Sun Life Foundation Partners with WWF-Philippines for Earth Hour 2026

Manila, Philippines (April 2026) – Sun Life Financial-Philippines Foundation, Inc. (Sun Life Foundation) recently joined forces with World Wide Fund for Nature-Philippines (WWF-Philippines) to advance environmental sustainability through Earth Hour 2026, reinforcing both organizations’ mission to boost climate action and conservation efforts in the country.

 

Earth Hour is a worldwide movement by WWF that unites people across the globe in a switch-off to raise awareness about climate change and rally for urgent action. As a local activation partner for the Philippines, Sun Life Foundation played a pivotal role in bringing together Filipinos for the Earth Hour’s landmark 20th global switch-off event held on March 28 in Pasig City.

 

Beyond the main event, Sun Life Foundation also extended its support to the Earth Hour Virtual Run 2026 by mobilizing 250 Sun Lifers to participate. Taking place from March 28 to April 30, the virtual run encourages participants to walk, jog, or run at their own pace, merging personal wellness with environmental action while directly supporting WWF-Philippines’ initiatives.

 

Sun Life Foundation’s support to Earth Hour 2026 marks another milestone in its partnership with WWF-Philippines, which includes the Food Shed Farming Enterprise, an initiative that builds food production systems in remote communities to enhance food security and provide livelihood sources, and previous Earth Hour Virtual Run activations.

 

Addressing the crowd at the switch-off event, Sun Life Foundation Executive Director Kristine Dianne Millete emphasized the importance of collective commitment to climate action: “Tonight, as we switch off our lights, let’s switch on something more powerful – our commitment to care for the planet together. Because when we act as one, we can create brighter days for all.”

 

“Tackling climate change is not just the responsibility of one organization or sector, but a collective effort. We are thrilled to see Sun Life Foundation rally its employees and communities to take meaningful action for the planet, proving that every switch-off can spark a brighter, sustainable future,” said Atty. Angela Consuelo Ibay, WWF-Philippines Climate and Energy Program Head and National Director for Earth Hour Philippines.

 

As the philanthropic arm of Sun Life Philippines, the country’s first and longest-standing life insurance company, Sun Life Foundation remains committed to building a sustainable future for Filipinos through initiatives that champion education, health, and environmental sustainability.

The Truth About Retirement: What You Need to Know

Retirement is a chapter in life that many look forward to, yet few are truly prepared for. 

An online survey by Sun Life Asia across the Philippines, mainland China, Hong Kong SAR, Indonesia, Malaysia Singapore, and Vietnam conducted in July 2024 revealed that 21% of retirees in the Philippines had not planned their retirement expenses and close to half express regret over past financial decisions, with 73% saying they have not saved enough for retirement.

Today, many Filipinos live well into their seventies, and many may outlive their retirement savings, as the cost of living doubles approximately every eight to 10 years, according to the Bangko Sentral ng Pilipinas (BSP). Additionally, major illnesses that come with age can deplete years of hard-earned savings.

These realities highlight the urgent need to plan early. To guide Filipinos on this journey, Sun Life Grepa Financial, Inc. (SLGFI) recently hosted a webinar, “Pamana, Property, and Peace of Mind: Retirement and Asset Planning for Every Filipino.”

The session addressed common misconceptions that often prevent Filipinos from prioritizing retirement and estate planning:

1. “I’m too young to start.” 

One is never too young to start preparing for retirement. The key is time – starting early allows your savings and investments to grow through compounding, where earnings generate more earnings. Waiting too long could also lead to higher costs, as insurance premiums tend to increase with age.

2. “I don’t have assets to protect.”

Some believe estate planning is only for the rich. In truth, even modest savings, pensions, life insurance, or a small family home, are worth safeguarding. Retirement planning is about protecting what you’ve worked hard for to ensure your family’s security in the future.

3. “My children will take care of me in the future.”

It’s common for Filipino parents to assume their children will support them in their old age. However, by the time one retires, children often have families and responsibilities of their own. Depending solely on them can create financial and emotional burdens, which can lead to strained relationships in the family.

4. “I’ll plan later when I have more money.”

Accidents and emergencies can happen anytime. Planning for the future now gives families protection and peace of mind early on. Plus, one does not need a significant amount of money to start planning for retirement. Small steps such as creating an emergency fund, writing a will, or designating beneficiaries can already make a difference.

5. “Planning is too complicated and only for experts.”

While legal and financial terms may sound overwhelming, the first steps are simple: organize financial and legal documents, grow your savings, secure basic insurance, and communicate openly with family members to avoid disputes in the future. These actions provide ample protection for the retiree and their family without requiring expert knowledge.

Sun Life Grepa’s Commitment

Life insurance plays a vital role in retirement and estate planning because it provides instant liquidity that helps families handle estate taxes and legal fees without added financial strain. 

Recognizing this need, Sun Life Grepa offers these solutions that help Filipinos prepare for retirement and protect what matters most—their family and legacy:

Sun Grepa Secure Income: A life insurance product that offers guaranteed yearly payouts, offering a stable income stream during one's retirement years plus scheduled lump sum bonuses at advanced ages to support other needs.  

Sun Grepa Legacy: A protection and savings plan that helps preserve wealth and ensures a smooth transfer to loved ones through guaranteed benefits. It provides lifetime insurance coverage and annual cash benefits that can serve as extra income during retirement, while also securing funds to help heirs settle estate taxes.  

Sun Grepa Power Builder 1: A one-time payment plan that combines guaranteed life insurance protection with flexible investment options. It allows funds to grow faster with no upfront charges and comes with guaranteed acceptance. 

