New Application - ILAS - Sun Life

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Broker Code: 060210​​​​​​​

  • Consultant is required to write down his / her individual code on the application when submitting new business application.
  • Special arrangement until further notice: Sun Life accept broker code "060210" written on the application if consultant does not have individual code at this moment)

Product List:

Investment Linked Insurance SunArchitect  [Product closure on 1 Nov 2023]
Investment Linked Insurance SunWish  [Product closure on 30 Apr 2023]
Investment Linked Insurance Sun Fortune (Product launched on 01 Aug 2023)

Important Notice

For corporate application, please refer to Customer Due Diligence on Corporate Clients for detailed requirements of OnePlatform. （Updated: 02 Jul 2020）

1.  Applications must be submitted within 30 calendar days from the application sign date (Updated: 13 Oct 2022). Sun Life may request explanation from the consultant for late submission. For applications submitted 2 weeks after the application sign date, the applicant must complete the Declaration of Continued Good Health Form ([D9]) . However, Sun Life Underwriting department reserve the right to obtain the Personal Certificate of Insurability. For all PRC case should be submitted tto Sun Life within 30 calendar days from the application sign date.(Updated: 02 May 2023)

2. New Business Submission Checklist (Except SunFuture)  (Updated: 25 Jan 2018)

3. New Business and Underwriting Manual (Updated: 17 Jan 2025)

4. For monthly mode application, 2 months initial premium is required.

5. Only USD currency policy will be accepted.

6. Outstanding requirements will be pending for maximum one month.  Request for extension will be subject to approval.

7.  Payor must be the Owner, Insured, or Policy Owner’s family member.  If payment is made by the owner’s family member, please declare relationship or submit Payment Abstract Form. 

8. Basically all ILAS products are available to non-HK except US.  However please be aware that SunLife may not accept some high risk countries.

9. Simplified underwriting: if Annualized Contribution Amount at Policy Start Date x minimum (Contribution Payment Term, 10) is less than or equals to USD1,250,000

10. Maximum amount of contribution accept in a particular policy year is limited to 5 x Annualized Contribution Amount (at Policy Start Date)

11. All samples provided in OnePlatform are for REFERENCE only, consultant must fill in all forms with client’s latest information provided. The reference products recommended should be on OnePlatform’s shelf by the time you make the recommendation. No same provider’s products should be recommended unless there are no other suitable products from other providers. (Updated: 19 Nov 2019)

12. Consultant is required to write down his / her individual code on the application when submitting new business application with effective from 21 Aug 2020. (Updated:13 Aug 2020)

Checklist

(OnePlatform Internal Document and Principal Document are required to be submitted)

OnePlatform Internal Document

1. Client Data Form
2. Client Agreement (CA form)
3. Financial Needs Analysis FormFNA sample (Updated: 21 Jun 2023) ** Starting from 16 Jan 2023 (with reference to application form sign date), OnePlatform FNA will be accepted by Sun Life so Sun Life FNA is not required to submit at the same time. (Updated: 13 Jan 2023）
4 Risk Profile Questionnaire
5 Acknowledgement Letter of Specific Services Agreement for Investment-Linked Assurance Scheme Policies

Principal Document                                                      

Hong Kong Resident

You may refer to “IA Guidelines”for more information of NEW RPQ / FNA /IFSAD

1. Application Form
  • Application form for Investment Linked, Universal Life Insurance (Insurance Broker)
  • For Prepayment, please fill Section 2 Q3ai
2. Sun Life Financial Needs Analysis (Eng) (Chi) ([F4])   ​​​​​​​​​​​​​​[Product Mapping Table] The product mapping table is for reference only. Please only recommend products which are on shelf at the time you make the recommendations.  (Updated: 01 Sep 2022)** Starting from 16 Jan 2023 (with reference to application form sign date), OnePlatform FNA will be accepted by Sun Life  so Sun Life ​​​​​​​FNA is not required to submit at the same time. (Updated: 13 Jan 2023）
3. Signed illustration  Important NoticePlease submit the “Notice of the Insurance (levy) Regulation by the Insurance Authority”  [ENG] [CHI] with your application if you cannot see the Levy amount and notice (refer to appendix 1) on the illustration. Levy Calculator can help to calculate the amounts of (Insurance) Levy.

For more details, please see the “Levy Training Slides” and “Premium Levy FAQ” [ENG] [CHI]

(Updated: 3 Oct 2018)

  • Illustration is valid with one month after print date.
  • Illustration sign date must before application date on application form
4. Risk Profile Questionnaire [Eng] / [Chi] (R2) - Required for application signed on/after 1 Jan 2016
5. IFS-AD

- SunFortune [Eng/Chi]([I1]）
6. Technical Representative Declaration  Attached with application form
7. HKID card copy Certified true copy by consultant
8. Payment Method Please refer to payment guideline
9. Direct Debit Authorization ([D1]) - Required if monthly Mode or autopay Selected
10. Income Proof Required if annual regular contribution for all SunArchitect’s policies > USD250,000
11. Address proof Not required unless it is required by Sun Life, orOnePlatform has to conduct further verification with the client’s identity.
12. Important Facts Statement - Policy Replacement   [I8] if applicable(If any answer is “Yes” or “Not yet decided” for policy replacement declaration on the Application Form) (Updated: 20 Apr 2021)
13. Application Supplement for Investment-linked Fund (Dist) [A9]
 if applicable

Non-Hong Kong Permanent Resident (Additional documents)

  1. Passport copy to verify the Nationality

Non-Hong Kong Resident (Additional documents)

1. Entry Proof Photocopy of personal particular page of the client’s passport including the page with the current entry stamp stamped in.  Important Note: 

(1) Identity Proof

(2) Travel document Proof

(3) Entry Proof

PRC Resident (Additional documents)

(1) Identity Proof

(2) Travel document Proof

(3) Entry Proof

  • For PRC client, identity verification is required. Details refer to Guideline for PRC Residents  (Updated: 31 May 2024)
  • For (PRC) Mainland policyholder, per OCI requires that all insurance companies and advisors are required to sign an IFS-MP for the following situations with effect from 1st September, 2016 onwards:
    1.  all new applications; or
    2.   rider addition; or
    3.   lump sum addition; or
    4.   change of ownership to Mainland customer; or
    5.   assignee is Mainland customer 

  Please note, the IFS-MP is not a replacement of PRC Resident Declaration, Mainland Policyholder is required to sign both forms.

1. Entry Proof Photocopy of personal particular page of the client’s passport including the page with the current entry stamp stamped in. (1) Identity Proof

(2) Travel document Proof

(3) Entry Proof
2. Important Facts Statement for Mainland Policyholder (“IFS-MP”) ([I6]) Effective from 1 Sept 2016.

Sun Life Customer Hotline：21038118 →press “1” → press “2”

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