Sun LifeAssure – Critical Illness Insurance – Cancer, Organ Transplant, Stroke Heart Attack & More

Health Insurance, Insurance

Last Updated on by Raymund Camat

life assurePeople always pray and wish for good health for themselves and their families because we believe that health is wealth. Indeed, health is wealth because if we are sick, we cannot work and earn money or our savings or wealth will be spent for expensive medical treatments.  Unfortunately, sickness or illness is a natural part of life and there are many unfortunate people who get sick unexpectedly. Illness can wreck havoc to our financial stability so it is best to be prepared financially when it strikes us.  Health insurance is a great financial defender against illness especially critical illnesses which require big amount of money for medical treatments and medicines.


1. Heart Attack

2. Stroke

3. Cancer

4. Kidney Failure

5. Dissecting Aortic Aneurysm

6. End Stage Lung Disease

7. Progressive Muscular Atrophy

8. Major Burns

9. Multiple Sclerosis

10. Paralysis

11. Total Blindness

12. Loss of Limbs

13. Aplastic Anaemia

14. Bacterial Meningitis

15. Benign Brain Tumour

16. Deafness

17. Encephalitis

18. Amyotrophic Lateral Sclerosis (ALS)

21. Cerebral Metastasis

22. Loss of Speecch

23. Coma

24. Parkinson’s Disease

25. Terminal Illness

26. Medullary Cystic Disease

27. Alzheimer’s Disease

28. Fulminant Hepatitis

29. Major Head Trauma

30. End Stage Liver Failure

31. Motor Neurone Disease

32. Guillain-Barre Syndrome


33. Major Organ Transplant

34. Coronary Artery Bypass Surgery

35. Surgery for Disease of the Aorta (Aortic Surgery)

36. Replacement of Heart Valve


With the goal of giving each Pinoy the opportunity to have financial protection against critical illnesses, Sun Life of Canada-Philippines now offer Sun LifeAssure which is  a five-year renewable term plan that pays the face amount either upon death of the life insured or if life insured is diagnosed, while living, to have any of the 36 specified critical illnesses and, where applicable, has undergone any specified surgeries before the insured attains age 70.  

How can this plan benefit policy holders? For example, If I am diagnosed today with cancer and plan holder of Sun LifeAssure with face amount of 1 Million pesos, I will claim 1 Million pesos benefit amount of 1 Million pesos from Sun Life Financial in cash. I will file a claim to Sun Life with the proper medical certificates and documents from my doctors or hospital. I will use the money for medical treatments and medicines. Where on earth can I get 1 million pesos for cancer treatment? Even banks and relatives could not lend me this amount of money.

Another example, If I am paralyzed today and have the same LifeAssure plan, my family will file a claim to SunLife for 1 Million Pesos. Of course, I cannot file a claim myself if I am already paralyzed right? My family can use the money for my hospital expenses as well as medicines. They may even use it to hire somebody to take care of me, like a caregiver. This way, I will not cause too much burden to my family.

People with family history of cancer, heart diseases, stroke and other critical illnesses should seriously consider getting Sun LifeAssure for protection because they have higher chances (genetic predisposition) of developing these illnesses.


I want you to be the one to judge it if it is expensive. Here is a sample proposal/quote for a 30 years old, male, non-smoker:

Annual Payment/Premium: 9,880 Pesos

Semiannual: 4,940 Pesos

Quarterly: 2,470

Monthly: 823


Face Amount: 1 Million Pesos – Money I  will receive if I am diagnosed with the 36 critical illnesses

Accidental Death Benefit (ADB): 1 Million Pesos as Accidental Death Benefit

Total Disability Benefit (TDB): I will not pay anymore in case of total disability (Waiver of premium)

*Lowest Face Amount is 500K with a premium amount of Php5,140 inclusive of the ADB and TDB riders. You have the option to not include the ADB and TDB riders but I highly encourage that you include them already to maximize the plan.  The maximum Face Amount is 4Million Pesos.

Note: This plan is not available for OFWs for now. Read our Flexilink and Maxilink Plans.



After submitting your info above, kindly CLICK HERE to confirm you are human and not a computer robot. Thank you very much.

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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 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.
2 comments… add one
  • Robal Sepulchre Jan 5, 2016 Link Reply

    Hi Raymund,

    Thanks for this very good article, just wanted to ask please some clarifications:

    1- for sun life assure you mentioned an annual payment, how many years does this need to be paid? (I saw kase in your maxilink plan article it was for 10 years)
    2- how soon can a beneficiary claim the for insurance after starting to pay the premiums? (I.e yung 1 million ba can be claimed say 6 months after magmonthly and holder tapos may nangyari sa kanya?) or there has to be a certain duration in paying the premiums? Thank you so much.

    • Raymund Camat Jan 27, 2016 Link Reply

      I answered your questions in our personal meeting Sir, Thank you for trusting me and Sun Life.

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