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Sun Life donates Php40 million to promote healthier lives among marginalized youth across Asia

Sun Life, a leading financial services company, is set to breathe new life into basketball courts and inspire healthier lifestyles among marginalized youth in communities across Asia with a generous donation of PHP 40 million. This philanthropic initiative, undertaken in partnership with Beyond Sport, a global sport-for-social-change foundation, aims to tackle the alarming rates of physical inactivity and sedentary behavior among children and adolescents in the region.

Answering the Call: Sun Life’s Response to Alarming Health Trends

The drive behind this inspiring endeavor stems from the findings of the 2022 Active Healthy Kids Global Alliance report, sponsored by Sun Life. This comprehensive study shed light on the troubling rise of physical inactivity among Asian youth, contributing to a slew of health issues including cardiovascular disease, type 2 diabetes, obesity, mental health challenges, and more.

According to the report, several Asian countries, including Hong Kong, Malaysia, Indonesia, the Philippines, and Vietnam, scored dismally in terms of overall physical activity, with Hong Kong and Malaysia receiving a grade of ‘D,’ and Indonesia, the Philippines, and Vietnam falling into the ‘F’ category. This means that fewer than 20% of children ages 6 to 17 are achieving an average of at least 60 minutes per day of moderate to vigorous physical activity throughout the week.

Sun Life Chief Client Experience and Marketing Officer, Carla Gonzalez-Chong, remarked, “Promoting movement is an important aspect of Sun Life’s health and wellness advocacy. We constantly explore fun and engaging ways to promote it among Filipinos, especially the youth. For this particular initiative, we took inspiration in our country’s love for basketball so we can encourage everyone to make physical activity a part of their lifestyle.”

Beyond Sport: A Collaborative Approach for Positive Change

Beyond Sport Executive Director, Fred Turner, emphasized that young people worldwide face barriers to accessing sports and the multitude of benefits it offers. Often, these barriers boil down to having a safe space to move and play. “We are proud to partner with Sun Life to improve physical and mental wellbeing outcomes for marginalized youth. We hope this program, built with community and sustainability in mind, will help them develop life-long habits that will allow them to thrive.”

#MovementMatters Gains Momentum

The ambitious initiative aligns seamlessly with Sun Life’s #MovementMatters campaign, which champions physical activity as a pivotal component of healthier living.

The campaign was launched with great enthusiasm through a 3×3 charity event held simultaneously in Manila and Jakarta, Indonesia, from August 18 to 20. In Manila, the “Sun Life 3×3 Charity Challenge” took place at SM Megamall, boasting a participation of 349 individuals, including celebrities and basketball influencers such as Gab Banal, Ael Banal, Brent Javier, Jollo Go, Andre Felix, Thor Gomez, Brent Paraiso, John Custodio, Axel Torres, Pat Sugui, Kirst Viray, Ralph Molina Martin Reyes, Miguel Aytona, Hendrix Jim, and Martin Javier.

Sun Life’s commitment to the cause was evident as they pledged PHP 4,000 for every participant in both Manila and Jakarta. Moreover, for every like, share, comment, and post on social media with the hashtag #MovementMatters, they contributed to a cumulative donation of PHP 40 million.

The event also dovetailed with the participation of Team Canada and its top players in the 2023 FIBA Basketball World Cup taking place in Manila, with Sun Life serving as the Official Health & Wellness Partner of Canada Basketball.

“We’re thrilled about the momentum we’ve set for the #MovementMatters campaign and look forward to everyone’s continued support,” exclaimed Gonzalez-Chong. “With our concerted efforts, we can certainly help more people live healthier lives.”

Sun Life’s substantial contribution and dedication to fostering healthier futures for Asia’s marginalized youth exemplify the positive impact that corporate social responsibility can have on communities across the continent.

Details and images provided in a recent press release.

Navigating Sun Life’s Journey: Innovations and commitment to brighter financial futures

In a rapidly evolving landscape of financial services, Sun Life emerges as a beacon of innovation, illuminating the path to brighter futures for Filipinos. Recent developments spanning engaging roadshows, regional recognition, and pioneering investment strategies reflect not just a trail of achievements, but a dedication to empowering individuals and families.

A Vibrant Blend of Inspiration and Community

The “Wish Upon A Sun: Kasa-Kasama sa Roadtrip” event, a collaboration between Sun Life and Wish 107.5, brought a tapestry of music, camaraderie, and inspiration to Iloilo’s Parksquare Festive Walk. Beyond the festivity, the event echoes Sun Life’s Partner for Life campaign, illuminating the brand’s promise to help Filipinos achieve a brighter life while securing their loved ones’ futures.

