Sun Life International has launched Sun Global Aurora, a savings-oriented indexed universal life product.
The company said it was aimed at high net worth clients looking to diversify, protect and grow their assets.
Sun Global Aurora is a guaranteed issue product, which “will attract increased interest from HNW and ultra HNW clients seeking long term security”, the firm added.
Michael Grob, chief partnership and marketing officer at Sun Life International, said: “We see a considerable demand for the savings products from HNW clients in many markets.
“This new, competitively priced product offers stable returns and some upside potential, which clients may find very valuable in the current market conditions.”
Sun Life International is the corporate unit based in Bermuda that focuses on life insurance solutions for HNW families around the world.