Yes, it is possible to switch your life insurance policy to a different type, depending on the specific terms and conditions of your current plan with Sun Life Direct. Many insurance providers, including Sun Life, offer a range of policy types, such as term life, whole life, and universal life insurance. Each type comes with its own features, benefits, and premiums, so it is important to carefully consider your options.
Typically, the process of switching policies may involve reviewing your current coverage, goals, and financial situation. You may also need to undergo medical underwriting again, depending on the new policy you choose.
It is advisable to compare the different policies available to see which one aligns best with your current needs and long-term goals. Information regarding switching your policy is usually available on the company’s website, where you can also find details about the various types of life insurance products they offer.