Local artists like Dan Pornel, Rock Opong, Tropa Vibes, and Mary Anjolie set the stage ablaze, while interactive experiences like Swipe Bright engaged attendees in a novel way to match financial solutions with personal preferences. Yet, it was not just about fun and games; participants gained the chance for free financial consultation, reflecting Sun Life’s commitment to providing tangible value.

Recognition Beyond Borders: Industry Accolades

Sun Life’s impact transcends national borders, earning recognition at esteemed industry awards in Singapore. At the Asia Trusted Life Agents and Advisers Awards (ATLAA), CEO & Country Head Benedict Sison was acknowledged as the Executive Champion of the Year, a testament to his leadership in the industry. Meanwhile, Sun Life Grepa Financial, Inc. (SLGFI) secured the MSME Insurance Initiative of the Year Award for the second consecutive year.

These accolades spotlight Sun Life’s unwavering dedication to excellence and its role in empowering both its team and its clients. This recognition reaffirms Sun Life’s commitment to delivering value beyond expectations.

Pioneering Investment Strategies for Tomorrow’s Growth

Beyond events and recognition, Sun Life propels Filipinos toward brighter tomorrows through innovative investment solutions. The Sun Life Prosperity World Voyager Fund, managed by Sun Life Asset Management Company, Inc. (SLAMCI), recently earned recognition from the CFA Society Philippines. Named the 2023 Best Managed Fund of the Year in the Equity Fund, Dollar category, this acknowledgment underscores the fund’s consistent performance and its ability to navigate global equity markets.

The Sun Life Prosperity World Voyager Fund breaks the mold by providing access to global equities, empowering investors to seize opportunities worldwide without being confined by specific indices. With an investment horizon tailored for high-risk profiles, this fund symbolizes Sun Life’s commitment to fostering long-term growth and diversification of US Dollar investments.

Guiding Filipinos Toward Radiant Tomorrows

As Sun Life’s journey unfolds, it embodies the spirit of transformation, empowerment, and dedication to a brighter financial future. The milestones achieved, be it through engaging events, regional recognition, or innovative investment strategies, reflect Sun Life’s commitment to guiding Filipinos toward prosperity.

Amidst an ever-changing financial landscape, Sun Life stands steadfast, not just as an industry leader, but as a partner for life. With a resolute promise to empower individuals and families on their journey to financial security and well-being, Sun Life continues to illuminate the path toward the radiant tomorrows that every Filipino deserves.

For further exploration of Sun Life’s offerings and the pursuit of a brighter financial future, visit its website or talk to Sun Life Financial Advisor. The promise of prosperity and security awaits, guided by the unwavering beacon that is Sun Life.

Details provided in recent press releases.

Sun Life: Empowering Advisors, Promoting Sustainability, and Making a Difference in Communities

Sun Life, a leading financial services company, has been making significant strides in various areas, from empowering its advisors to promoting sustainability and making a positive impact in communities. Through a series of recent accomplishments, Sun Life has showcased its commitment to excellence, innovation, and social responsibility.

Empowering Advisors for Success

Over 200 Sun Life Advisors Conferred with Wealth Planner Designations by Wealth Management Center

Sun Life’s dedication to empowering its advisors and providing them with the necessary skills and knowledge is exemplified by the recent conferment of Associate Wealth Planner and Certified Wealth Planner designations to over 200 advisors. Through a comprehensive learning program in partnership with the Wealth Management Center (WMC), Sun Life advisors received extensive training in life insurance planning, investment planning, risk management, healthcare, and estate planning. The program emphasized the practical application of knowledge through discussions centered around real-life cases and examinations after each module. By upskilling its advisors, especially those specializing in high-net-worth business, Sun Life ensures that its clients receive expert guidance and exceptional service.

Promoting Financial Security and Sustainability

RCBC Diskartech relaunches voucher promo for availing Sun Life Grepa insurance

In collaboration with RCBC Diskartech, Sun Life is driving accessibility and affordability in life insurance by offering shopping vouchers to new and existing Diskartech users who avail of Sun Life Grepa insurance products. This promo encourages more Filipinos to protect their financial future while providing them with convenient rewards. By combining the power of technology and insurance, Sun Life aims to make life protection packages easily attainable and manageable for individuals and their families. Through this initiative, Sun Life promotes financial security while fostering a culture of inclusivity and innovation.