Retirement and asset planning may seem daunting, but with the right guidance, every Filipino can enjoy their golden years with independence, dignity, and comfort. 

For more information on retirement and estate planning solutions, talk to a Sun Life Grepa advisor or visit www.sunlifegrepa.com.

VUL Insurance: Your Shield and Your Tool for Financial Growth

MANILA, PH – October 2025 – In the world of financial planning, one solution that has sparked both interest and debate over the years is a Variable Unit-Linked (VUL) insurance plan. While it became well-known for offering life insurance with an investment component in one package, it has also garnered mixed feedback, often with negative reactions from Clients who felt their investments did not grow as expected.

 

“VUL has been misunderstood by many,” shares Ivan Corcuera, Head of Insurance Investments at Sun Life Investment Management and Trust Corporation. “It’s not a one-size-fits-all product, and it’s certainly not a shortcut to wealth. It’s a financial tool designed to protect first and grow second.”

 

A life insurance plan that combines lifelong protection and fund accumulation, VUL’s core purpose is to provide a substantial financial shield for a family when they need it most. The opportunity for growth, while a powerful and valuable feature, is a secondary benefit.

 

Understanding the Nature of VUL

 

To understand VUL, think of it as a single product with two distinct functions.

 

Its primary function is life insurance coverage, which provides a death benefit payout to beneficiaries upon the insured’s passing. This is the financial shield that ensures the family’s future is secure, covering essential needs like education, outstanding loans, and daily living costs.

 

Its secondary function is the investment component. A dedicated portion of the premiums paid is invested in expertly managed funds, offering the potential for the policyholder’s money to grow over time. This accumulating value, known as the fund value, can be accessed during the policyholder’s lifetime for future financial goals. This fund value is tied to the performance of the investment funds chosen, which means its value can potentially grow higher, but it can also decrease based on market movements. “The investment side of VUL is a long-term play,” says Corcuera. “It’s about building value gradually, aligned with your financial goals.”

 

Importantly, the fund value is not just for future financial goals – it also helps keep your policy active. A portion of the fund value is used to pay for the cost of insurance and any applicable charges. Corcuera explains, “This means that while the fund value offers the potential for growth, it also ensures that your life insurance protection remains in force. That’s why it’s important to monitor how your fund is performing and ensure that it’s aligned with your needs.”

 

How Your Premiums Work

 

When a premium is paid for a VUL policy, that amount is not simply merged into a single pool. First, a premium charge is deducted from it to cover distribution and administrative expenses, which gradually diminishes over time. After this deduction, the remaining amount is allocated to the policyholder’s chosen investment fund and converted into fund units based on the current Net Asset Value Per Unit (NAVPU). These units represent the investment component of your policy and are linked to the performance of the funds you select, which means their value can rise or fall depending on market conditions.

 

“The fund units serve a dual purpose,” explains Corcuera. “It’s a balancing act between protection and growth.” A portion of these units is deducted to pay for insurance and periodic charges, ensuring your policy remains active and your life insurance coverage intact. The remaining units continue to accumulate and determine your policy’s fund value, which can potentially grow over time. The fund value can be accessed during your lifetime for future financial goals, offering flexibility while maintaining the core purpose of protection.

 

The VUL Protection-First Mindset

 

It is important to view VUL as a protection-first insurance solution, not as a purely investment vehicle like a mutual fund or stock trading account. “The real strength of VUL lies in its ability to provide a guaranteed benefit to your loved ones,” Corcuera emphasizes. “Unlike a pure investment where beneficiaries only receive the value of accumulated savings, a VUL ensures that they receive a predetermined, substantial amount.”

 

Think of VUL not as a strategy for quick gains, but as a long-term commitment to secure your loved ones’ financial future. “VUL is your shield and your tool for financial growth,” Corcuera concludes. “But like any tool, it works best when used and understood correctly with clarity, commitment, and guidance.”

 

Learn more about VUL by visiting www.sunlife.co/VUL101 or talk to a Sun Life financial advisor today to find the VUL solution that matches your protection needs and long-term goals

Protection for Every Filipino: GCash and BPI MS Launch Accident Insurance on GInsure for Everyday Commuting

Commuting is a daily routine shared by millions of Filipinos, often filled with long rides and unpredictable moments. To provide peace of mind on these journeys, GCash, through its in-app digital insurance platform GInsure, has partnered with BPI MS Insurance to launch PasaHERO Protect, an affordable and inclusive accident insurance that covers all forms of public transport* including jeepneys, buses, trains, and even motorcycles used in ride-hailing services like TNVS (Transport Network Vehicle Services) within the Philippines.

In addition, the policy’s double indemnity feature for accidents that occur on public transport aims to offer even more peace of mind.

Available through the GCash app, PasaHERO Protect provides Filipinos with up to Php 500,000 in the event of death or permanent disability caused by an accident while using public transportation; and up to Php 250,000 coverage for other accidents with premiums starting at just Php 15 per month.

With ease of access, PasaHERO Protect can also be bought for up to five people, including friends and loved ones, through one GCash account.

“We believe protection should be part of everyday life–not a luxury, but a basic need that every Filipino and their families can access. Together with BPI MS Insurance, through PasaHERO Protect, we’re making insurance more relevant, affordable, and inclusive for the daily realities of commuters.” said Wilfrido de Ocampo, head of GInsure.

“Through PasaHERO Protect, we’re transforming the insurance landscape. This is about bringing affordable and inclusive coverage closer to the daily habits of Filipinos, especially those who rely on public transport,” said Noriyuki Kobayashi, president and CEO, BPI MS Insurance Corporation.

