4 Ways Filipinos Can Take Charge of their Health

Every year on World Health Day, global attention turns to the importance of protecting people’s well-being. In the Philippines, there is an opportunity to strengthen the healthcare system’s emphasis on preventive care alongside treatment.

Many Filipinos seek medical attention only when symptoms become severe. A report by the Philippine Statistics Authority (PSA) found that in 2024, more than a third of Filipinos died from illness without seeing a medical professional beforehand1, reflecting the country’s long-standing challenge of delayed health-seeking behavior. 

This statistic highlights the growing need to strengthen preventive healthcare — taking proactive steps to protect one’s health before conditions become serious. Beyond improving health outcomes, prevention can also help individuals and families avoid the emotional and financial strain that often accompanies severe medical conditions. 

Here are four practical ways Filipinos can prioritize preventive healthcare and protect their well-being. 

Make regular health screenings part of your routine 

Many serious health conditions develop quietly. High blood pressure, diabetes, and even some cancers may not show obvious symptoms in their early stages. 

 https://businessmirror.com.ph/2026/02/02/psa-over-one-third-of-pinoys-died-unattended-in-2024/

Regular health checkups help doctors detect potential risks early and recommend the right steps before conditions worsen. Simple tests — such as blood pressure checks, cholesterol tests, and blood sugar monitoring — can go a long way in identifying problems early. 

Catching a condition early often means simpler treatment, better outcomes, and lower healthcare costs in the long run. 

Build healthier habits one step at a time 

Preventive healthcare starts with everyday choices. Eating balanced meals, staying physically active, getting enough sleep, and managing stress can greatly reduce the risk of chronic diseases. 

The good news is that small changes can make a big difference. Adding a short daily walk, choosing healthier food options, or cutting down on smoking and excessive drinking are simple steps that contribute to better long-term health. Over time, these habits help strengthen the body and improve overall quality of life. 

Understand your personal health risks 

Everyone’s health profile is different. Factors such as family history, age, lifestyle, and environment can influence a person’s risk for certain illnesses. Knowing these things makes it easier to take action before small concerns turn into bigger health issues. 

Talking regularly with healthcare professionals can help individuals better understand their unique health risks and determine which screenings or preventive measures are most appropriate for them. 

Don’t forget to prepare financially for unexpected health emergencies 

Even with the best preventive practices, unexpected medical situations can still happen. That’s why financial preparedness is an important part of protecting one’s health and family. 

Hospital stays, treatments, and long-term care can bring significant expenses. Planning ahead helps ensure that when medical needs arise, families can focus on recovery instead of worrying about the financial impact. 

Insurance solutions designed for health protection can provide that extra layer of support, helping families manage potential medical costs when they need it most.  

For Sun Life Grepa Financial, Inc. (Sun Life Grepa), a major life insurer in the country, encouraging healthier practices goes hand in hand with promoting financial preparedness. By supporting healthier lifestyles while helping Filipinos plan for possible medical expenses, the company aims to encourage a more holistic approach to protection. 

Sun Life Grepa offers the following solutions to complement preventive health planning: 

Sun Grepa Fit and Well: A health protection plan that covers 100+ critical illnesses and provides comprehensive coverage up to age 100. It also offers a plan option that can help cover critical illness-related hospitalization, post-hospital care, and home recovery expenses.

Sun Grepa ProHealth: An affordable health protection plan that provides benefits in case diagnosed with a covered early or late-stage critical illnesses. It offers simple application process with no medical exam.

 Sun Grepa Senior Care: A health solution made specifically for those in their pre-retiree and retire life stages. It provides a significant financial benefit in case diagnosed with any of seventeen (17) common critical illnesses for that life stage.

 

To know which plan best fits your lifestyle and health needs, consult a Sun Life Grepa advisor or visit www.sunlifegrepa.com.  

 

 

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.

