1. The optional living benefits are available with Sun Life Financial Masters variable annuities for an additional cost and are subject to conditions, restrictions, and limitations. Please read the Sun Life Financial Masters variable annuity prospectus for complete details.

2. Some broker/dealers may limit their clients from purchasing some optional benefits and products based upon age, and may limit participation in certain programs. Your individual representative will describe any such limitations.

3. The benefits of tax deferral in an annuity do not apply to contracts purchased as an Individual Retirement Annuity (IRA) or inside some other tax-qualified retirement plan because these plans already have tax-deferred status. Therefore, you should buy an annuity in such plans only if you value the lifetime income or beneficiary protection features that an annuity offers.

Sun Life Financial, its distributors, and its respective representatives do not provide tax, accounting, or legal advice. Any tax statements contained herein are not intended or written to be used, and cannot be used, for the purpose of avoiding U.S. federal, state, or local tax penalties. Please consult your own independent advisor about any tax, accounting, or legal statements made herein.

Variable annuities are long-term investment vehicles designed for retirement purposes and are subject to market fluctuation, investment risk, and possible loss of principal.

Guarantees are based on the claims-paying ability of the issuing insurance company. Guarantees do not apply to the performance or safety of amounts held in the variable sub-accounts. Products and features may not be available in all states.

Sun Life Financial Masters variable annuities are issued by Sun Life Assurance Company of Canada (U.S.) (Wellesley Hills, MA) in all states except New York. In New York, the contracts are issued by Sun Life Insurance and Annuity Company of New York (New York, NY). Variable annuity products are distributed through Sun Life Financial Distributors, Inc. All three companies are members of the Sun Life Financial group of companies.

NOT FDIC/NCUA INSURED - MAY LOSE VALUE - NO BANK/CREDIT UNION GUARANTEE -
NOT A DEPOSIT - NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY.

SLPC 22611 (1/11) (Exp. 1/13)