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Sun Life Financial and M Financial Extend Partnership to Include Group Products
10/25/2006
WELLESLEY, Mass., [October 25, 2006] - The U.S. division of Sun Life Financial (NYSE: SLF, TSX: SLF) and M Financial Group ("M Financial") today announced they are extending their relationship to include Sun Life Financial's complete group product portfolio. Last February, the two organizations announced an agreement to offer Sun Life Financial's life insurance and annuity products and services to M Financial's Member Firms.
With this new agreement, M Financial's Member Firms will be able to offer corporate customers Sun Life Financial's group life, disability and stop-loss products.
"Sun Life brings added diversity and depth to the M Corporate Benefits product portfolio and will enhance M Financial's Corporate Benefits initiative, while broadening the group solutions available to our Member Firms and their clients," said David Watros, vice president of corporate benefits for M Financial Group.
"The existing relationship between Sun Life Financial and M Financial has proven very successful in a short period of time," said Michael E. Shunney, vice president and general manager of Sun Life Financial's U.S. Group Division. "That's why we're so excited to be expanding it to include our group products. When M Financial, a premier financial services distribution organization, and Sun Life, a leader in employee benefits, join forces, it sends a powerful message to the marketplace that growing our respective group businesses - and delivering additional value to clients - is a top priority."
About M Financial Group
With over 110 member Firms in 35 states, M Financial Group is one of the nation's leading distributors of financial products and services. Since 1978, M Financial's network of independent insurance, investment, and executive benefit firms has served the needs of ultra-affluent individuals, corporate executives, successful entrepreneurs, and Fortune 1000 companies. For more information about M Financial Group, please visit www.mfin.com.
About Sun Life Financial
Sun Life Financial is a leading international financial services organization providing a diverse range of wealth accumulation and protection products and services to individuals and corporate customers. Chartered in 1865, Sun Life Financial and its partners today have operations in key markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China and Bermuda. As of June 30, 2006, The Sun Life Financial group of companies had total assets under management of US$346.7 billion. Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF.
Sun Life Financial insurance products are available through Sun Life Assurance Company of Canada, Wellesley, MA (in all states but New York), and with Sun Life Insurance and Annuity Company of New York (which is licensed in New York).
For more information about Sun Life Financial's U.S. Group Insurance products and services, visit www.sunlife-usa.com
SLPC # 16641 10/06
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