SUN LIFE RACES TOWARDS A HEALTHIER TOMORROW AT LUAP’S LIFEST FUN RUN

Sun Life Philippines bolsters its health and wellness thrust as it proudly served as a platinum sponsor at the recently concluded LIFEST: InsuRUNce Fun Run, an event organized by the Life Underwriting Association of the Philippines (LUAP) in partnership with the Insurance Commission.

 

The event brought together hundreds of insurance professionals for a day of fitness, camaraderie, and advocacy for health and wellness. More than 400 Sun Life employees and advisors laced up their running shoes and joined the festivities, showcasing the company’s dedication to living its purpose beyond financial security.

 

“For Sun Life, health is an integral part of its mission to help Filipinos achieve not only a brighter future, but also a healthier tomorrow,” said JJ Moreno, President of Sun Life of Canada (Philippines), Inc. “Supporting events like the LIFEST Fun Run is a natural extension of our mission to champion living a healthier life.”

 

Participants also enjoyed wellness activities and a variety of booths set up by Sun Life and other companies who sponsored the event, celebrating the vitality and community within the insurance industry.

 

Sun Life’s involvement in initiatives like LIFEST Fiesta reflects its holistic approach to well-being. Beyond offering financial solutions, the company actively promotes programs and partnerships that encourage Filipinos to embrace healthier lifestyles. In fact, the company holds annual sporting events such as Sun Life Cycle PH, a family-friendly cycling event that features different categories for all skills and ages, and the 5150 Triathlon in Bohol, for more seasoned athletes.

 

Want to know more about Sun Life’s health and wellness initiatives? Stay updated by following @SunLifePH on Facebook, Instagram, and TikTok or visit www.sunlife.com.ph for more information on its products and services.

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

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.

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.

 

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. 

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.

Sun Life Reinvents Frontline Client Contact Points to Elevate Client Experience

MANILA, PH – September 2025– Sun Life, the Philippines’ leading life insurer, has unveiled its newly transformed Client Service Centers and New Business Offices, marking a bold step forward in delivering exceptional Client experiences.

 

In a recent ribbon-cutting and blessing ceremony, Sun Life inaugurated its Client Service Center in ACE Building in Makati City. The revamped facility features state-of-the-art technology to support faster transactions and is set to introduce cashless operations soon. This underscores Sun Life’s commitment to innovation and convenience.

 

“The ACE Client Service Center was designed with our Clients at the heart of every detail,” said JJ Moreno, President of Sun Life of Canada (Philippines), Inc. “From the layout to the technology, every element is meant to make their experience smoother and more personal. We want every visit to feel like a step closer to reaching their financial goals, with the trusted Sun Life service they deserve.”

 

In a separate event, Sun Life also celebrated the launch of three New Business Offices located in Bonifacio Global City, Taguig – Cannonball, Joshua Tree, and Neem Tree. These offices now operate under a modified co-working space arrangement, fostering collaboration and efficiency among advisors and teams. The setup is designed to be space-optimized and conducive to modern business practices, with more New Business Offices expected to adopt this model in the coming months.

 

“We believe that by creating smarter, more collaborative workspaces, our advisors will be better equipped to deliver the kind of personalized, high-quality service that our Clients deserve,” shared Moreno. “This new environment fosters efficiency and innovation, allowing our advisors to focus on what matters most – helping our Clients achieve their financial goals with confidence.”

 

As part of its ongoing commitment to excellent Client service, Sun Life continues to enhance its frontline contact points by transforming traditional offices into modern, tech-enabled spaces. These efforts ensure that every touchpoint is designed to be more responsive and more aligned with the evolving needs of their Clients.

 

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

Sun Life Bags Two Excellence, One Merit Award at the 21st Philippine Quill Awards

MANILA, PH – September 2025 – Sun Life, a leading financial services organization, has been honored with multiple awards at the prestigious 21st Philippine Quill Awards, celebrating excellence in business communication. The recognition comes as Sun Life commemorates its 130th anniversary, underscoring the company's commitment to impactful communication and financial literacy.