Investing in a Sustainable Future

Build a sustainable future with Sun Life Grepa’s newest fund

Sun Life Grepa Financial, Inc. takes a significant step towards sustainable investing by launching the SLG Peso Global Sustainability Growth Fund. This sustainability-driven VUL equity fund focuses on Environmental, Social, and Governance (ESG) factors and aims to generate long-term capital appreciation. By investing in global funds that integrate ESG principles, Sun Life Grepa offers investors an opportunity to align their investments with their values. The fund not only delivers financial returns but also contributes to the building of a more sustainable future. Sun Life Grepa’s commitment to sustainable investing reflects its dedication to helping clients achieve lifetime financial security while making a positive impact on society and the environment.

Those interested to avail of the SLG Peso Global Sustainability Growth Fund can contact their Sun Life Grepa Advisor, visit any Sun Life Grepa or RCBC branch, or email wecare@sunlifegrepa.com.

Enriching Lives through Corporate Social Responsibility

Rides for School: Sun Life Foundation donates bikes to school kids

The Sun Life Foundation, in collaboration with Good Neighbors International Philippines (GNIP), demonstrates its commitment to improving communities by donating bicycles to school children in remote areas. These bicycles benefit students who face long and challenging journeys to school. By providing the means of transportation, Sun Life Foundation enables these students to reach school faster, saving time and energy for studying and personal growth. Additionally, the Foundation organized a Sun Life Cycle PH Kids’ Bike Camp, where the recipients learned bike skills, received safety tips, and had the opportunity to ride their new bikes. Sun Life Foundation’s dedication to creating a brighter future extends beyond financial services and contributes to the holistic development of individuals and communities.

Recognitions and Leadership

Sun Life Bags Employer Brand Award and Two HR Chief Accolades

Sun Life’s commitment to its employees and fostering a positive work environment has been recognized with the company being named one of the Philippines’ Best Employer Brands of 2023-2024 at the Employer Branding Awards. Michelle Cordero-Garcia, Sun Life’s Chief Human Resources Officer, also received accolades as one of the Top Most HR Leaders of 2023 and as one of the Philippines’ Woman Leaders. These acknowledgments affirm Sun Life’s dedication to creating a caring and inclusive company culture, attracting top talent, and fostering an environment where employees can thrive. The company’s commitment to its workforce is evident in its mission of helping clients achieve financial security and live healthier lives, making Sun Life a true leader in the industry.

Sun Life’s recent achievements in empowering advisors, promoting sustainability, making a difference in communities, and being recognized for its outstanding employer brand and HR leadership underscore the company’s commitment to excellence and social responsibility. With a focus on employee well-being, sustainable investing, community development, and exceptional leadership, Sun Life is shaping a brighter future for its stakeholders. Through its continued dedication and innovation, Sun Life is poised to make a lasting impact on the lives of Filipinos and beyond.

Details provided in recent press releases from Sun Life.

Rebooting your finances: How to restart your financial journey

Do you sometimes get the feeling that you’re in a financial rut? When you feel overwhelmed with bills and debts, or short on funds? Or when you worry about what you will leave behind for your kids?

It may be time for a financial reset.

In a recent leg of Sun Talks, Sun Life’s series of talks on financial wisdom, Cluster Head Valerie Lagarde-Amora and Financial Advisor Andrea de Guzman provided attendees with pertinent knowledge and stories on how to do just that.

During the session, I learned that taking control of your finances and embarking on a journey towards financial success can be quite a transformative step. Whether you’re starting from scratch or seeking to realign your financial goals, restarting your financial journey is possible at any stage of life.

Getting Ready

As the initial phase of the financial journey, this is the time to assess your current financial situation and lay a solid foundation for future success.

Take stock of your income, expenses, debt, and assets. This self-assessment will provide clarity on where you stand financially.
Set realistic financial goals. Whether it’s paying off debt, saving for a down payment, or creating an emergency fund, clear goals will serve as a roadmap for your journey.
Create a budget and track your spending. A budget helps you allocate your resources effectively and identify areas where you can cut back and save.
Build healthy habits. Now is also the time to establish patterns of behavior that will keep you fit and healthy for life such as a sustainable exercise routine and a balanced diet.

Moving Up

When you’re at this stage of progress and growth, you should strive to increase your income, build wealth, and improve your financial standing.

