About Sun Life - Insurance
Sun Life Assurance Company of Canada, founded in Montreal in 1865, is one of Canada's largest life insurers and the principal Canadian insurance subsidiary of Sun Life Financial Inc., headquartered in Toronto. It offers life and health insurance, annuities, segregated funds and guaranteed insurance products including insurance GICs (guaranteed interest annuities). As a federally regulated life insurer its policyholder obligations are protected by Assuris.
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Access: Open to all Canadians
Eligible provinces: Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland & Labrador, Nova Scotia, Northwest Territories, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon
How to join: Purchase insurance GICs, annuities or insurance through a Sun Life advisor.
Deposit protection: Assuris
protects policyholder benefits if a life insurer fails (e.g. deposit-type products up to $100,000 or 90%)
Current top rates
data as of 2026-10-16 · posted rates confirmed as of 2026-10-11| GIC ladder | Best rate |
|---|---|
| 1-year GIC | 2.85% |
| 2-year GIC | 3.05% |
| 3-year GIC | 3.10% |
| 4-year GIC | 3.20% |
| 5-year GIC | 3.25% |
Base ladder rates. Institution may have more term rates below.
Rate history builds here as we track this institution's rates over time.
Term deposit rates
— not stated on sitedata as of 2026-10-16 · posted rates confirmed as of 2026-10-11GIA Guaranteed Interest Annuities are insurance contracts — protected by Assuris, the life-insurance guarantee fund, not by CDIC.
Filter rates
| Term | Registration | Redeemable | Compounding | Interest paid | Min–Max deposit | Rate |
|---|---|---|---|---|---|---|
| Long-term — 1 year + | ||||||
| 1 yearGIA | Non-reg | Y | Annually— | At maturityAnnually | No minimumNo minimum | 2.90%2.90% |
| 2 yearsGIA | Non-reg | Y | Annually— | At maturityAnnually | No minimumNo minimum | 3.15%3.15% |
| 3 yearsGIA | Non-reg | Y | Annually— | At maturityAnnually | No minimumNo minimum | 3.25%3.25% |
| 4 yearsGIA | Non-reg | Y | Annually— | At maturityAnnually | No minimumNo minimum | 3.35%3.35% |
| 5 yearsGIA | Non-reg | Y | Annually— | At maturityAnnually | No minimumNo minimum | 3.45%3.45% |
| Income Master GICNon-redeemable · paid at maturity | ||||||
| 6 yearsGIA | Non-reg | N | — | At maturity | — | 3.55% |
| 7 yearsGIA | Non-reg | N | — | At maturity | — | 3.55% |
| 8 yearsGIA | Non-reg | N | — | At maturity | — | 3.55% |
| 9 yearsGIA | Non-reg | N | — | At maturity | — | 3.55% |
| 10 yearsGIA | Non-reg | N | — | At maturity | — | 3.65% |
| 11 yearsGIA | Non-reg | N | — | At maturity | — | 3.65% |
| 12 yearsGIA | Non-reg | N | — | At maturity | — | 3.65% |
| 13 yearsGIA | Non-reg | N | — | At maturity | — | 3.65% |
| 14 yearsGIA | Non-reg | N | — | At maturity | — | 3.65% |
| 15 yearsGIA | Non-reg | N | — | At maturity | — | 3.65% |
| 16 yearsGIA | Non-reg | N | — | At maturity | — | 3.60% |
| 17 yearsGIA | Non-reg | N | — | At maturity | — | 3.60% |
| 18 yearsGIA | Non-reg | N | — | At maturity | — | 3.60% |
| 19 yearsGIA | Non-reg | N | — | At maturity | — | 3.55% |
| 20 yearsGIA | Non-reg | N | — | At maturity | — | 3.55% |
| 21 yearsGIA | Non-reg | N | — | At maturity | — | 3.50% |
| 22 yearsGIA | Non-reg | N | — | At maturity | — | 3.50% |
| 23 yearsGIA | Non-reg | N | — | At maturity | — | 3.50% |
| 24 yearsGIA | Non-reg | N | — | At maturity | — | 3.50% |
| 25 yearsGIA | Non-reg | N | — | At maturity | — | 3.45% |
| Superflex Insurance GICNon-redeemable · compounds annually | ||||||
| 1 yearGIA | Non-reg | N | — | Monthly | — | 2.85% |
| 2 yearsGIA | Non-reg | N | — | Monthly | — | 3.05% |
| 3 yearsGIA | Non-reg | N | — | Monthly | — | 3.10% |
| 4 yearsGIA | Non-reg | N | — | Monthly | — | 3.20% |
| 5 yearsGIA | Non-reg | N | — | Monthly | — | 3.25% |
| 6 yearsGIA | Non-reg | N | Annually—— | At maturityAnnuallyMonthly | ——— | 3.55%3.55%3.30% |
| 7 yearsGIA | Non-reg | N | Annually—— | At maturityAnnuallyMonthly | ——— | 3.55%3.55%3.30% |
| 8 yearsGIA | Non-reg | N | Annually—— | At maturityAnnuallyMonthly | ——— | 3.55%3.55%3.30% |
| 9 yearsGIA | Non-reg | N | Annually—— | At maturityAnnuallyMonthly | ——— | 3.55%3.55%3.30% |
| 10 yearsGIA | Non-reg | N | Annually—— | At maturityAnnuallyMonthly | ——— | 3.65%3.65%3.40% |
No rates match these filters.
Savings & chequing rates
rates confirmed as of 2026-10-11Filter rates
| Type | Product | Calculated | Paid | Min. balance | Rate |
|---|---|---|---|---|---|
| Savings | |||||
| Savings | Income Master GIC | — | — | — | 0.25% |
| Savings | Superflex Insurance GIC | — | — | — | 2.50% |
No rates match these filters.
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