 

Sun Life received the coveted Excellence Award for two groundbreaking projects: Play for Life, a gamified financial literacy campaign that successfully engaged audiences nationwide, and Sun Talks: Digital Media Edition, a dynamic workshop empowering digital media professionals to champion financial literacy. These initiatives not only fostered greater awareness but also inspired participants to actively support the advocacy of financial wellness.

 

Additionally, the company earned the Merit Award for Unleash Your Brilliance, an employee branding campaign that showcased Sun Life’s vibrant culture while contributing directly to recruitment success. The campaign highlighted the importance of empowering employees and celebrated their individual contributions to the company’s growth.

 

“These awards are a testament to Sun Life's dedication to creating meaningful impact through effective communication," said Carla Gonzalez-Chong, Chief Client Experience and Marketing Officer at Sun Life Philippines. "As we celebrate our 130th anniversary, we're eager to create more programs that will ultimately help Filipinos achieve lifetime financial security and live healthier lives.”

 

The Philippine Quill Awards, organized by the International Association of Business Communicators (IABC) Philippines, is one of the country's most prestigious award-giving bodies in the field of business communication.

Sun Life Tops Philippine Life Insurance Industry for the Second Quarter of 2025

MANILA, PH – August 2025 – Sun Life of Canada (Philippines), Inc., the country’s first and longest standing life insurance provider marking its 130th anniversary this year, has secured the number one spot in the industry for the second quarter of 2025, with a total premium income amounting to PHP 28.9 billion.

 

This achievement reflects Sun Life’s exceptional performance and its unwavering commitment to delivering quality service and Client experience. It underscores the company’s dedication to its Clients, commitment to excellence, and the collective efforts of the agency force and head office – solidifying its position as a leader in the life insurance sector.

 

“Amidst economic uncertainty and technological disruption, Sun Life remains focused on what matters most – our Clients,” said Benedict Sison, CEO and Country Head of Sun Life Philippines. “We are committed to being their Partner for Life, always prioritizing their needs, delivering innovative solutions, and cultivating a culture of excellence, integrity, and care.”

 

This achievement comes on the heels of Sun Life’s back-to-back wins at the Insurance Asia Awards, where its product, Sun Life Secure Income, was recognized with the Product Innovation of the Year Award, and at the HR Excellence Awards, where it was bestowed the Gold Award for Excellence in Innovation.

 

“All these show that being Client-centric will always lead us to our best work,” Sison said. “We are grateful to our Clients for the support and inspiration and look forward to our continued journey together for years to come.”

 

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

A Practical Guide to Managing Your Finances During Ghost Month

MANILA, PH – August 2025– Ghost Month, or the seventh lunar month, is a time of deep-rooted traditions and beliefs in the Philippines. It is believed that this is the time when the gates of the underworld are open, and spirits roam the Earth. While it is a period for honoring ancestors and exercising caution in life, it is also a time when many people pause major financial decisions.

 

However, a temporary slowdown in activities does not mean your financial progress has to stop. Sun Life believes that Ghost Month can be an opportunity to reset and strategize. Instead of seeing it as a time of bad luck or misfortune, consider it a period for thoughtful financial planning and preparedness.

 

Here are some tips on how to manage and navigate your finances during Ghost Month.

 

1. Avoid impulsive, big-ticket purchases.

The most well-known financial superstition of Ghost Month is to avoid buying big-ticket items like a new car, a house, or even starting a major home renovation. From a practical standpoint, this is a great rule to follow. Use this month as a chance to pause and reflect on your purchasing habits. Ask yourself: Is this a “want” or a “need”? This period of non-spending can help you save money and re-evaluate your long-term financial goals.

 

2. Focus on financial housekeeping.

With fewer major transactions and business ventures, Ghost Month is the perfect time for financial housekeeping. You can use this period to review your budget and go through your spending habits over the last few months to see where you can cut back. You can also take this time to sort through your bank statements, insurance policies, and investment paperwork. It is very helpful to have a clear and organized financial portfolio.