Enhance your earning potential. This is the time to go after opportunities for career advancement or consider pursuing additional education .
Develop a savings plan and establish an emergency fund. Having a financial safety net allows you to navigate unexpected expenses without derailing your progress.
Reduce debt and manage credit effectively. Prioritize paying off high-interest debts and explore options for consolidating or refinancing to ease your financial burden.
Explore investment options to grow your wealth. Consider diversifying your investment portfolio based on your risk tolerance and financial goals.

Planning Ahead

At this stage, you should focus on long-term financial security and retirement planning.

Evaluate your retirement goals. Think ahead on how you want spend your retirement years and consider savings options to sustain your lifestyle.
Assess insurance needs for protecting your assets and loved ones. Adequate life, health, and disability insurance coverage provides peace of mind and safeguards against unforeseen circumstances.
Engage in estate planning. Creating wills, establishing trusts, and designating beneficiaries ensure that your assets are distributed according to your wishes.

Review and adjust your investment portfolio to align with your long-term goals. Regularly assess your risk tolerance and make informed decisions based on market conditions and changes in your financial situation.

Leaving a Legacy

By focusing on preserving the value of your wealth that you have accumulated over the years and safeguarding your loved ones from costly estate taxes and fees, you can leave a lasting legacy that truly benefits future generations.

Create a comprehensive estate plan that maximizes the value of your assets. Working with estate planning professionals, such as lawyers or financial advisors, can help you navigate complex tax laws and ensure your assets are distributed efficiently.
Consider life insurance as a way to provide financial security for your beneficiaries. Life insurance policies can cover estate taxes, funeral expenses, and provide a financial cushion for your loved ones in your absence.
Regularly review and update your estate plan to reflect changes in your financial situation, family dynamics, or tax laws. By staying proactive, you can ensure that your legacy plan remains aligned with your goals and current circumstances.

The key is to restarting your financial journey is to take action and start today. Regardless of the stage you find yourself in, doing so will pave the way for a brighter financial future. Empower yourself with knowledge, stay committed to your goals, and adapt as circumstances change. Also, remember that seeking professional advice can provide invaluable support along the way.

The Sun Talks on “Restarting Your Financial Journey” has illustrated that undergoing a financial reset may not be easy, but the rewards are worth it. Embrace the opportunity to regain control, achieve financial success, and build a solid foundation for the future. Your financial journey starts now—make the decision to take that first step towards a brighter financial future.

Want to get started on journey towards a better financial future. Check out Sun Life’s life insurance products by consulting a Sun Life advisor or visiting its website.

Sun Life is a leading international financial services organization providing asset management, wealth, insurance and health solutions to individual and institutional Clients. Sun Life has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of December 31, 2022, Sun Life had total assets under management of CAD 1.33 trillion. For more information, please visit http://www.sunlife.com.

Seizing bright opportunities with Sun Life’s Sustainability-Driven VUL Fund

In a world where conscious investing is on the rise, Sun Life of Canada (Philippines), Inc. has unveiled an exciting opportunity for socially conscious investors. Introducing the Peso Global Sustainability Growth Fund, Sun Life’s first-ever sustainability-driven VUL (Variable Universal Life) equity fund. This fund aims to generate long-term capital appreciation by investing in global funds that prioritize Environmental, Social, and Governance (ESG) factors. With a focus on strong fundamentals and sustainable investing principles, this groundbreaking fund offers a chance to contribute to global sustainable progress while diversifying your assets.

A Bright Step Towards Global Sustainable Progress

“The Fund is perfect for those who want to diversify their assets while looking to contribute to global sustainable progress,” says Benedict Sison, CEO and Country Head of Sun Life Philippines. By embracing this investment opportunity, individuals can make a positive impact on the world while addressing their wealth accumulation and protection needs.

The Peso Global Sustainability Growth Fund is now available as a fund option with the following Sun Life PHP-denominated investment-linked insurance products: Sun FlexiLink, Sun FlexiLink1, Sun MaxiLink 100, Sun MaxiLink Prime, Sun MaxiLink Bright, and Sun MaxiLink One. This means that socially conscious investors can align their financial goals with their sustainability values, enabling them to diversify their assets while making a positive change in the world.

