How would demutualization benefit Sun Life policyholders?
A. Sun Life believes the benefits to eligible policyholders will be substantial: • Sun Life would distribute the full value of the Company to eligible policyholders, in the form of shares that they can keep or sell, cash or additional policy credits. • If eligible policyholders choose to keep their shares, they will have a unique opportunity, as shareholders in one of the world’s leading financial services companies, to benefit from the Company’s future growth. • The contractual benefits of all Sun Life policies remain unchanged. • As a public company, Sun Life would have greater access to capital enabling it to expand the range of products and services it offers to clients and develop new technologies to serve them better. Q.Would policyholders have a say in this plan? A. Yes, eligible policyholders would most certainly have a say in Sun Life’s demutualization plan. In fact, before any demutualization can occur, it must be approved by two-thirds of the Company’s eligible policyholders