We’re proud to support everyday Filipinos by providing peace of mind on every ride, so they can move through life with more confidence and less worry.” he added.

Beyond providing financial coverage, the partnership reflects GCash and BPI MS Insurance’s shared commitment to making daily commuting safer for millions of Filipinos. It acknowledges the vulnerability of commuters and offers a safety net that reduces the uncertainty of everyday travel. Furthermore, by tailoring benefits to the realities of commuting, GCash and BPI MS Insurance are reimagining insurance to be more inclusive and relevant.

To experience a safer journey on the road, commuters only need to open the GCash app, go to GInsure, and select PasaHERO Protect to activate their coverage instantly, and with affordable premiums designed to fit into everyday budgets.

By offering financial solutions that respond to real, everyday needs, GCash continues its mission of making finance more inclusive and accessible for every Filipino, while transforming the way insurance and other financial tools serve the nation.

For more information, please visit the Help Center.

Bright Balikbayan Spending: An OFW’s Finance Guide for the Homecoming Season

MANILA, PH – October 2025 – Homecoming season is the time that every Overseas Filipino Worker (OFW) looks forward to. It’s a chance to be with family and a time to celebrate all the hard work. However, the pressure to spend generously, especially with pasalubong and gifts, can quickly derail financial plans.

 

While the homecoming is a time of celebration, it’s also a moment to reassess financial priorities. The joy of reunions and festivities can easily lead to overspending or neglecting long-term goals. That’s why it’s essential for OFWs to come home not just with gifts, but with a clear financial strategy. Here are some money management tips to ensure your homecoming is memorable and financially secure.

 

1. Set a “Homecoming Budget”.

The biggest mistake is operating without a plan. Before you purchase your plane ticket to go home, set a realistic budget for your entire stay. A well-planned budget acts as a financial compass, as it allows you to enjoy the season without the stress of overspending or dipping into funds meant for future goals.

 

List down everything you will need to spend on, including pasalubong, reunions dinners, family trips, aguinaldo for nephews and nieces, and even unexpected requests. More importantly, it should not eat into your regular allocations for savings, investments, and emergency funds.

 

When thinking of your pasalubong for your loved ones, it is important to remember that the value of a gift lies in the thought behind it, not the price tag. OFWs often feel pressured to bring home luxury items or expensive gadgets, but practical and more affordable gifts such as useful household items can be just as appreciated.

 

2. Manage expectations with love.

There is a common notion that OFWs have unlimited funds, and as such, relatives and friends tend to expect them to spend during gatherings or borrow from them for certain needs. This is why setting financial boundaries is important. It’s a delicate and sensitive conversation, but it’s also an act of responsible love.

 

Begin this conversation by communicating your goals. Explain that work is being done towards an important long-term goal, such as starting a family or buying a home. This helps relatives and friends understand that money is allocated for the family’s future, not just current wants.

 

It is also acceptable to politely decline loan requests, especially those that are not for critical emergencies. Should you opt to lend, anticipate the possibility that they may not pay you back and consider how it can affect your own expenses and future goals. 

 

3. Have a family financial planning session.

Use your time at home to have a discussion with your family on financial goals. Whether you are saving for a house, a child’s education, retirement, or your plan to come home for good, open communication is key.

 

To make the session more productive, consider inviting a Sun Life financial advisor to guide the conversation. Advisors can help assess your current financial standing, clarify insurance needs, and recommend suitable investment options. Their expertise can also help family members understand the importance of financial planning.

 

To keep the session engaging, especially for the younger family members, your advisor can incorporate Sun Life’s original board game, Play for Life: A Game of Choices. There is a version developed specifically for OFWs and their families to have a fun and educational way to learn about financial literacy and spark meaningful conversations.

 

As you enjoy your homecoming, don’t forget to mind your well-being too. Being an OFW, protecting all your hard work also means securing your health because this is directly tied to your and your family’s financial security. This is why Sun Life Philippines created Sun Life OFW Health Protect, the first insurance solution made of Overseas Filipinos, which offers comprehensive life and health protection tailored to your evolving needs. This solution provides coverage up to age 100, access to 24/7 teleconsultations with Filipino doctors, and flexible payment terms depending on the contract duration.

 

While you’re in the Philippines, this may be a good time to talk to a Sun Life advisor to ask about Sun Life OFW Health Protect, so you can give yourself the ultimate pasalubong: the peace of mind that comes with knowing that your future is protected against unexpected health crises.

 

Homecoming season is a beautiful time in every OFW’s journey. It is a time to celebrate, reconnect, and reflect. By budgeting wisely and planning with your family, you can turn your homecoming into a powerful step forward, not just for yourself but for the people you love. Your hard work deserves nothing less than a brighter, healthier future.

 

To know more about how Sun Life helps overseas Filipino workers come home for good, visit www.sunlife.co/HomeForGood.

Sun Life Teams up with Asian Hospital and Medical Center to Champion Health and Wellness

MANILA, PH – October 2025 – In line with its mission to help Filipinos live financially secure and healthier lives, Sun Life Philippines, the country’s leading life insurer, has teamed up with premier healthcare institution Asian Hospital and Medical Center (AHMC) to launch a collaboration anchored on a shared mission of providing holistic care and protection for every Filipino.

 

Through this collaboration, Sun Life and Asian Hospital aim to promote health literacy by raising awareness about diseases and encouraging wellness education. Asian Hospital services will be made available during Sun Life events, allowing Clients to access medical support in more convenient settings. The partnership also introduces advanced medical treatments such as CyberKnife, a real-time, image-guided radiation therapy known for its painless, efficient, precise, and real-time tumor-tracking. This technology targets cancer cells while minimizing damage to surrounding healthy tissue.

