Tonik, the trailblazing digital bank in the Philippines, is thrilled to announce its newest strategic partnership with prominent life insurance company Sun Life Grepa Financial, Inc. (Sun Life Grepa). This transformative collaboration aims to enhance the financial well-being of the companies’ valued customers.

The focal point of this groundbreaking partnership is the introduction of Payhinga, an inclusive bundle service designed to offer customers financial security in the face of life’s uncertainties.

Payhinga, a credit life and disability insurance product, will complement Tonik’s existing loan offerings and will be readily available to customers applying for loans.

During the ceremonial signing of the memorandum of agreement between the two companies, Tonik Country President Long Pineda expressed her enthusiasm, stating, “The partnership with Sun Life Grepa will significantly expand our suite of products, and insurance is a highly sought-after addition our customers have been requesting.”

Payhinga will give customers access to life and disability insurance with coverage up to 120% of their loan amount, along with a two-month payment holiday where customers can push back their upcoming loan installments in case of financial strain.

Richard S. Lim, President of Sun Life Grepa, echoed this sentiment, saying, “The partnership with Tonik will enable us to reach a broader client base and fulfill our mission of delivering insurance protection to the underserved.”

In today’s ever-changing landscape, access to reliable and affordable banking, financial services, and insurance is essential. Financial institutions are tirelessly innovating to provide customers with enhanced services. The introduction of products like Payhinga represents a significant step forward, offering customers a two-in-one solution that combines loan access with comprehensive coverage in a convenient and cost-effective package.

In line with its purpose of enabling healthier lives, Sun Life Grepa Financial, Inc. (Sun Life Grepa), a major life insurance company in the country, conducted a medical and dental mission benefitting over 300 participants from Ahon sa Hirap, Inc. (ASHI) in San Jose, Antique. This marks the third time Sun Life Grepa has organized a medical mission for ASHI members, with the first one dedicated to mothers in Dasmarinas, Cavite, and the second time in Mauban, Quezon.  

During the activity, participants were able to receive essential medical services including free blood pressure checks, health consultations, tooth extraction, among others. In addition, they were also able to learn from wellness talks conducted by speakers from Sun Life Grepa.  

The medical mission was conducted in partnership with the A.Y. Foundation, the corporate social responsibility arm of the Yuchengco Group of Companies, which provided the medical and dental supplies used by the volunteer doctors and dentists. 

“This medical mission reinforces our commitment to support the underserved sector as part of enabling healthier lives and brighter futures,” said Sun Life Grepa Vice President for Group Marketing Operations Peter Miranda. “I salute the volunteers and the people for the compassion and dedication of our volunteer nurses, doctors and dentists and look forward to conducting more missions as we continue to make a difference in more Filipino lives.” 

Ahon sa Hirap, Inc. is a microfinance non-government organization that empowers marginalized women to lead healthy and productive lives.   

According to a business study by Capital One, forty-eight percent of small business owners claim to have experienced burnout in the past year. Most entrepreneurs struggle to devote time to their well-being. They work long hours and sit in front of a computer almost the entire day, making them more prone to fatigue and its health consequences.

Health is vital to entrepreneurs and the success of their business ventures. So, they must invest more time and effort into their physical and mental health. Dr. Jennifer “Ginny” Huliganga, Head of Group Medical Services for Sun Life Grepa, shares these health and fitness tips for busy entrepreneurs:

1.       Plan healthy meals.

Meal planning is often the last thing on business owners’ to-do list, but it should be a higher priority. “It’s non-negotiable,” she said. “Your body needs the proper fuel to keep moving and be productive.”

For entrepreneurs with packed schedules, meal prepping may be a good option. Prepare a few recipes during the weekend, then portion out the servings in microwavable containers for the entire week, ready to be reheated.

2.       Be creative with exercise.

Business owners who struggle to find time for exercise must be creative with it. They can multitask and do light exercises while still getting some work done. For example, some entrepreneurs, and even employees, buy a standing desk and a walking pad to get their steps in during their regular work hours.

3.       Don’t forget your vision.

“Eye health is something almost everyone takes for granted. But some entrepreneurs don’t realize how much burden long workhours puts on their eyes,” Huliganga said. Constant staring at phone or laptop screens damages the eyes and leads to headaches because of the pressure of the screen’s blue light on the eyes.

So, take short walks between screen time and not use a brightly lit screen in a dull environment, he advised. The room’s lighting must match the screen’s brightness to prevent straining the eyes.

4.       Breathe in, breathe out.

Stress management techniques such as yoga, meditation, and tai chi help diminish tension and anxiety. They promote mental clarity, enabling one to focus better and become more productive. These activities are also good for heart health as they help lower blood pressure, regulate breathing, and relax tense muscles.

5.       No man is an island.

Entrepreneurs cannot run a business by themselves; they need people who can help them turn their venture into a success. It’s important to know which tasks to delegate and to whom to ensure that no single aspect of the business is overlooked. Outsourcing services may also prove useful for owners struggling to or cannot afford to hire full-time staff.

