Taking care of family’s need as well as mortgage fees at the same time could be really financially burdensome but you can easily achieve both of these goals without any stress. The SunSpectrum plan is a term insurance plan provided by Sun Life designed in such a way as to offer the insured financial security and serve as efficient income replacement.
SunSpectrum is a temporary insurance plan that blends very well with the insured’s budget. It makes providing a robust protection for your key employees very easy and it can even provide lifetime protection to you. SunSpectrum can be easily converted to a more permanent insurance plan.
Available Terms and Remarkable Features of Sun Life SunSpectrum Term Insurance plan
Basically, four renewal terms are included in this plan namely 10, 15, 20 and 30 years. The terms depend on the age of the insured. The policy offers a number of benefits including death benefits, and ease of conversion to a permanent policy irrespective of your occupation and health.