 

“Sun Life is greatly honored by our partnership with Asian Hospital and Medical Center, as we share a common vision of delivering accessible world-class compassionate and integrative healthcare services to every individual,” said Al Quitangon, Chief Distribution Officer of Sun Life Philippines. “With their proven track record of excellence in the healthcare space, we are confident that this collaboration will strengthen our offerings and provide our Clients with more holistic solutions.”

 

Dr. Beaver Tamesis, President and CEO of Asian Hospital and Medical Center, added, “We are proud to partner with Sun Life, an organization that shares our mission of helping Filipinos achieve better health outcomes and overall well-being. This collaboration allows us to extend our reach and deliver compassionate, world-class healthcare to more individuals.”

 

The launch event was attended by leaders from Sun Life and Asian Hospital: Al Quitangon, Sun Life Philippines Chief Distribution Officer; Abigail Viaje, Sun Life Philippines Chief Actuary; and Dr. Beaver Tamesis, Asian Hospital and Medical Center President and CEO. 

 

Together, Sun Life and Asian Hospital are working to create a more integrated approach to health and financial care, so that more Filipinos are empowered to take charge of their well-being through accessible services, expert guidance, and compassionate support.

 

To learn more about Sun Life Philippines, visit www.sunlife.com.ph. To learn more about Asian Hospital and Medical Center, visit www.asianhospital.com.

AIA Philippines, Anytime Fitness partner to expand Vitality and broaden access to wellness

MANILA, Philippines – AIA Philippines has expanded its flagship wellness program, AIA Vitality, through a new partnership with Anytime Fitness, giving Vitality members access to exclusive discounts at all Anytime Fitness locations across the country. The announcement of this new partnership coincides with AIA Vitality’s 10th year in the country, and is just one of many enhancements AIA is launching to mark this milestone. 

Through this partnership, AIA Vitality members enjoy an exclusive 15% discount on 12-month Anytime Fitness memberships and earn 100 Vitality Points per gym visit. These points contribute to unlocking higher membership tiers within the program, and can enable members to earn increased insurance coverage, as well as other rewards such as e-vouchers and partner offers, encouraging members to incorporate physical activity into daily routines and build lasting healthy habits.

AIA Philippines’ Rethink Healthy study, which surveyed over 1,000 Filipinos nationwide, found that while most respondents define health beyond physical, challenges like financial stress, lack of rest, and the challenge of sustaining healthy habits remain widespread. AIA Vitality helps close these gaps by guiding members toward a more holistic approach to wellness, encouraging small, consistent actions and rewarding healthier choices across physical, mental, financial and environmental well-being.

Melissa Henson, Chief Marketing Officer of AIA Philippines, said, “The Rethink Healthy study confirmed that Filipinos want to be more active but face barriers in sustaining holistic wellness habits. This partnership with Anytime Fitness makes building healthy habits more accessible to our customers. In addition, their integration in our AIA Vitality program also makes visiting their gyms rewarding. Anytime Fitness’ nationwide presence and 24/7 accessibility perfectly complement AIA Vitality’s goal of integrating health into everyday life. As we mark a decade of AIA Vitality, we remain committed to evolving the program to meet the needs of our members and, more broadly, the Filipinos we serve.”

AIA Vitality is a science-backed wellness program that encourages members to make healthier choices by rewarding them with increased insurance coverage and other rewards. Members earn points for activities such as exercising, undergoing health checks, sleeping better and meeting nutrition goals. 

Mark De Joya, COO of Inspire Brands Asia, the exclusive master franchisee for Anytime Fitness across Philippines, Singapore, Malaysia, Indonesia, Hong Kong, Thailand, Taiwan, and Vietnam, emphasized the shared vision between the brands, “Anytime Fitness is proud to operate over 5,600 clubs worldwide, including almost 200 here in the Philippines. Less than 1% of people in the region currently have a fitness membership, which shows how much potential there is to make wellness accessible. Partnering with AIA Vitality allows us to take our purpose seriously at both a personal and community level, helping more Filipinos prioritize their health every day while creating meaningful impact together.”

By integrating Anytime Fitness into its health ecosystem and guided by Rethink Healthy insights, AIA Philippines positions AIA Vitality at the intersection of insurance, technology, and healthy lifestyle. The partnership directly addresses cost and access barriers, empowering more people to actively rethink what healthy means, and embrace a truly holistic, sustainable approach to well-being.

AIA Vitality also offers new ways for members to earn points and access health resources. Members can now earn points for reaching just 5,000 steps in a day, with higher activity levels translating to greater rewards. Members can earn more points by using the app’s face scan function to regularly monitor and record health measures such as pulse rate, blood pressure and stress level. New Vitality members can receive an eGift voucher for linking a fitness device or app with Vitality for the first time, and earning their first fitness points. 

In addition, a new wellness hub within the AIA Vitality app serves as a dedicated resource center, offering expert videos, practical guides, and health tips to help members better understand their progress and maximize their wellness journey. The Hub is intended as an always-available companion, providing members with personalized support and actionable insights to make healthier living a daily habit.

Millennials and Gen Zs Prioritize Health, Purpose, and Financial Independence, But Health and Wellness Gaps Persist - New Manulife Philippines Study Finds

MANILA, Philippines – While millennials and Gen Zs in the Philippines are reshaping what it means to live well and live long, significant gaps between awareness and action jeopardize their health, wellness, and longevity aspirations, a new study by Manulife Philippines has found. 