Since the employees carry out business-critical tasks, entrepreneurs must ensure that their people are fit and healthy to perform well. Business owners must also invest in the health and well-being of their employees. They can do so by providing employee benefits like life insurance to their people.

This is why Sun Life Grepa designed three health protection plans under its MSME MyBiz program for small business owners looking to address their company’s and employees’ needs:

·         Sun Life Grepa Accident ProSafe is a packaged group insurance specifically designed for SMEs that offers comprehensive coverage against accidents.

·         Sun Life Grepa Smart Care Plus provides small business employees health and protection coverage against major uncertainties like death, disability, accidents, and critical illness.

·         Sun Life Grepa HIPSTER, or Health Insurance Plan for Small Enterprises, is an affordable insurance solution that provides life, accident, disability, and medical benefits for MSME employees.

“Employees are the lifeblood of every business, whether small or big. Investing in your employees’ health is equivalent to investing in your company’s success because it guarantees that your people can keep working on growing your business,” said Sun Life Grepa Vice President for Group Business Peter Miranda.

To know which Sun Life Grepa health protection plan suits your small business, contact a Sun Life Grepa advisor, visit any Sun Life Grepa branch, or visit Sun Life Grepa Healthcare’s Facebook page.

Sun Life Grepa Financial, Inc. (Sun Life Grepa), a major life insurer in the country, hosted a FinTech Biz Forum in cooperation with WIZ.AI, a leading Artificial General Intelligence (AGI) innovator in Southeast Asia, which was attended by guests from various respected financial institutions.

The Forum focused on exploring insurance protection application in credit partnerships while using AI solutions to provide more personalized consumer communication and customer service experience.

In today’s ever-evolving digital landscape, Sun Life Grepa recognizes the importance of adopting FinTech solutions to remain competitive in the industry. During the Forum, Sun Life Grepa presented its Employee Benefit and Credit Life Insurance programs that allow employers and credit institutions to secure the lives of their workforce and their debtors, respectively, thereby protecting the loved ones of these covered individuals from the financial impact of an untimely death.

WIZ.AI, on the other hand, presented how it is helping financial institutions to harness the power of AI in driving increased productivity, profitability, and customer satisfaction. WIZ.AI showcases prominent use cases such as lead conversion, debt collection, customer service and support in the financial services sector to improve operational efficiency and unlock better business outcomes.

“We’re grateful to work with Sun Life Grepa in making value-driven business solutions accessible across various industry sectors,” said KC Leung, WIZ.AI Country Manager for Philippines. “Together, we look forward to empowering leading and emerging enterprises with the transformative capabilities of AI, ensuring unparalleled business efficiency and smarter future.”

Sun Life Grepa, through its Healthcare division, also offers MSMEs other insurance coverage products that include Accident ProSafe, Smart Care Plus, and HIPSTER. To learn more visit www.sunlifegrepa.com, send an email to groupsales@sunlifegrepa.com or visit Sun Life Grepa Healthcare’s Facebook page (@SunLifeGrepaHealthcare).

A series of studies on the affluent market in Asia and the Philippines show a common finding on the financial priorities of affluent people. Their goals focus mostly on growing and accumulating wealth as well as securing it in order to maintain lifestyles, enjoy a comfortable future retirement, and have enough wealth for their children.

To help such individuals in the Philippines achieve their financial goals, Sun Life Grepa Financial, Inc. (Sun Life Grepa), a major life insurer in the country, is proud to announce the much-awaited comeback of Sun Grepa Peso Asset Builder now backed with new assets to address the evolving needs of their clients.

Sun Grepa Peso Asset Builder (Hybrid Income) is a peso-denominated, investment-linked life insurance product that provides protection for seven years and allows policyholders to potentially grow their money through global investment opportunities.

With a minimum one-time payment of P500,000, clients can enjoy fixed annual income payouts for six years and get back at least the full single premium at the end of the seven-year holding period. The product also offers a hassle-free application through the company’s guaranteed insurability offer, subject to the limits of Sun Life Grepa. This means that clients will not be required to undergo medical exam.

Sun Life Grepa Financial, Inc. (Sun Life Grepa), one of the major insurers in the country, recently launched its latest campaign, “We Get You, We Got You. Gets Ka Namin, Sagot Ka Namin.”

Rolled out through four videos featuring relatable characters and situations, the new campaign speaks directly to the distinct segments of the Sun Life Grepa market — from entrepreneurs and OFWs, to blue-collar workers and high-net-worth individuals. Through the campaign, the insurance firm not only acknowledges each of their financial and future-proofing concerns, but also address the constant search for answers to their questions — whether through friendly video calls or face-to-face meetups. Like a trusted friend, Sun Life Grepa advisors provide them with suggestions, solutions, and a vast suite of life insurance products — be it for their health, their business, their retirement, or their family needs. 

With the assertion of “we get you, gets ka namin”, Sun Life Grepa reaffirms its brand purpose of providing lifetime financial security and healthier lives to Filipinos, while empathizing with their everyday situations and moments.

