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Sun life unclaimed 2025

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The document is a request form for conducting an unclaimed property search with Sun Life Assurance Company of Canada. It requires personal information from the requestor, identification documentation, and details about the unclaimed property. The form also outlines the necessary steps and documentation needed if the requestor is not the owner of the property. Additionally, it provides resources for further assistance based on the province of residence and emphasizes privacy practices regarding personal information.

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2017	4.8 Satisfied (177 Votes)
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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What happens to life insurance if not claimed?

Check with the states unclaimed property office to see if any unclaimed money from life insurance policies may have been turned over to the state. If, after a number of years, an insurance company holding the unclaimed money cannot find the rightful owner, it turns the money over to the state.

What happens to life insurance if unclaimed?

In general, life insurance companies that know an insured has passed, but cannot locate the beneficiaries of the policy, are required to turn over the benefits of the policy to the states unclaimed property office if the benefits are not claimed after a certain number of years.

Can debt collectors come after life insurance money?

A proper life insurance in place can help your loved ones with debt in several ways. In most cases, the death benefit goes directly to your beneficiaries and not your estate. That means a creditor cannot make a claim against it.

How can I check my Sun Life account?

You can always access your Sun Life account by visiting sunlife.com/us and clicking Sign in/Register.

What happens to unused life insurance?

Unclaimed life insurance policies are turned over to state government. Life insurers do not keep unclaimed life insurance policies in their possession indefinitely.

What happens after 10 years of paying Sun Life insurance?

If you keep your policy in-force for at least ten (10) years, you may be entitled to a loyalty bonus in the form of additional units at the end of the 10th policy year and every five (5) years thereafter.

Can I cash out my Sun Life life insurance?

Depending on how cash values have accumulated in your policy, you may be able to take a cash withdrawal. Again, there may be tax consequences. This may reduce your policys death benefit and may affect the future cash value growth.

Sun life unclaimed 2025

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