Get a Life Insurance Quote

I cannot forget the story of our lecturer during our training days: “Ang rason bakit ko gustong mag train ng mga life insurance advisors ay dahil nung namatay ang tatay ko mismo, biglang naglaho ang mga pangarap naming magkakapatid.” (One reason I became a life insurance trainor is because when our father died, my family’s dreams for ourselves also vanished.)

He also added, “our mother was not able to support our needs that’s why many of us were compelled to stop schooling.” Only he among their five siblings was able to finish college. 😢I believe this story highlights the importance of financial planning especially getting a life insurance policy. The very top reason is: Your dependents can still make it financially through life even in your absence.

Definition:

Life Insurance is a financial product with a system that is designed to protect us against any financial hardship. The primary goal of life insurance plan is to replace any income lost due to unforeseen events or uncertainties in life like death, accidents or total permanent disability.

"Life Insurance prevents your plans from dying with you..."

THE BEAUTY OF LIFE INSURANCE

  • Gives Certainty to Uncertainty
  • Replaced Income Loss Immediately
  • Creates new income for you and your family

Types of Life Insurance

There are two (2) general types of life insurance-related products in the Philippines under the licensing powers of the Insurance Commission. (1) Traditional (2) VUL or investment-linked.

I have to secure two licenses because these 2 have somewhat different approaches to financial protection.

1.) Traditional Life Insurances are basically focusing on the financial protection of the individual such as life, health, accident or hospitalization. 

Trad NameDescription
Sun LifeAssure (Most Recommended for Plain Life Insurance)
Sun First Aid Plus
50% Prop
75% Prop
(Most Recommended for Hospital Insurance)
Sun Maiden
Sun Maiden Plus
Sun Startup
Sun Dream Achiever
Sun Acceler8
Sun Fit and WellTypes: 10 year paying
15 year paying
20 year paying

Protecting you financially against 114 Critical Illnesses until age 100
Sun Fit and Well PlusTypes: 10 year paying
15 year paying
20 year paying

Protecting you financially against 114 Critical Illnesses until age 100
Sun Fit and Well Advantage (Most Recommended for Health Insurance)Types: 10 year paying
15 year paying
20 year paying

Protecting you financially against 114 Critical Illnesses until age 100
Sun Healthier Life for EM
Sun Safer Life – 5YRCT
Sun Senior Care 10
Sun Senior Care 5
Sun Senior Care 3

2.) VUL is Variable Universal Life. In a nutsell, VUL is insurance + investment. It aims to hit two (2) birds or more birds with one stone. It’s protecting the income while investing the remaining to the various investment instruments. My VUL video explanation.

VUL NameDescription
Sun Maxilink Prime (Most Recommended)Insurance with Investments. Minimum Paying is 10 years. Riders to be included: Critical Illness, Daily Hospitalization Reimbursement, Total Disability Benefit (Waive of Premiums), Accidental Death Benefit
Sun Flexilink (Most Recommended)Insurance with Investments. No minimum years. Riders to be included: Critical Illness, Daily Hospitalization Reimbursement, Total Disability Benefit (Waive of Premiums), Accidental Death Benefit
Sun Maxilink BrightInsurance with Investments. 5 years paying minimum. Riders to be included: Critical Illness, Daily Hospitalization Reimbursement, Total Disability Benefit (Waive of Premiums), Accidental Death Benefit
Sun Flexilink1
Sun Maxilink One
Sun Maxilink One Age 71 to 80
Sun FlexiDollar
Sun FlexiDollar1
Sun MaxiLink Dollar One
Sun MaxiLink Dollar One Age 71 to 80

Importance and Uses of Life Insurance

How to Determine Your Life Insurance Goals

It is important to first determine your goals so that you can craft your Life Insurance steps, strategies and Financial Goals wisely. This is called Financial Planning.

1. LIFE STAGE. I always assist my client to know his goals by determining his LIFE STAGE, not his age. We call it LIFE STAGE FINANCIAL PLANNING – we highlight the varying goals and concerns of a person on a certain period of his lifetime. You goals depend on which life stage you belong.

2. FNA Form. I crafted this form so you can assess what are your priorities, financial capabilities and personal aspirations so I can help you determine which product best matches your interests.

Some Mindsets People Should Have Before Getting a Life Insurance

Insurance is not just for the rich. You need some form of insurance because if you make a mistake, you may not recover financially from a major collapse. Avoiding this mistake is not too difficult if you will just make some easy steps.

Investing regularly is a discipline and a virtue. We wouldn’t want to practice the Bahala Na Syndrome towards life.

Future-orientation, discipline and simplicity are crucial for building true and lasting wealth.

Fill-up this Form to Receive Sun Life Proposal

If data will be feasible, I will then send you a PDF Proposal containing coverage, fund targets and premiums so you can achieve your goals like your retirement, milestones or child’s education while protecting your finances from expenses made by hospitalization, accidents and uncertainties.

 

Please note that I used SunLife’s FNA as reference in this form but I used rearrangements, own words and different system. If you will receive no response from me within 2 days, kindly follow-up so I can make you one.

VUL Explained