How do I cancel my Sunlife plan?

Asked by: Dorothy Stamm  |  Last update: February 1, 2025
Score: 4.2/5 (33 votes)

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How do I terminate my Sunlife insurance?

The following documents are required if you wish to surrender your policy:
  1. Cash Surrender Value Form signed by the Policy Owner and the irrevocable beneficiary/ies, if any.
  2. Policy contract.
  3. Valid IDs of Policy Owner and irrevocable beneficiary/ies, if any.

How do I cancel my sun online subscription?

You can cancel your subscription anytime, but the cancellation will only take effect at the end of your current subscription period. You can cancel your subscription by calling Customer Services on 0207 860 1129. Call us Monday – Friday 10am to 6pm or at the weekends 10am to 4pm.

Can I cancel Sunlife?

Telephone 0800 008 6060 or complete and return the form within 30 days to: SunLife, PO Box 1395, Peterborough PE2 2TR and we will refund any premiums you have paid. After this, you may cancel your Plan at any time by notifying us in writing or by calling 0800 008 6060.

Can I cancel my policy online?

Ans: Yes. You can cancel a health insurance policy online by visiting the website of your insurer and filing the cancellation form.

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18 related questions found

How do I cancel my policy plan?

If you decide to cancel, contact your insurance company by phone or in writing to inform them of your decision. After this period ends, canceling the policy might involve more steps, particularly with permanent policies, where you might need to consider the impact on the cash value and any surrender charges.

Can I cancel my life insurance policy at any time?

You can cancel a life insurance policy by: Let the policy lapse: No matter what life insurance policy you have, you can simply stop paying premiums at any point. The policy will lapse, and you'll lose coverage. Keep in mind that you typically can't recover any of the premiums you paid once the policy lapses.

How can I withdraw from SunLife?

Take out money

Call the Customer Care Centre at 1-866-733-8612, Monday to Friday, 8 a.m. to 8 p.m. ET.

How do I cancel my life insurance policy online?

How is a life insurance policy cancelled? In order to cancel your life insurance policy, you will need to call your life insurance company. Because life policy cancellations differ from provider to provider, they will be able to provide you with their specific cancellation process.

How do I cancel the sun?

You can cancel at any time by contacting our customer service center at 1-866-780-0786.

How do I cancel my online subscription?

Go to the company's website and sign into your account. Find billing, account, or subscription management settings and look for the cancellation option. Click the Cancel button and follow the provided steps to confirm the cancellation. Look out for the cancellation confirmation email.

How do I delete my sun account?

Log-in to your Sun account via the app or website. Select 'Delete my account' at the bottom of the page. You will then be directed to a confirmation page that informs you deleting your account means you will no longer be able to log-in to the following: The Sun Mobile App.

How do I cancel a subscription on my phone?

On your Android device, go to subscriptions in Google Play. Select the subscription you want to cancel. Tap Cancel subscription. Follow the instructions.

Can you cancel insurance benefits at any time?

Here are the general rules: You can cancel your plan anytime if you purchased self-only or family coverage on the individual health insurance market. However, you can typically only select a new health plan during the annual Open Enrollment Period. Open Enrollment is from November 1 to January 15 in most states.

How many years do I have to pay Sunlife insurance?

Pay your premiums regularly on an annual, semi-annual, or quarterly basis. You may also opt for a shorter guaranteed payment period of only 5 or 10 years. Monthly payment through Auto-Debit or Auto-Charge may also be arranged after payment of the initial quarterly premium.

How do I change my Sunlife plan?

If you need help, please call us at 1-844-822-3131 any business day from 5 a.m. to 5 p.m. PT. Sign in to mysunlife.ca/ubcfpp with your sign-in ID and password. Next, select my financial centre from the right side of the page. Then, find Change investments under the Requests drop- down menu.

What will happen if I cancel my Sunlife insurance?

If you no longer need your valuable life insurance, you can choose to cancel your policy. The total cash surrender value, will be paid to you.

How do I cancel my insurance immediately?

Depending on your insurance company's rules, there are a variety of ways to cancel your policy. Call your provider. Most major companies simply ask that policyholders speak with an insurance agent to cancel. The phone number likely will be found on your insurance card, as well as on the company's website or app.

Do you get your money back after cancelling a life insurance policy?

Do you get your money back if you cancel your life insurance? The answer to this is usually no. Protection insurance is a simple product that protects you financially against death and illness while you pay premiums. If you don't pay your insurance premiums, you aren't protected.

Can I cash in my Sun Life insurance?

Life Insurance pays out a fixed lump sum and so does not guarantee to cover the full cost of a funeral. If you die in the first 12 the plan may only pay out the premiums you've paid. This is not a savings or investment product and has no cash value until a valid claim is made.

How to transfer out of Sun Life?

Call us at 1-866-224-3906 (option 1) between 8 a.m. and 8 p.m. ET any business day. To move your money or start investing with another financial institution, you will need to connect with them to discuss your options. Be sure to take your transition package from Sun Life when you are meeting to finalize your choices.

How long does Sun Life take to pay out?

Most claims are processed instantly and you can access your claim statement right away. You'll receive an e-mail letting you know when your claim payment has been deposited to your bank account, usually in 24 to 48 hours.

Do you get charged for cancelling life insurance?

You should get a refund of any premiums you have already paid. However, your insurer may take off a small amount to cover days when the policy was in force. They may also charge you a small administration fee. Some insurers may give you a longer cooling-off period.

Do I get money back if I cancel my whole life insurance?

Unless you're canceling a policy during a free-look period, your premium won't be refunded if you cancel your life insurance policy. There are a few instances where you may see some money returned. For example, you may receive your accumulated cash value if you cancel a permanent policy, minus any taxes and fees.

How much is a surrender fee for life insurance?

For annuities and life insurance, the surrender fee often starts at 10% if you cash in your investment in year one. It goes down to 1% if you cash it in during year nine and no surrender fees in year 10 or longer.