 

3. Build your emergency fund.

An emergency fund is your safety net against life’s uncertainties. If you do not have one yet, now is the time to start. Set a goal to save at least three to six months’ worth of living expenses. This will offer a sense of security that no superstition can shake.

 

4. Study your investment options.

While you may be hesitant to make a big investment during Ghost Month, this is the perfect time to explore your options. You can use this period to learn more about the different ways you can grow your money, such as Unit Investment Trust Funds (UITFs) or mutual funds. This is a time for research and education, not necessarily for making a move.

 

5. Plan for future financial goals.

Think of Ghost Month as a quiet break before a busy and productive fourth quarter. Instead of making major moves, use this time to plan for them. You can meet with a financial advisor from Sun Life so they can help you create a long-term plan based on your personal goals.

 

Ghost Month is a reminder that while some things are beyond our control, we can always prepare for the future. Just as you take precautions during this period, you can also take proactive steps to secure your financial well-being. Sun Life can provide you with the tools, personalized advice, and financial security to face life’s challenges, year-round. This Ghost Month, focus on what you can control in your financial future, and let Sun Life help you build a brighter one.

 

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

Sun Life Grepa Launches Affordable Insurance Plan with Money-Back Guarantee for Working Filipinos

Sun Life Grepa Financial, Inc. (Sun Life Grepa), one of the country’s leading life insurance providers, has introduced Sun Grepa Cashback Protect, a new life insurance plan designed to help Filipino employees and professionals secure their financial future without straining their budget. This new offering, which combines protection and a money-back guarantee, reinforces the company’s commitment to helping Filipinos achieve lifetime financial security. 
 
Depending on chosen variant, Sun Grepa Cashback Protect offers life insurance coverage of up to 20 times the annual premium*, with monthly plans starting as low as ₱2,500, making it accessible to more Filipinos. The plan is especially suitable for those with limited income who may find traditional insurance products financially out of reach. 
 
In addition, policyholders can look forward to guaranteed money-back benefits, receiving at least 100% of their total annual premiums paid* at the end of the 20-year coverage period, making this plan a smart and secure financial decision. Additionally, Sun Grepa CashBack Protect may be availed without the need for any medical exam, offering a hassle-free and convenient application process. 
 
Understanding the diverse financial realities of Filipino workers is central to the plan’s design. Despite growing awareness and interest in insurance, affordability remains a key barrier for many. 
 
“With Sun Grepa Cashback Protect, we’re providing Filipinos with a practical, budget-friendly way to protect what matters most while helping them develop the habit of disciplined savings at the same time,” said Richard S. Lim, President of Sun Life Grepa. “This plan responds directly to the needs of hardworking individuals who want to secure their future but are often constrained by cost. We want them to start building their future today with affordable protection that rewards them.” 

The plan also offers flexible payment terms, allowing policyholders to pay premiums over 5 or 10 years, with the option to choose from annual, semi-annual, quarterly, or monthly payment modes. In case of emergencies, policyholders can access their guaranteed cash value through a policy loan. Moreover, if diagnosed with a terminal illness, a portion of the coverage amount may be claimed in advance. This provides critical financial support during difficult times. 
 
Sun Grepa Cashback Protect is part of Sun Life Grepa’s broader mission to reach the underserved middle-income families and offer financial solutions tailored to their real-life needs. Whether you're just starting your career, supporting a growing family, or planning ahead, this plan can serve as a reliable financial foundation. 
 
“Financial protection and long-term savings should never be a luxury,” Lim added. “Through this plan, we’re making meaningful financial solutions more accessible to every Filipino so they can live brighter, more secure lives.” 
 
To learn more about Sun Grepa Cashback Protect, connect with a Sun Life Grepa financial advisor or visit www.sunlifegrepa.com. 

 

*Benefit payable is based on Original Annual Premium. Original Annual Premium is the annual premium of the basic policy effective date, excluding any rider premium, extra premium, and/or modal loadings.  

 

Note: Benefits indicated above are subject to the specific guidelines set by Sun Life Grepa and the actual provisions of the insurance policy contract.