According to “#FYP: Future-proofing Young Pinoys: Examining Health and Longevity Perspectives, Sentiments, and Aspirations of Millennials and Gen Zs,” which was conducted among 500 respondents across the Philippines, younger Filipinos are placing greater emphasis on healthspan, purpose, and financial independence. However, the study also revealed that while 83% of young respondents have good knowledge about health and wellness, only 76% say they are taking sufficient action to consistently practice healthy habits. 

“With a median age of 26.1, the Philippines has one of the youngest populations in Asia. Our latest study highlights the need to support younger generations in translating their health, wellness, and longevity aspirations into meaningful action. We found that millennials and Gen Zs are motivated to live healthier lives, but barriers like stress, excessive screen time, and sleep deprivation, among many others are holding them back from achieving this goal,” said Rahul Hora, President and Chief Executive Officer, Manulife Philippines.

Motivated to be healthy, but stress gets in the way; Millennial women among the most affected

The study found that millennials and Gen Zs are not short of motivation to pursue their health and wellness goals. While 64% said they are pursuing health to avoid getting sick, and 44% said they want to minimize potential medical expenses, many are equally driven by their personal well-being and self-image about feeling and looking good: 44% said they want to look good or fit, and 43% said they want to look youthful.

Younger Filipinos, especially women, are also putting more focus on healthspan, or the number of the years we live healthily, over lifespan. According to the survey, 60% of female respondents prefer to prolong their healthspans, while 53% of males prefer to prolong their lifespans.

Filipino millennials and Gen Zs face notable health and wellness gaps, from monitoring to their actual wellness behaviors:

- Young Filipinos show significant gaps in health monitoring (awareness vs what they actually monitor), particularly in mobility (24%), nutrition (23%), and cholesterol levels (20%). Gender differences are evident, with young women struggling more with nutritional monitoring (27%) and young men facing greater challenges in mobility monitoring (28%).

- Many young Filipinos find it difficult to consistently maintain healthy sleeping habits (20%), achieve work-life balance (19%), and follow a balanced diet (15%). Women report a larger gap in achieving work-life balance at 22%, compared to the 15% gap among men.

- Stress is the most prominent barrier to wellness, affecting 64% of respondents. Millennials report higher stress levels than Gen Zs (69% vs. 58%), and women are more affected than men (73% vs. 55%). Notably, 76% of millennial women say stress prevents them from pursuing their desired wellbeing—the highest among all generational and gender groups.

- Modern lifestyle habits further compound these issues, with excessive screen time impacting 48% and sleep deprivation affecting 45% of young Filipinos. Trends such as “bedrotting” and “doomscrolling” reflect how contemporary behaviors are undermining their wellness goals.

“We’re seeing that for young Filipinos, intent alone isn’t sufficient. While many are motivated to pursue healthier lives, they’re facing a complex mix of stressors and lifestyle gaps, which make it difficult to follow through. These habits quietly derail their ability to prioritize wellness. That’s why the next step is to find ways to embed wellness into their daily routine. By offering health and wellness-focused programs and collaborations with likeminded partners, we are helping them bridge the gap between intention and action, turning wellness goals into sustainable, everyday behaviors supporting their long-term health and longevity aspirations,” added Hora.

Younger Filipinos view age positively and prioritize attaining purpose and living independently than being illness-free

According to the study, 96% of millennials and Gen Zs surveyed believe aging is a natural process that should be embraced with positivity, while 91% of the respondents believe that living a meaningful life is more important than living a long one. The study revealed a striking perspective on aging priorities, with 83% of respondents believing that living independently and being able to do things that matter most to them is more important than being illness-free. 

Millennials surveyed focus more on physical health and family relationships as they age. Gen Zs, on the other hand, lean toward self-discovery, purpose, and making an impact. Only 13% of both generations consider maximizing lifespan as a top priority, with men showing slightly higher interest (17%) compared to women (8%).

“The findings reveal that young Filipinos see aging not as decline, but as a chance to live with purpose and independence,” Hora said. “It is therefore crucial that we create opportunities and support systems for them to live better at every stage of their lives. This means investing in holistic wellness programs, accessible financial health education, as well as tools that address both physical and mental needs, tailored especially for younger generations navigating various stressors of the modern world.”

“As one of the country’s longest-serving insurers, Manulife Philippines is deeply committed to supporting younger generations of Filipinos in their journey toward financial independence and longevity. Through our innovative insurance and investment solutions, and our nationwide network of over 10,000 professional financial advisors, we aim to empower millennials and Gen Zs to live fuller, healthier lives with purpose and confidence as they age,” said Hora. 

Financial independence: Younger Filipinos’ ultimate longevity concern

When it comes to living a longer life but also “adding life to years,” financial security tops the list of concerns for both generations. Among the respondents, 74% believe that longevity is a blessing only if they have sufficient financial resources, with running out of money being their greatest worry (61%). Millennials and Gen Zs agree that mental health is a top longevity concern (36% and 47%, respectively). Millennials surveyed are more concerned about keeping ties with children (37%), while Gen Zs are more concerned about living their desired lifestyle (39%).  

Gaining financial independence is also a top longevity priority for young Filipinos (52%), followed by family relationships (36%) and physical health (33%). Women, however, prioritize financial independence significantly more than men (60% vs. 44%). This gender gap reflects broader structural realities women face in the Philippines. Despite having longer life expectancies (69.9 vs 63.4), women have lower labor force participation (52.9% vs 76.3%) and are prone to career interruptions due to family and caregiving responsibilities. These factors make financial independence especially urgent for women, who must plan for longer retirement years with potentially fewer financial opportunities.

