y Interest is calculated daily and credited daily. Interest on SLFBA assets is compounded daily at an annual rate of 0.25% and is credited once a month. Interest on SLFBA assets is compounded daily at an annual rate of 0.25% and is credited once a month. Your payment then goes to the activity account, which is the daily interest account (DIA), before moving to any investment account. The goal of the GDIA is to preserve capital and maintain liquidity, while providing a modest daily return. y The minimum guaranteed interest rate will never be less than 90% of the yield on a 30- day Government of Canada Treasury Bill issued that day, less 1.75%. Our GIAs provide security of principal with a guaranteed rate of return. A. These are: a Daily interest account which works similar to a savings account, a Guaranteed interest account featuring a 10-year term deposit, and the Sun Life Diversified Account Pro (SLDA Pro), which guarantees a minimum interest rate of 2%. Find the current interest rate on a Sun Life Financial Benefit Account (SLFBA)? This investment is best suited for investors: Seeking preservation of capital; The Sun Permanent Life insurance product meanwhile, provides guaranteed death benefits, premium payment options and guaranteed cash values. Clients also choose a daily interest account, a guaranteed interest account or a Sun Life Diversified Account Pro to manage their savings. Guaranteed interest account. 0.20%: GIA 10 year: 0.35%: The minimum guaranteed interest rate is 0.00%. File a death claim? Sun Life can help you build and protect your ... Current SunUniversalLife II daily interest account and guaranteed interest account rates For period ending: 2020-11-13. 2. GIAs are also Tax-Free Savings Account (TFSA) eligible. ... Sun Life Diversified Account. A Guaranteed Interest Account (GIA) is an ideal account for saving toward a special purchase, creating an emergency fund, a guaranteed holding of your investment portfolio and even guarding against market volatility. Your interest rate is guaranteed to stay the same. The rate is not guaranteed and is subject to change. As of April 30, 2020, the Sun Life Guaranteed Daily Interest Account (GDIA) is a new investment option for you. Sun Life can help you build and protect ... Current SunSpectrum Universal Life II daily interest account and guaranteed interest account rates For period ending: 2020-05-15. 0.00%: GIA 10 year: 0.15%: The minimum guaranteed interest rate is 0.00%. Accounts Current credited rate; DIA: 0.00%: GIA 1 year: 0.00%: GIA 3 year: 0.00%: GIA 5 year. With each payment that you make into the policy, provincial premium tax is deducted. Q. The rate is based on the term you choose - normally, the longer the term, the higher the interest rate. Your money earns daily interest at the floating rate effective for that day. Q. Daily and Guaranteed Interest Accounts Credited rates as of previous business day As Of January 19, 2021 Past performance is no guarantee of future performance. A. Call or send your request to obtain the necessary forms. The rate is not guaranteed and is subject to change. Find the current interest rate on a Sun Life Financial Benefit Account (SLFBA)? Accounts Current credited rate; DIA: 0.00%: GIA 1 year: 0.00%: GIA 3 year: 0.00%: GIA 5 year. How investing with Sun Limited Pay Life works: 1. With a guaranteed interest rate on SLFBA assets is compounded daily at an annual rate of.... Benefit Account ( TFSA ) eligible premium tax is deducted Account, a guaranteed interest Account or Sun! Each payment that you make into the policy, provincial premium tax is.. Life Diversified Account Pro to manage their savings the rate is not guaranteed is... 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