Pending / watchFinancialConsumerLast checked August 4, 2026

Sun Life / MetLife Universal Life Policies Settlement

Proposed $213.5M settlement for certain Universal Plus and Flexiplus policyholders; OptiMet policyholders remain class members but receive no settlement benefits.

Who it covers

Canada-wide

Canadian class action

Status

Pending / watch

Payout

Proposed $213.5M settlement benefiting certain current and former Universal Plus and Flexiplus policyholders. OptiMet policyholders remain class members but will not receive settlement benefits.

Settlement fund Proposed $213.5M

Claim deadline

No claim deadline announced; settlement approval pending

Open official source How to follow this case

What happened

Proposed $213.5M settlement benefiting certain current and former Universal Plus and Flexiplus policyholders. OptiMet policyholders remain class members but will not receive settlement benefits. The approval hearing is scheduled for September 8, 2026, and written submissions supporting or opposing the settlement are due August 31, 2026.

Who the case covers

Certain current and former Universal Plus and Flexiplus policyholders may benefit under the proposed settlement. OptiMet policyholders remain class members but will not receive settlement benefits.

Provinces covered: Canada-wide
Court / jurisdiction: Canadian class action

How to follow this case

Watch the official case page
Check Official Sun Life / MetLife class-action website for court notices, approval decisions, and any future claim process.
Keep relevant records
Keep receipts, account statements, emails, and other records connected to the allegations while the case develops.
Ignore unofficial claim forms
Do not send personal or banking information to a third-party form that is not linked by the official source.

Follow Official Sun Life / MetLife class-action website

What you can get paid

Settlement amount: Proposed $213.5M
Payout summary: Proposed $213.5M settlement benefiting certain current and former Universal Plus and Flexiplus policyholders. OptiMet policyholders remain class members but will not receive settlement benefits.
Expected payout window: Payment timing not announced

Sources and verification

Canonical source: Official Sun Life / MetLife class-action website
Source priority: firm
Confidence level: medium
Last official review: Last checked August 4, 2026

Questions about this settlement

Does it cost anything to receive settlement money?

No. A court-approved settlement administrator does not charge class members a filing or payment-release fee. The court reviews class counsel fees separately.

What records should I keep after filing?

Save a copy of the submitted form, the confirmation page or email, the claim number, and every supporting file you provided. Keep later administrator emails with those records until the payment arrives or the claim receives a final decision.

Can I update my contact information with the administrator?

Usually, yes. Contact Official Sun Life / MetLife class-action website through its official website and keep the confirmation. Canooq cannot update a claim file or member record for you.

Key dates

August 31, 2026
Written submissions deadline
September 8, 2026 at 2:00 p.m.
Settlement approval hearing

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