Financial planning remains one of the many challenges the youth face. Gen Zs surveyed estimate needing PHP22.3 million to achieve financial independence upon retirement, while millennials estimate PHP18.4 million. Yet only 20% of respondents have very high confidence in achieving these goals. Despite the challenges, young Filipinos take proactive steps. Among those who prioritize financial independence, 65% save part of their income, 45% purchase insurance, and 43% actively broaden their financial knowledge. However, 68% admit that sustaining investments remains difficult.

“It’s encouraging to see today’s younger generations starting to take more proactive steps toward financial planning. We’re seeing a shift in mindset, where millennials and Gen Zs are actively saving, purchasing insurance, and expanding their financial literacy. These are promising signs,” said Aira Gaspar, President and Chief Executive Officer, Manulife Investments Philippines. 

“The key now is to help them bridge the gap between intention and sustained action, through accessible, flexible investment strategies that evolve with their life stages, financial capabilities, and aspirations. By enabling them with the right tools and guidance, we can help turn financial independence into a tangible, achievable reality for our younger customers in the Philippines,” added Gaspar.

The Manulife Philippines study, “#FYP: Future-proofing Young Pinoys: Examining Health and Longevity Perspectives, Sentiments, and Aspirations of Millennials and Gen Zs” may be accessed and downloaded via the company’s website, manulife.com.ph.

Sun Life Philippines honored with Best Employee Engagement Program Award at the 2025 People Insight Awards

MANILA, PH – September 2025 – Sun Life Philippines was recently recognized with the Best Employee Engagement Program Award at the 2025 People Insight Awards.

 

Organized by TalentView, a leading employer branding firm, the People Insight Awards celebrates organizations that have successfully transformed their employer brand and strengthened employee engagement programs through purpose-driven leadership and cultural transformation.

 

Sun Life was honored for its commitment to building a workplace culture anchored in trust, collaboration, and shared purpose. Through initiatives like The Kaleidescope Hub, an employee-led Diversity, Equity, and Inclusion (DE&I) network, and the House Cup, a gamified approach to promoting overall well-being, Sun Life has empowered employees to share authentic stories of growth, inclusion, and personal fulfillment. It has showcased how the organization continues to nurture brilliance in every individual.

 

“Our people are the heart of Sun Life,” said Michelle Cordero-Garcia, Chief Human Resources Officer of Sun Life Philippines. “This recognition affirms the collective effort to create a workplace where everyone feels supported, valued, and inspired to thrive.”

 

This achievement comes on the heels of three other recognitions, including the 2025 HR Excellence Awards, where Sun Life received the Excellence in HR Innovation Award; the 2025 Asia-Pacific Stevie Awards, where it earned a Silver Stevie Award for its approach to HR management; and the 21^st Philippine Quill Awards, where it garnered a Merit Award for its employer branding campaign entitled Unleash Your Brilliance.

 

As Sun Life celebrates its 130^th anniversary, this award also reflects the company's strategic focus on fostering total wellness, promoting authenticity, and cultivating a culture of belonging. These efforts have led to tangible outcomes in employee retention, collaboration, and engagement, making Sun Life a community where people shine brighter together.

 

To learn more about Sun Life Philippines, visit www.sunlife.com.ph. Stay updated by following Sun Life Philippines on Facebook, Instagram, and TikTok.

 

Pru Life UK launches PRUWealth 10

For affluent and high-net-worth Filipinos who want their money to work as hard as they do, Pru Life UK has unveiled PRUWealth 10, a life insurance plan that combines guaranteed payouts, long-term coverage and flexible access to your plan’s cash value in one seamless solution. 

Designed for affluent and high-net-worth clients aged 55 to 65 who are looking to fund their next travel or a business idea, PRUWealth 10 is available for a limited time only. 

The solution offers a guaranteed 5% net annual cash payout for 10 years, a 100% return of premium at the end of the policy term, and life insurance coverage equivalent to up to 110% of the single premium paid.

“PRUWealth 10 is designed for discerning individuals seeking the best of both worlds—guaranteed income and protection,” said Garen Dee, Chief Product Officer of Pru Life UK. “Our high-net-worth clients value certainty and flexibility, and this product delivers exactly that.”

The plan requires a minimum single premium of Php 500,000 for clients aged 59 and below, and Php 3 million for those aged 60 to 70. It also provides access to cash values for loans, offering liquidity for emergencies or major expenses.

“With PRUWealth 10, Pru Life UK aims to meet the dual objectives of wealth accumulation and preservation for this specific segment of the country, reinforcing our role as a trusted partner in securing financial futures,” Dee added. 

To learn more about PRUWealth 10, visit www.prulifeuk.com.ph or follow Pru Life UK on Facebook. Please refer to the product terms and conditions or consult with a licensed Pru Life UK agent to ensure the product suits your needs. 

Sun Life Expands Collaboration with Go Negosyo to Empower Filipino MSMEs

MANILA, PH – September 2025 – Sun Life, the No. 1 life insurance company in the Philippines in terms of total premium income, has announced the expansion of its strategic collaboration with Go Negosyo, a non-profit organization that champions Filipino entrepreneurship, to further empower Micro, Small, and Medium Enterprises (MSMEs) across the country.

 

Building on the success of their initial tie-up, the expanded collaboration will bring free financial consultations to MSMEs through Go Negosyo’s 3M on Wheels events, a roving caravan that delivers mentorship, money, and market access directly to entrepreneurs. Sun Life financial advisors will be on-site to offer personalized financial planning and insurance guidance tailored to the unique needs of business owners.

 

Last year, the partnership made a significant impact with 25 3M on Wheels Caravans held nationwide, reaching thousands of MSMEs and providing them with access to financial education and mentorship. The overwhelming turnout and positive feedback from participants highlighted the importance of such initiatives in strengthening entrepreneurship in the Philippines.