Sun Life’s Commitment to a Brighter and Sustainable Future

The launch of the Peso Global Sustainability Growth Fund is just one of the many ways Sun Life is actively contributing to building a brighter and more sustainable future for Filipinos. During Sun Life’s Financial Independence Month campaign launch, the company unveiled its comprehensive sustainability agenda, aligning itself with the United Nations Sustainability Goals.

Sun Life’s focus areas encompass a range of crucial aspects, including Increasing Financial Security, Fostering Healthier Lives, Advancing Sustainable Investing, Operating as a Trusted and Responsible Business, and Uplifting Communities. By incorporating sustainability into their strategy, operations, and culture, Sun Life is leading the way in sustainable finance and ensuring a better future for the next generations.

Explore the Possibilities

For those eager to explore the potential of the Peso Global Sustainability Growth Fund, Sun Life offers various avenues for information and guidance. Reach out to your Sun Life advisor, who will be more than happy to provide further details and assist you in making an informed decision. Alternatively, visit www.sunlife.co/TalkToAnAdvisor to connect with an advisor online.

To delve deeper into Sun Life’s sustainability journey and learn more about their commitment to a sustainable future, visit www.sunlife.co/SustainabilityPH. Here, you’ll discover the company’s extensive efforts and initiatives towards creating a better and more sustainable world.

Invest in Your Future, Invest in Sustainability

With Sun Life’s pioneering Peso Global Sustainability Growth Fund, you have the opportunity to invest in a brighter and more sustainable future. By diversifying your assets while aligning with your values, you can contribute to global progress and make a positive impact on the world. Join Sun Life on this exciting journey and be part of the sustainability revolution. Together, we can create a world where financial prosperity and sustainability go hand in hand.

Details provided in a recent press release.

Header image by Lifestylememory on Freepik

Sun Life unveils sustainability agenda with Financial Independence Month

In celebration of the Philippines’ independence this June, Sun Life of Canada (Philippines), Inc. has unveiled its sustainability agenda, reaffirming its commitment to helping Filipinos achieve financial freedom and brighter lives.

Sun Life’s Long-standing Commitment to Sustainability

For over 128 years, Sun Life has prioritized sustainability not only within its Philippine office but also as part of the global organization. Benedict Sison, CEO & Country Head of Sun Life Philippines, emphasized the company’s alignment with sustainability goals and its engagement in philanthropic and environmental initiatives. He stated, “As a life insurance and asset management business, we are naturally aligned with sustainability goals apart from pursuing philanthropic and environmental projects.”

Aligned with United Nations Sustainable Development Goals

Sun Life’s commitment to sustainability is demonstrated through initiatives that support the United Nations Sustainable Development Goals. The company focuses on areas where it can have the most positive social and environmental impact, including Increasing Financial Security, Fostering Healthier Lives, Advancing Sustainable Investing, Operating as a Trusted and Responsible Business, and Uplifting Communities. Sun Life’s sustained advocacy for these causes is showcased on their sustainability journey page, available at www.sunlife.co/SustainabilityPH.

Sison highlighted Sun Life’s dedication to creating a positive impact and empowering Filipinos to achieve financial security and healthier living for future generations. He said, “We aspire for our people and our solutions to make a difference in Filipino lives, empowering them to achieve financial security and healthier living for generations to come.”

Financial Independence Month: Empowering Filipinos

Continuing its mission to enhance financial security among Filipinos, Sun Life is once again celebrating June as Financial Independence Month. The company aims to empower individuals through relevant and engaging content that conveys the message, “Freedom starts with a choice. Kaya mo ‘yan!” (You can do it!)

Carla Gonzalez-Chong, Chief Client Experience and Marketing Officer of Sun Life, emphasized the significance of Financial Independence Month, stating, “Our rallying cry for this year shows our confidence in the Filipinos’ power to bring their goals to life.” She expressed Sun Life’s commitment to support individuals on their journey towards financial freedom and the vision of helping Filipinos achieve lifetime financial security.

Inspiring Short Films and Learning Modules

To inspire and motivate individuals, Sun Life has produced four short films created by its in-house team of young creatives. These films share heartwarming stories of Filipinos who made the choice to take control of their future and realize their goals:

“Sinag” by Mei Solis tells the story of a daughter struggling to connect with her Overseas Filipino mother until they discover a shared goal of being together for good.
“Kulay” by Casey Borja explores the world of a child on the autism spectrum who brings hope to his business-owner father during a crucial time.
“Ngayon at Bukas” by JC Manzano depicts the struggle of a son in search of his path, which unexpectedly leads him to his father’s humble barber shop.
“Para Sa Akin” by Bea Aguilera humorously portrays how a string of bad luck can ironically lead to finding a bright partner.

