5.900 6.944 8.668
8.662 5.900 6.944
132,067 198,069 103,462
2003 2002 2001
15.450 13.131 10.185 11.180 10.278
16.835 15.450 13.131 10.185 11.180
231,671 237,676 184,191 56,673 42,638
2005 2004 2003 2002 2001
15.657 13.417 9.499 11.578 10.552
17.179 15.657 13.417 9.499 11.578
283,244 340,002 361,795 279,109 178,310
2005 2004 2003 2002 2001
Wanger U.S. Smaller Companies
Accumulation Unit Values are rounded to the nearest tenth of a cent and numbers of accumulation units are rounded to the nearest whole number.
** Each value for 2001 is as of March 3, 2001 which is the date the Eligible Fund Sub-account first became available.
The full financial statements for the Variable Account and Sun Life Assurance Company of Canada (U.S.) are in the Statement of Additional Information.
SUN LIFE (U.S.) AND THE VARIABLE ACCOUNT
We are a stock life insurance company incorporated under the laws of Delaware on January 12, 1970. We do business in 49 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands, and we have an insurance company subsidiary that does business in New York. The Executive Office mailing address is One Sun Life Executive Park, Wellesley Hills, Massachusetts 02481.
We are ultimately controlled by Sun Life Financial Inc. ("Sun Life Financial"). Sun Life Financial, a corporation organized in Canada, is a reporting company under the Securities Exchange Act of 1934 with common shares listed on the Toronto, New York, and Philippine stock exchanges.
We are a member of the Insurance Marketplace Standards Association ("IMSA"), and as such may use the IMSA logo and membership in IMSA in advertisements. Being a member means that we have chosen to participate in IMSA's Life Insurance Ethical Market Conduct Program.
The Variable Account was established by Keyport Life Insurance Company (“Keyport”), a predecessor of Sun Life (U.S.), on January 30, 1996, pursuant to the provisions of Rhode Island law, as a segregated investment account. On December 31, 2003, Keyport was merged with and into Sun Life (U.S.). The Variable Account survived the merger intact. The Variable Account meets the definition of "separate account" under the federal securities laws. The Variable Account is registered with the Securities and Exchange Commission as a unit investment trust under the Investment Company Act of 1940. Such registration does not mean the Securities and Exchange Commission supervises us or the management of the Variable Account.
Obligations under the Certificates are our obligations. Although the assets of the Variable Account are our property, these assets are held separately from our other assets and are not chargeable with liabilities arising out of any other business we may conduct. Income, capital gains and/or capital losses, whether or not realized, from assets allocated to the Variable Account are credited to or charged against the Variable Account without regard to the income, capital gains, and/or capital losses arising out of any other business we may conduct.
PURCHASE PAYMENTS, PREMIUM CREDITS AND APPLICATIONS
The initial purchase payment is due on the Certificate Date. The minimum initial purchase payment for both qualified and nonqualified Certificates is $10,000. You may make additional purchase payments. We reserve the right to limit each purchase payment to at least $1,000. For payments made under the systematic investment program, we reserve the right to limit each payment to $50. We may reject any purchase payment or any application.
If your application for a Certificate is complete and amounts are to be allocated to the Variable Account, we will apply your initial purchase payment and the Premium Credit to the Variable Account within two business days of