Toronto — The U.S. division of Sun Life Financial launched Sun Protector Variable Universal Life (VUL), a new life insurance product that offers clients a combination of protection, growth potential and guarantees.

Sun Protector VUL’s flexibility and value is underscored by a competitive, limited duration no-lapse guarantee on the base policy face amount. Beyond this, an optional “no lapse protection rider” provides guaranteed coverage for a lifetime, says the company.

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