to the balance of the Guarantee Period and the interest rate that is actually credited to the Guarantee Amount being transferred or withdrawn. A market value adjustment may affect principal.
Protects beneficiary against any loss of Purchase Payments (adjusted for withdrawals), if the Covered Person dies.
Pays greatest of:
PLUS, an Earnings Enhancement Benefit: an additional death benefit payment equal to 40% (or 25% if age 70 - 79 on Issue Date) of total investment earnings, with earnings capped at 200% of Adjusted Purchase Payments
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