Are the premiums for life insurance policies fixed or can they change over time?

The premiums for life insurance policies with Sun Life Direct are generally fixed and will not change over time. Once you purchase a policy, your premiums will remain the same throughout the life of the policy, as long as you continue paying them. This provides you with the confidence and stability of knowing exactly how much you need to budget for your life insurance coverage. However, it is important to note that some policies may have options for premium increases, such as adding additional coverage or riders. These changes would be initiated by you and can be discussed with our team to ensure you have the right coverage that meets your needs.