Village Connect
In a country where dreams and duties often pull in different directions, Sun Life Philippines has introduced a new product that aims to make securing the future both achievable and affordable for Filipino employees and professionals.
Named Sun Life Save and Protect, the plan responds to the diverse needs of today’s workforce. A recent Sun Life study found that Gen Zs and younger millennials are eager to build multiple income streams to reach life goals, while older millennials and Gen Xers prioritize saving for retirement and funding their children’s education. Yet, across all age groups, affordability remains a major challenge.
Designed to break that barrier, Sun Life Save and Protect offers life insurance coverage up to 20 times the annual premium. What makes it more appealing is its promise to return at least 100% of total annual premiums paid after 20 years if the life insurance benefit goes unused—turning protection into a form of long-term savings.
“We envision more Filipinos achieving their financial goals because they can now afford to do so,” shared Carla Gonzalez-Chong, Sun Life Philippines’ Chief Client Experience and Marketing Officer. “It’s a smart way to secure the future while staying prepared for life’s uncertainties today.”
Plans start at just PHP 2,500 per month, making it manageable even for those still establishing their careers. The product also offers added peace of mind: a portion of the face amount may be claimed in advance upon diagnosis of a terminal illness, and policy loans are available from the guaranteed cash value for emergencies.
By recognizing the real financial constraints of Filipino professionals and employees, Sun Life hopes this product becomes more than just insurance—it becomes a stepping stone toward lifelong financial wellness.
As Gonzalez-Chong emphasized, “While Filipinos grow their careers and work hard for their families, Sun Life Save and Protect will be here to help them chase their dreams.”
Those interested can speak to a Sun Life advisor or learn more at www.sunlife.co/SaveandProtect.
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