Starting from June 19, these films will be available on www.sunlife.co/KayaMoYan. Complementing the films, Sun Life is offering free learning modules for individuals seeking to build their financial portfolio. The message will be further amplified through content on Sun Life’s social platforms, including @SunLifePH on Facebook, Instagram, and TikTok.

Sustaining a More Sustainable Future

Sison affirmed Sun Life’s commitment as a partner in achieving a more sustainable future for Filipinos. He expressed appreciation for the progress made thus far and eagerly anticipated future milestones, with the goal of enabling more individuals to experience the freedom of living brighter.

Details provided in a recent press release.

Header image by Freepik

Sun Life’s D.E.A.L.: Empowering first-time insurance buyers with a new digital platform

As a new wave of college graduates prepares to enter the workforce, it is crucial to ensure they start building their financial portfolios on a solid foundation. Sun Life recognizes this need and is committed to promoting its digital life insurance products through GCash, the leading mobile wallet in the country.

The Importance of Insurance for Young Adults

Many young individuals overlook the significance of insurance when starting their financial journey. However, Sun Life emphasizes the benefits of securing insurance products at a young age. Not only does it help foster smart financial habits, but it also enables individuals to stay on track with their financial goals. Alex Narciso, President of Sun Life of Canada (Philippines), Inc., explains, “Our tie-up with GCash contributes to this goal because together, we can offer insurance that’s both affordable and accessible.”

Sun Life and GCash Collaboration

Through the partnership between Sun Life and GCash, first-time insurance buyers can experience the advantages of being insured without the burden of high premium costs. Sun Life’s “Digital, Easy, Affordable, Life insurance” (D.E.A.L.) products are available through GCash’s GLife and GInsure platforms.

Sun Life’s D.E.A.L. Insurance Products

The D.E.A.L. insurance products provided by Sun Life cater to different needs and include the following:

Life Armor. This life insurance product offers coverage to protect individuals and their loved ones in the event of unexpected circumstances.
Personal Accident Armor. Designed to provide financial support in the case of accidents, this insurance product ensures individuals have coverage for personal accidents and related expenses.
Byahero Protect. Aimed at travelers, this insurance product offers personal accident coverage along with hospital income benefits and burial benefits for accidents that occur during land travel.

Empowering the Younger Generation

Sun Life’s D.E.A.L. aims to help the younger generation invest in their financial preparedness for the future. The company firmly believes that the financial security of young individuals serves as a strong foundation for nation building among the Filipino people.

For those seeking affordable financial security, Sun Life’s D.E.A.L. insurance products provide an excellent solution. To explore and learn more about these products, visit Sun Life’s official website at https://www.sunlife.com.ph/en/insurance/digital-insurance/.

Header image by Freepik

Sun Life and Smart renew partnership to promote financial literacy among cooperatives

Sun Life Philippines (Sun Life), the country’s leading life insurance company for 12 consecutive years, has renewed its strategic partnership with Smart Communications, Inc. (Smart). The aim of this partnership is to enhance financial literacy among cooperatives affiliated with Smart.

Expanding the Program’s Coverage

The renewed partnership between Sun Life and Smart will broaden the program’s reach by conducting financial literacy trainings for cooperatives in various locations, including Benguet, Bulacan, Cavite, Cebu, Davao, Iloilo, and Metro Manila throughout the year. This expansion seeks to empower more cooperative members by providing them with essential knowledge about finance and its relevance to their industry.

Building on Previous Success

Sun Life and Smart are committed to surpassing the achievements of the program in 2022. Last year, the initiative successfully engaged and educated nearly 500 cooperative members on finance fundamentals. The partners aim to build on this momentum and continue empowering Filipinos to pursue their financial goals.

Advocating Financial Literacy

Sun Life has always been a strong advocate of financial literacy, recognizing its crucial role in leading individuals to a brighter life. With the renewal of the partnership with Smart, Sun Life President Alex Narciso believes they can further elevate their efforts and empower more Filipinos to achieve financial independence.

“Sun Life has always been a staunch advocate of financial literacy as we believe it plays a key role in achieving a brighter life. We are always looking for ways to elevate our efforts and help empower even more Filipinos to pursue their financial goals. I believe the renewal of our tie-up with Smart can help us do that,” Sun Life President Alex Narciso said.

