Dr Henry Herbert Southey had previously been a Physician-in-Ordinary to the Monarch in 1823, and later Physician-Extraordinary for Queen Adelaide. In 1835, the Society appointed its first Medical Officer to assist in the selection of lives for Assurance. At an 1815 board meeting it was decided that, for the future, burial as well as death certificates would be required to substantiate claims. The society's first office opened opposite the Bank of England in London, and actuary Joshua Milne was appointed the first member of staff.ĭuring its first 12 months, Sun Life Assurance Society wrote 132 policies for a total sum assured of £163,150. SunLife can trace its history back to the establishment of the Sun Life Assurance Society on 28 March 1810, when the Sun Fire Office Board launched a separate company to offer life assurance. Their partners are also members of the Equity Release Council (Key Group) and the Funeral Planning Authority (Dignity Funerals). The company is a member of the Data & Marketing Association. SunLife is regulated by the Financial Conduct Authority and their qualifying products are covered by the Financial Services Compensation Scheme. SunLife has been part of the Phoenix Group since 2016. In 1900, they became the first company to offer life insurance without a medical. SunLife currently offers over 50s life insurance and equity release in the United Kingdom. Founded in 1810, the company is best known for its range of services for people aged 50 and over. SunLife Ltd is a UK-based financial services company.
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