“This campaign encapsulates our commitment to being more than just an insurance provider – we aspire to be a partner beyond one’s lifetime, understanding your needs and ensuring that we are there for clients every step of the way,” said Richard S. Lim, President of Sun Life Grepa. “Because we understand the uncertainties that surround our clients, we continue to design services and solutions that offer not just financial protection but a sense of security and trust. The campaign isn’t just a slogan – it’s a reflection of our company values and our promise to put our clients first. We’re excited to reassure them that, together, we’ve got this.”

To learn more, talk to a Sun Life Grepa financial advisor or visit https://www.sunlifegrepa.com/we-get-you-we-got-you/.

Check out the latest campaign films here: https://www.facebook.com/sunlifegrepa

Sun Life Grepa Financial, Inc. (Sun Life Grepa), a major insurer in the country, has partnered with ExpressPay Inc., the leader in payment services franchising, with the objective of making insurance simpler and more accessible to the underinsured population in the Philippines.

Affordable Sun Life Grepa insurance plans will be made available across ExpressPay branches nationwide.

“We are honored that Express Pay entrusted the life insurance plans of their clients to Sun Life Grepa,” Sun Life Grepa Vice President and Head of Affinity Marketing Joen M. Songco said. “Both companies are positive that this partnership will reinforce our commitment to close the significant life insurance protection gap in the country.”

Sun Life Grepa President Richard S. Lim confirms the sentiment. “We believe that financial protection knows no bounds. This partnership helps break down barriers and empowers people with the protection they need. It truly supports our mission of providing lifetime financial security to Filipinos.”

“Financial inclusion has always been one of our key priorities,” ExpressPay President Anson T. Uy said. “As we continue to innovate, ExpressPay recognizes the need to provide its clients value-added service that will enable them to be ready for uncertainties and create a more financially secure future for their families.”

The agreement was signed by Sun Life Grepa executives Richard S. Lim, President, and Joen Songco, Vice President for Affinity Marketing, together with ExpressPay Inc. President Anson T. Uy and Business Development Head Helena Respicio.

Formed in 2011, ExpressPay is a member of Safesoft Solutions, Inc. a leading provider of information technology solutions in the Philippines while Sun Life Grepa is a joint venture between Sun Life Philippines and the Yuchengco Group of Companies.

Sun Life Grepa Financial, Inc. (Sun Life Grepa), a major life insurance company in the country, recently launched its first sustainability-driven VUL equity fund, the SLG Peso Global Sustainability Growth Fund. 

The Fund aims to generate long-term capital appreciation by investing in global funds that are focused on Environmental, Social, and Governance (ESG) factors. It aims to deliver this long-term value through strong fundamentals and sustainable investing principles.

“We are always innovating financial solutions for the different needs and preferences of our clients,” said Sun Life Grepa president Richard S. Lim. “In the recent years, we’ve observed that clients are inclined to support companies with values that align with theirs, especially those who would like to make a positive impact to the world. Through this new fund, our clients can diversify their Peso assets among offshore funds that actively integrate ESG investing principles while still addressing their wealth accumulation and protection needs.”

The SLG Peso Global Sustainability Growth Fund can be availed as a fund option with the following Sun Life Grepa PHP-denominated investment-linked insurance products: Sun Grepa Power Builder 1, Sun Grepa Power Builder 5, Sun Grepa Power Builder 10, and Sun Grepa Power Builder 100 which provides life insurance protection until age 88 or 100, depending on the product chosen.

The launch of the Fund is just one of the many ways Sun Life Grepa is contributing to build a brighter and more sustainable future for Filipinos.

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 

After its successful first run earlier this year, RCBC Diskartech is once again giving shopping vouchers to all new and existing RCBC DiskarTech Mobile App (DiskarTech) users who will avail of Sun Life Grepa life insurance products through the app.  The promo encourages more Filipinos to avail of life protection packages that are easy to maintain and manage in order to achieve peace of mind with financial security for themselves and their family.

RCBC Diskartech will provide vouchers worth up to P100 to app users who will avail of Sun Life Grepa products My Income Protect Plus, My Scholar Plus, or My Personal Life Shield in annual payment mode. 

To enjoy the reward, clients simply have to register to the Diskartech app, choose the insurance plan they want, enroll through the Diskartech App, and receive the electronic Certificate of Cover.

Depending on the life insurance product, policyholders are covered for accidental death, permanent disability and dismemberment with medical reimbursement, and life insurance protection with price premium prices ranging from only Php36 to Php 108 per month. This is available from June up to September 2023.

RCBC Diskartech is the first “Taglish” super inclusion mobile app that encourages users to manage their finances online. It can be downloaded through the Google Play Store and App Store. App users can open basic deposit accounts through DiskarTech in less than three minutes with no required maintaining balance, and users can also earn interest of 6.5 percent in terms of their savings.

Sun Life Grepa and RCBC are both members of the Yuchengco Group of Companies (YGC). Sun Life Grepa is a joint venture of YGC and Sun Life Philippines while RCBC is a leading financial services provider in the Philippines offering a wide range of banking and financial products and services.

Follow the Diskartech Facebook page for more information.