SUN LIFE FINANCIAL

Many of the nation's oldest and largest life insurers began as mutual insurance companies. Most - including Prudential, John Hancock, MetLife, Equitable, Principal and Mutual of New York - have since demutualized. Mutual life policyholders (and heirs) continue to be entitled to receive whatever policy benefits may be due, but in addition receive stock, cash and/or policy credits in exchange for their ownership interest in the old mutual insurance company... In addition to policy benefits, many policyholders are entitled to demutualization compensation. Many of the nation's oldest and largest life insurers began as mutual insurance companies. In recent years, however, a growing number - including Prudential, John Hancock, Metropolitan Life, Principal, Mutual of New York and dozens of others - have demutualized... Demutualization is the process of converting a mutual life insurance company, owned by its policyholders, to a publicly traded stock company owned by shareholders, pursuant..

Also known as: Sun Life Financial Inc.