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Sun Life Financial Inc. has introduced Sun Care Whole Life, a single premium whole life insurance policy with a linked benefit that owners can apply to long term care costs, including in-home care, assisted living, and nursing home facilities.

Approximately 70 percent of people over 65 will eventually need long term care, according to the Department of Health and Human Services. Linked benefit policies can protect beneficiaries against long term care expenses while also providing the benefits of tradtional life insurance.

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