Empowering Cooperatives through Financial Literacy

Cooperatives play a vital role in their respective communities and contribute significantly to the country’s economy. Recognizing their importance, Smart is committed to empowering these cooperatives through financial literacy and digitalization. By renewing its partnership with Sun Life, Smart reaffirms its commitment to supporting its partner cooperatives and providing them with relevant solutions.

“Given the key role that cooperatives play in their respective communities and in our country’s economy as a whole, it is important to empower them through financial literacy and digitalization. Through the renewal of this partnership with Sun Life, we are doubling down on our commitment to support our partner cooperatives and help provide them with relevant solutions,” FVP and Group Head of Smart Go-To Market and Subscriber Management Melvin Nubla said.

Joining Forces for Financial Empowerment

The collaboration between Sun Life and Smart represents a collective effort to promote financial literacy and empower Filipinos in their journey toward financial independence. As part of this endeavor, Sun Life encourages individuals to stay updated on the program and other initiatives by following @SunLifePH on social media platforms such as Facebook, Twitter, Instagram, and TikTok. To learn more about Sun Life and its products, visit its website at www.sunlife.com.ph.

Details provided in a recent press release.

#HealthIsWealth: How your physical well-being impacts your finances

In recent years, there has been a growing awareness of the importance of good health. As people have become more health-conscious, they have begun to recognize that taking care of their bodies can have a significant impact on their overall well-being. Along with this increased focus on health has come a greater understanding of the ways in which our health can impact other areas of our lives, including our personal finances.

Studies have shown that there is a strong link between good health and financial stability. For example, individuals who suffer from chronic illnesses may face high medical bills and a reduced ability to work, which can impact their income and savings. On the other hand, those who prioritize their health may be more productive at work, have lower healthcare costs, and enjoy a better quality of life overall.

Given the importance of good health to our financial well-being, it’s no surprise that many people are seeking ways to improve their health and wellness. From adopting healthier eating habits to incorporating regular exercise into their routines, individuals are taking steps to protect their health and their finances.

Let’s explore some of the ways in which your health can impact your personal finances, and reasons to stay healthy in order to maintain financial stability.

Medical expenses

One of the most obvious ways in which your health can impact your personal finances is through medical expenses. If you have a chronic illness or injury, you may have to spend a lot of money on medications, doctor visits, and other healthcare-related costs. Even if you’re generally healthy, unexpected medical emergencies can quickly add up, leading to a significant financial burden.

Lost income

If you become ill or injured and are unable to work, you may lose income, which can impact your ability to pay bills and save money. This is especially true if you don’t have paid sick leave or disability insurance through your employer. Even a short period of lost income can be difficult to manage, so it’s important to have a financial plan in place in case of illness or injury.

Productivity

Your health can also impact your productivity at work, which can have a direct impact on your income. If you’re frequently sick or fatigued, you may not be able to perform at your best, which could lead to missed opportunities for promotions, raises, or bonuses.

Lifestyle choices

The lifestyle choices you make can also impact your personal finances. If you eat a healthy diet, exercise regularly, and get enough sleep, you may be less likely to develop chronic illnesses that can lead to expensive medical bills. On the other hand, if you smoke, drink excessively, or engage in other risky behaviors, you may be more likely to experience health problems that can impact your finances.

Long-term planning.

Finally, your health can impact your ability to plan for the future. If you have a chronic illness, you may need to save more aggressively for retirement or plan for the possibility of long-term care. Additionally, if you’re in poor health, you may not be able to work as long as you had planned, which could impact your retirement savings.

It’s clear that your health and personal finances are closely intertwined. By taking care of your health and planning for the unexpected, you can ensure that you’re in the best position possible to manage your finances and achieve your financial goals.

Recently, Sun Life held a series of Sun Talks, the first of which dwelt on “Unlocking Your Health Goals.” This talk was designed to help attendees understand the importance of good health, and to offer practical advice on how to improve their physical and mental well-being.

One of the key takeaways from the Sun Talks was the importance of balancing mental, physical and social well-being in order to maintain financial health. Sun Life’s Affinity Partnership Manager Health & Accident Team Francesca Tolentino and Financial Advisor/Sales Manager Garett Maralit shared their personal experiences and financial health journeys to drive home important points and provide inspiration to their audience.

