Village Connect
In an era where financial security often feels fleeting, Filipinos are becoming more discerning about how to protect their families and grow their wealth at the same time. Enter the Variable Unit-Linked (VUL) insurance plan — a hybrid financial tool that blends lifelong protection with the potential for investment growth.
“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.”
At its core, a VUL policy is built to act as a shield during life’s unexpected moments. It ensures that a family’s financial foundation remains intact — whether it’s for education, daily living expenses, or paying off loans. But beyond that, it also works quietly in the background to build value over time, turning consistent premiums into a growing fund that can support future goals such as starting a business, retirement, or even funding a child’s dreams.
Corcuera likens the plan to a balancing act between protection and progress. “The investment side of VUL is a long-term play,” he explains. “It’s about building value gradually, aligned with your financial goals.”
When clients pay their premiums, a portion immediately covers insurance charges — ensuring their life protection remains active. The rest is invested in professionally managed funds, represented by fund units that fluctuate with market performance. Over the years, these units can accumulate, offering both growth potential and flexibility should the policyholder wish to access part of the value for major life milestones.
Still, Sun Life reminds clients that VULs are not meant to replace pure investment products. “The real strength of VUL lies in its ability to provide a guaranteed benefit to your loved ones,” Corcuera emphasizes. “Unlike a pure investment, VUL ensures that your beneficiaries receive a predetermined amount, no matter what happens.”
Ultimately, VUL insurance represents a long-term commitment — not just to wealth, but to responsibility. It’s a product that grows with you, providing both peace of mind and financial empowerment. “Think of it as your shield and your tool for financial growth,” Corcuera concludes. “When used correctly, it can secure your family’s tomorrow while helping you reach your goals today.”
To learn more, visit www.sunlife.co/VUL101 or speak with a Sun Life financial advisor to find the plan that fits your protection and investment needs.
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