Sun Life Financial is now offering the highest amount of new individual life insurance coverage in Canada, up to $100 million.

The company has established the ability to meet the needs of the large case market, due to the addition of $20 million of new life insurance capacity recently developed by Munich Re, and new agreements with Swiss Re and RGA.

“As the first, and currently the only, Canadian insurer to have access to this additional capacity, Sun Life Financial is now the clear choice for advisors working with high-net-worth clients in the large case market,” said Mark DeTora, senior vp, individual insurance and investments, Sun Life Financial Canada, in a news release.

“Previously, advisors seeking the highest levels of coverage for their clients had to put in place multiple policies with multiple insurers; the $20 million increase in life insurance capacity means advisors can now reach the highest coverage level in the industry with one SunUniversalLife policy,” he added.

Sun Life Financial has access to individual life insurance capacity through Munich Re, Swiss Re and RGA. SunUniversalLife is issued by Sun Life Assurance Co. of Canada, a member of the Sun Life Financial group of companies.