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Canadian Insurer Renames U.S. VA Products

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NU Online News Service, June 16, 2004, 6:16 p.m. EDT – Sun Life Assurance Company of Canada (U.S.), Wellesley Hills, Mass., is giving its variable annuity products a new brand name.[@@]

The company, a unit of Sun Life Financial Inc., Toronto, will be putting its VA products in a Sun Life Financial Masters product family.

The products previously were known as the MFS Regatta Masters variable annuities. Sun Life Financial closed another line of variable annuities, its Futurity annuities, to new business earlier this year, the company says.