Another key theme of the Sun Talks was the importance of self-care. Many of us lead busy, stressful lives, and it can be difficult to find time for ourselves. However, taking care of ourselves is essential for our overall health and well-being. Getting enough sleep, taking time to relax and unwind to spending time with family and friends can help us stay physically and mentally healthy.

The Sun Talks also addressed the importance of financial planning for health-related expenses. Good health is closely linked to financial stability. By planning ahead for medical expenses and saving for unexpected health-related costs, individuals can protect themselves and their families from financial hardship in the event of illness or injury.

With the varying health needs and budgets of Filipinos in mind, Sun Life offers healthcare and life insurance packages to help you better cope with life’s emergencies:

SUN Fit & Well. Offers critical illness and life insurance benefits until age 100 with bonus disease prevention programs.
SUN Senior Care. Addresses the evolving life and health protection needs of seniors.
SUN Cancer Care. Enables you to live a healthier life and helps you to be financially prepared so you can be in control should cancer strike.
SUN LifeAssure. Provides protection benefit against any of the covered critical illness conditions.
SUN Healthier Life. Provides protection benefits to help you get through any stage of a critical illness.
SUN First Aid. Provides cash benefits so you can worry less about costly medical bills due to hospital confinement or surgery.
SUN Maiden and SUN Maiden Plus. Provide life insurance coverage to secure your loved ones future against life uncertainties and health protection benefits that can help cushion the financial impact caused by any of the covered female-specific illnesses and surgeries.
SUN ICU Protect. Enables you to live a healthier life as well as ensures your financial health is well-taken care of should any life-threatening conditions happen.

The Sun Talks on “Unlocking Your Health Goals” offered valuable insights and practical advice for individuals looking to improve their health and well-being. By taking small, achievable steps towards our health goals, practicing self-care, and planning ahead for health-related expenses, we can ensure that we’re taking care of both our bodies and our finances.

In line with its commitment to help Filipinos live healthier lives, Sun Life also launched GoWell Studio, an on-demand holistic wellness platform which houses top-notch content such as follow-along exercise programs, guided meditation sessions, various masterclasses, short courses, and healthcare awareness and education.

It also holds various health and wellness symposia in partnership with healthcare and pharmaceutical companies, as well as sports events, to spread information on the importance of health.

Those who wish to know more about Sun Life’s health and accident insurance products are encouraged to consult a Sun Life advisor or visit sunlife.com.ph.

Images by Lifestylememory on Freepik

Sun Life flexes dominance as #1 life insurer in the Philippines

Sun Life of Canada (Philippines), Inc. (Sun Life) once again flexes its dominance in the Philippine life insurance industry by ranking No. 1 in both the Total Premium Income and New Business categories.

According to a report posted by the Insurance Commission (IC) on its website, Sun Life landed on the top spot in terms of Total Premium Income, with earnings reaching more than 52.6 billion as of December 31, 2022. The top position for this category has been held by the company for 12 straight years, proving the stability and solid strength of the organization.

In parallel results, Sun Life also led in the New Business category by generating more than 9.7 billion worth of new business, eclipsing the figures of the nearest contender within the same period.

Alex Narciso, President, Sun Life of (Canada) Philippines, Inc — Sun Life President Alex Narciso

Benedict Sison, CEO & Country Head, Sun Life Philippines — Sun Life CEO and Country Head Benedict Sison

“More than anything, being No. 1 reflects the confidence of our clients who have chosen Sun Life to be their partner in securing their future. We thank them for the privilege,” says Sun Life President Alex Narciso. “Rest assured that we will continue to strive to be worthy of their trust.”

Meanwhile, Sun Life CEO and Country Head Benedict Sison lauded the company’s advisors and employees. “This accomplishment is the result of everyone’s concerted efforts, as we strive to bring our clients a delightful experience throughout their financial journey. This affirms that anchoring ourselves on our clients and our purpose to help them achieve lifetime financial security and live healthier lives will always lead us to great results, and we are inspired to do more,” he said.

Now on its 128^thyear, Sun Life pioneered life insurance in the Philippines and remains to be the longest-standing insurer in the country. The news about its No. 1 ranking comes on the heels of the announcement by the Trusted Brand Awards that Sun Life has once again earned the Platinum Award in both the Insurance and Investment Fund Company categories for 13 years in a row.

About Sun Life

Vietnam, Malaysia and Bermuda. As of December 31, 2022, Sun Life had total assets under management of CAD 1.33 trillion. For more information, please visit http://www.sunlife.com.  

Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF.

Details and images provided in a recent press release.