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$213.5M Sun Life MetLife Class Action Settlement (2026)

$213.5M Sun Life MetLife Class Action Settlement (2026)

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A major class action settlement has been proposed against Sun Life and MetLife worth up to $213.5 million Canadian dollars. The lawsuit involves certain life insurance policies — specifically Universal Plus, Flexiplus, and Optimet policies — and claims that policyholders may have been harmed in connection with how these policies were managed or administered. If you held one of these insurance policies, you could be entitled to a share of the settlement fund. This case is still working its way through the courts, with a settlement approval hearing scheduled for September 8, 2026. That means the settlement hasn't been finalized yet, but it's a good idea to stay informed so you don't miss your window to file a claim. Class Action Buddy can help you track this settlement and file your claim when the time comes. Keep reading to learn who qualifies and what to expect.
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Who Is Eligible?

You may be eligible to file a claim if you:

  • You held a Universal Plus, Flexiplus, or Optimet life insurance policy issued by Sun Life or MetLife
  • You are a current or former policyholder affected by the terms of these specific policy types
  • You are located in Canada (this settlement covers Canadian policyholders)
  • Additional eligibility details, including specific date ranges for policy ownership, are expected to be confirmed after the September 8, 2026 approval hearing

How Much Can You Get?

The proposed settlement fund totals up to $213.5 million, which would be distributed among eligible policyholders. Individual payout amounts have not yet been officially confirmed, as the settlement is still awaiting court approval. The amount each person receives will likely depend on factors such as the type of policy held, the length of time the policy was in force, and the total number of valid claims submitted. Once the court approves the settlement and a claims process is opened, more specific payout information will become available. Check back here or use Class Action Buddy to get notified when claim details are released.

How to File Your Claim

Filing your claim is quick and easy:

  • Check your eligibility: Confirm you held a Universal Plus, Flexiplus, or Optimet policy through Sun Life or MetLife
  • Gather your policy documents: Locate any paperwork related to your life insurance policy, including your policy number and coverage dates
  • Wait for court approval: The settlement approval hearing is scheduled for September 8, 2026 — a claims process will open after the court gives the green light
  • Watch for a claim form: Once approved, a claim form will be made available online or may be mailed to eligible policyholders
  • Download Class Action Buddy: Get the app to receive updates on this settlement, a reminder when the claim form opens, and help filing your claim quickly and easily

💡 Easier way: File with Class Action Buddy

Skip the paperwork. Our app fills the official claim form from your saved profile, you sign it on your phone, and we print and post it for you.

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Frequently Asked Questions

How do I file a claim for the $213.5M Sun Life MetLife Class Action Settlement (2026)?

You have two options: (1) Use the free Class Action Buddy mobile app — set up your profile once and the app fills in the official PDF claim form and captures your signature, then your signed claim is printed and posted to the administrator. (2) File directly with the settlement administrator using the official claim form linked on this page.

Who is eligible for the Sun Life MetLife class action settlement?

Eligible claimants are Canadian policyholders who held Universal Plus, Flexiplus, or Optimet life insurance policies issued by Sun Life or MetLife. Specific eligibility dates and criteria will be confirmed once the court approves the settlement after the September 8, 2026 hearing.

How much will I get from the Sun Life MetLife settlement?

The total settlement fund is up to $213.5 million, but individual payouts haven't been announced yet. Your share will likely depend on your policy type and coverage history. More details will be available after court approval in September 2026.

When is the deadline to file a claim for the Sun Life MetLife settlement?

A claim filing deadline has not yet been set. The settlement must first be approved by the court at the September 8, 2026 hearing. After approval, a claims deadline will be announced. Use Class Action Buddy to get notified so you don't miss it.

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