 

The expanded tie-up also includes content collaborations such as financial literacy talks at Go Negosyo events and Coffee and Play sessions featuring Sun Life’s original board game, Play for Life: A Game of Choices, which is designed to teach financial concepts in a fun and engaging way.

 

“Our collaboration with Go Negosyo is a natural fit,” said Carla Gonzalez-Chong, Chief Client Experience and Marketing Officer of Sun Life Philippines. “We share a common vision of a nation where entrepreneurship thrives, and where every Filipino is given the opportunity to reach their full potential. As we celebrate our 130th year of service to the Filipinos, helping MSMEs secure their future is a priority for us because we believe that they are the backbone of our economy.”

 

Joey Concepcion, Founder of Go Negosyo, added: “Access to capital, along with financial literacy, will be crucial as we help MSMEs realize their role as drivers of sustainable and inclusive growth. Government cannot do it alone, and neither can the private sector. We must work together so that doors remain open for all Filipinos to realize their dreams of becoming successful entrepreneurs.

 

Through the expansion of this collaboration, Sun Life and Go Negosyo reaffirm their shared commitment to building a financially empowered and entrepreneur-driven Philippines – one MSME at a time.

 

To know more about Sun Life’s products and services for business owners, visit sunlife.co/entrepfinancialplan or talk to a Sun Life Financial Advisor today.

Giving Your Child the Future They Deserve

Raising a child has never been easy. In today’s economic climate, it’s especially challenging. With tuition fees and healthcare costs on the rise, Filipino families face financial pressures that make long-term planning for their children harder yet more urgent than ever.  

 

While many parents hope to give their children a better life, hope alone is no match to inflation, emergencies, and the rising cost of living. The question is no longer whether families should prepare for the future, but how soon they can begin. 

 

Here are five reasons why now is the right time to secure your child’s future: 

 

1. Inflation is eating into your child’s financial future. 

The country’s inflation rate increased to 1.5% in August 2025 from 0.9% the previous month, and factors such as increasing geopolitical conflicts and the changing regulatory landscape may drive the rate further upwards. Parents must be prepared to manage the impact of rising costs on their children’s future, including essentials like education, healthcare, and daily living expenses. 

 

What often gets overlooked is the compounding effect of inflation on long-term goals. What seems sufficient today may fall short in just a few years, which may leave children unprepared for the challenges that lie ahead. 

 

2. Delaying protection could mean higher insurance costs. 

 

Insurance premiums are rising alongside inflation. As life expectancy increases and healthcare costs soar, insurers adjust their rates accordingly. Moreover, medical underwriting becomes more stringent with age and health conditions. This means getting an insurance plan later can cost more than getting one now.  

 

Buying protection plans early, while the child is still young and healthy, not only ensures lower premiums but also guarantees coverage for health concerns that may develop later in life. It also buys time for policies to accumulate value. 

3. Education is getting more expensive every year. 

 

The cost of education continues to rise as schools implement new technology-related and miscellaneous fees as well as other charges. In 2024, private schools have petitioned for tuition increases ranging from 3% to 12% for the 2024-2025 academic year, according to the Coordinating Council of Private Educational Associations of the Philippines (COCOPEA). 

 

With education costs steadily rising, it is prudent for parents to start saving as early as now to ensure their children have access to quality schooling when the time comes. 

 

4. Emergencies can ruin even the best-laid plans. 

 

When emergencies hit, education funds are often the first to be diverted. A report by The Second Congressional Commission on Education (EDCOM 2) revealed a 39% national dropout rate in higher education, with financial constraints beyond tuition as the main reason. 

 

There is no telling when an emergency or tragedy will arrive. However, the one thing that families have control over is their children’s education fund. Having an educational plan in place, even a modest one, guarantees that a child’s schooling is taken care of no matter what happens. 

 

5. Early preparation gives peace of mind. 

 

For most parents, securing a child’s future goes beyond finances. It’s about having peace of mind that, come what may, their children will be protected and supported. Insurance offers that peace of mind. It’s a way of making sure that even in the face of illness, loss, or unexpected hardship, a child’s education and well-being will not be compromised. 

 

Ensuring Your Child’s Future 

 

At Sun Life Grepa, parents can choose from four life insurance plans to ensure their children’s education: 

 

Sun Grepa Power Builder 5 and 10: A short-paying life insurance plan that provides access to investment outlets, helping parents build a future source of income while providing guaranteed life protection to secure for their child’s future.  

Sun Grepa Secure Income: For parents who prefer guaranteed returns, this is a life insurance product that offers guaranteed yearly payouts, offering a stable income stream to support your child’s education or other future needs. 

Sun Grepa Elev8: A savings and insurance plan that grows with the child, offering increasing protection benefits and guaranteed cash payouts every two years starting in the eighth policy year. 

  

To know which insurance plan aligns with the future you want for your child, contact a Sun Life Grepa advisor,  visit www.sunlifegrepa.com, follow us on Facebook or email sunlifegrepa@sunlifegrepa.com. 

Stronger, Safer Communities: Pru Life UK and Prudence Foundation Champion Climate-Health Solutions

Pru Life UK, through the strategic support of Prudence Foundation, the community investment arm of Prudential plc, has launched a community-based intervention program to build resilience against dengue and leptospirosis, two known climate-sensitive diseases, in the cities of Malabon and Caloocan. NGO CARE Philippines was tapped as the implementing partner for the year-long program named SHIELD Project (Sustainable Health Interventions for Eradicating Leptospirosis and Dengue). 

