Bank Index
SUN LIFE ASSURANCE CO OF CANADA
Insurer · TORONTO, Canada · overall 1.9 / 10
How this 1.9 is built
Average of 8 scored needs: 1.9. Regulation in Canada: 91/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. Scores set by its kind of institution.
Sun Life Assurance Company of Canada is recorded in the global register as an insurer in TORONTO, Canada. The register names Office of the Superintendent of Financial Institutions (Canada) as its regulator and shows the licence as active. Established 1865. Collected from open registers. We have not checked this company by hand yet.
- Legal name
- Sun Life Assurance Company of Canada
- Regulated by
- Office of the Superintendent of Financial Institutions (Canada)
- Licence confirmed
- yes, on a regulator's own list
- Established
- 1865
- LEI
- 5493002BABWBYV2A7Q82
Scores, 0 to 10
7.0Licence and supervision
Placed from how well the registers prove the licence: A confirmed on a public register, B a regulator is named, C only listed.
6.0Canada
Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet.
6.0Business insurance
This is what an institution of this kind does, according to the register that lists it. The actual terms of this company have not been read yet.
5.0Financial strength & stability
An insurer, not a deposit taker: it opens no business current accounts.
3.0Fast digital onboarding
An insurer, not a deposit taker: it opens no business current accounts.
2.0Cross-border payments, FX and multi-currency accounts
An insurer, not a deposit taker: it opens no business current accounts.
1.5Startups & VC-backed companies
An insurer, not a deposit taker: it opens no business current accounts.
1.0Crypto-friendly bank
An insurer, not a deposit taker: it opens no business current accounts.
1.0Online businesses: e-commerce and SaaS
An insurer, not a deposit taker: it opens no business current accounts.
1.0Trade, manufacturing & import-export
An insurer, not a deposit taker: it opens no business current accounts.
1.0Business cards (Visa, Mastercard)
An insurer, not a deposit taker: it opens no business current accounts.
1.0High-risk verticals (iGaming, cannabis, adult, forex)
An insurer, not a deposit taker: it opens no business current accounts.
Sources
Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.