My Wife Is Now A Proud Sun Life Policy Holder!

Insurance
My wife posing with her Sunlife policy contract.

My wife posing with her Sun Life policy contract.

 

My wife is now a proud Sun Life policy holder. She availed Sun Maxilink Prime, one of the best products offered by Sun Life Financial. This plan is a combination of life insurance and investment, commonly called variable life insurance. She will pay a specific amount each year for 10 years in which part of the payment will be invested in an equity fund and part of it will pay  for life insurance coverage. I am very proud that my wife is my first “client” as a Sun Life Insurance Advisor. I also got similar plan for myself in addition to other existing life insurance plans that I currently have.

So what benefits will my wife get in getting Sun Maxilink Prime?

By just paying PhP 18,000 a year or Php1,500 a month for 10 years, my wife will get a life insurance coverage of Php700,000. There would be additional PhP350,000 insurance coverage if our dear Lord get her back from me through accident. (I hope not too soon. I love her so much!) Her beneficiaries will receive the said money when she die (knock on the wood). My wife will also get money from Sun Life if she becomes disabled or dismembered. (More on life insurance benefits here)

Enough with the death benefits! Let us go to the retirement benefits that my wife can get after patiently saving for 10 years. By the age of 65, my wife has a projected retirement fund of about 3 million pesos assuming that for 39 years, she never touched her fund value and the average annual investment return is 10%.  She can get higher or lower retirement fund depending on annual investment returns. Of course, she got excited when she learned that she can retire a millionaire if she saves or invest as early as now. In reality, there are only few Filipinos who retire as millionaires because most Filipinos don’t know the importance of saving and investing. early. My wife can be a future millionaire retiree with Sun Life Maxilink Prime.

My wife just planned of saving in the bank but I told her that her money will just sleep there and could not catch up with the inflation or the rising cost of basic commodities. If she knows how to invest, she will get higher returns for her money. This way, she could beat inflation.

Besides educating my wife on the value of investing, I also told her the value of life insurance. She can protect her family financially if ever something happens to her just by getting life insurance. Although her life insurance coverage is not that high, Php700,000 is not that bad. It can be used as college fund for our son already. Life insurance is one way of showing her love to her family even she’s already with the Father.

I hope more Filipino mommies (also daddies) will be like my wife, a proud Sun Life policy holder who has a great plan for the future.

The best time to invest and be insured is now! Get a quote or proposal now!

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Raymund F. Camat, CIS, REB, CWP®, CEPP® is a SEC-Certified Investment Solicitor (CIS), Certified Wealth Planner and Certified Estate Planner, Phils. He is also a licensed insurance and mutual fund advisor for Sun Life Financial. He wants to educate the Filipino public on the importance of financial planning, investment planning, wealth planning and estate planning. He offers Personal and Family Wealth Planning to Filipinos from different generations. He has a bachelor's degree from the University of the Philippines. You can reach him at 09179698062 (Globe/TM/ABS-CBN/Viber), 09392787408 (Smart/TalkNText/Sun Cellular), (02) 508-9025 (Landline) or email him at raymund.camat@moneytalkph.com. For OFWs, he also conduct online video consultation through Skype, Viber or FB Video Call. ________________________________________ DISCLAIMER: This website reflects only the views and opinions of Raymund F. Camat and is not part of any official communication tools of any life insurance and investment company. The views and opinions on this website do not necessarily reflect those of the company, the management, the advisors/agents and the employees of any life insurance or investment company.
1 comment… add one
  • Kline Sep 9, 2013

    Hi Raymund,

    I’d like to know the available products of SunLife as I’m planning to have one after having my baby. Hope you can freely send me a catalogue / brochure with the detailed information of Life Insurance you’ve got. I’m looking into preparing for my retirement and at the same time having the plan generate passive earnings for future savings.

    Hope you can accommodate. Looking forward for a response from you soon.

    Thanks,
    Kline
    09165622114
    linke2kline@yahoo.com

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