The project is backed by Prudence Foundation’s PHP10 million Climate and Health Resilience Fund (CHRF), a fund that supports local projects that build community resilience against health impacts of climate change. This year, as the recipient of CHRF in the Philippines, the SHIELD project seeks to enhance community-level preparedness and protection against dengue and leptospirosis health systems in the cities of Malabon and Caloocan.

This year, the SHIELD Project aims to reach 6,700 beneficiaries, including 200 barangay healthcare workers, 2,000 residents trained on disease prevention, 4,000 reached through health campaigns, and 500 community leaders trained to champion WASH practices.

Capacity-building training sessions were conducted for LGU (local government unit) personnel, including Barangay Health Workers and Barangay-level Health Education and Promotion Officers, as part of SHIELD’s key program activities. These sessions aimed to enhance their skills in effective disease prevention and control within their communities.

In 2024, dengue and leptospirosis cases in the Philippines increased by 33% and 16% respectively, underscoring the urgent need for sustainable and community-based responses.

The SHIELD Project covers targeted health interventions, including:

Education campaigns on disease prevention and the climate-health link

Training for local health workers and government partners to improve detection and response

Clean-up drives and distribution of mosquito nets and WASH kits

Development of early warning systems and community-led surveillance 

Inclusive health education to empower women and vulnerable groups

“As the impacts of climate change become more visible in our communities, we believe that building health resilience is not just necessary—it’s urgent,” said Maricel Estavillo, VP for Sustainability and Takaful Head at Pru Life UK. “Through the SHIELD Project, we aim to empower local communities with knowledge, tools, and systems that can save lives and protect livelihoods, especially in the most at-risk areas.”

The initiative supports the Department of Health’s climate and health adaptation strategy and reinforces Pru Life UK’s and Prudence Foundation’s commitment to building safer, more resilient communities. Designed for long-term impact, SHIELD will serve as a model for replication in other high-risk areas in the country.

SUN LIFE GREPA AND ASA PHILIPPINES PARTNER TO EMPOWER UNDERSERVED WOMEN THROUGH FINANCIAL PROTECTION

Sun Life Grepa Financial, Inc. (Sun Life Grepa), one of the countrys major life insurance companies, and ASA Philippines Foundation, Inc. (ASA Philippines), a​ leading non-profit ​microfinance organization dedicated to uplifting underserved women and their families, have formally sealed their partnership through a ceremonial signing held at ASA Philippines Central Office last September 10, 2025.

 

The partnership aims to provide ASA Philippines’ ​more than 2 million women members, many of whom are mothers, with access to affordable life and family insurance solutions. Through the new Microinsurance Program​ that will be launched soon, Sun Life Grepa and ASA Philippines hope to empower women to not only secure their own futures but also ensure financial protection for their loved ones.

Shown in photo during the signing ceremony were Sun Life Grepa President Richard Lim and Head of Affinity Marketing Jose Enrique Songco Jr. (2nd from right and extreme right), along with ASA Philippines President and CEO R​apa Lopa and C​hief Operating Officer  and Chief Transformation Officer  Imelda Centeno (1st and 2nd from left), who expressed their shared commitment to improving the lives of Filipino families through financial literacy and protection.

 

 “With this collaboration, we are making life insurance more accessible to underserved women and their families. We believe that by protecting the mothers, we are also protecting entire households and communities,” Richard S. Lim, President of Sun Life Grepa.

ASA Philippines representatives likewise underscored the importance of financial empowerment in their mission. This partnership with Sun Life Grepa enables us to give our ​Nanays the tools and confidence to build more secure futures for their families,” said Rapa C. Lopa, President and CEO of ASA Philippines.

 

The partnership is part of Sun Life Grepa’s ongoing mission to provide Filipinos with innovative and inclusive insurance solutions, while supporting organizations that champion community development and financial wellness.

Pru Life UK Backs Community Clean-Up Drives in Caloocan to Help Prevent Dengue and Leptospirosis

As heavy rains and widespread flooding continue to impact several parts of the country, residents of Caloocan are stepping up to protect their neighborhoods from the health threats that often follow.  With support from Pru Life UK through its SHIELD Project, residents launched clean-up activities to reduce the risks of dengue and leptospirosis – diseases that thrive in flood-prone areas.

SHIELD which stands for Sustainable Health Interventions for Eradicating Leptospirosis and Dengue (SHIELD) Project is rolled out in targeted communities in Caloocan and Malabon, aiming to build community resilience against two of the most common climate-sensitive diseases in the Philippines that are expected to worsen due to climate change. 

The project is funded with PHP10 million grant from the Climate and Health Resilience Fund by Prudence Foundation, the community investment arm of Prudential plc, with CARE Philippines as the project implementing partner. 

Over 110 volunteers, including barangay staff and residents from Barangays 178 and 186 in Caloocan, joined a two-day community-led initiative in August to eliminate stagnant water, clear potential mosquito breeding sites, and remove waste that can clog drainage systems. The SHIELD Project provided essential cleaning supplies such as brooms, dustpans, and garbage disposal bags as well as mosquito repellents to support the effort.

To raise awareness, Information, Education, and Communication (IEC) materials on dengue and leptospirosis prevention were distributed to residents. These efforts not only helped create cleaner, safer public spaces but also strengthened community knowledge on how to prevent climate-sensitive diseases.

“Through collaborative efforts with the residents and stakeholders from the local government units, we are able to bring the community together and foster a sense of collective responsibility to help build resilience to the health risks of climate change,” said Maricel Estavillo, Pru Life UK’s Sustainability and Takaful Head.

Clean-up activities in Malabon are scheduled this September to continue the community-led initiative towards public health and resilience.