Sun Life Grepa Financial

Sun Life Grepa Financial, Inc. (Sun Life Grepa), a joint venture between Sun Life Philippines and the Yuchengco Group of Companies (YGC), presented simple yet innovative customer-centric financial solutions amid the pandemic during the recent virtual YGC Executive Forum entitled “Future Proofing 2021: YGC Businesses with a Vision”.

“Sun Life Grepa’s mission ‘to help every Filipino achieve lifetime financial security and live healthier lives’ has never changed. What has changed are the products and the avenues by which these financial solutions are received or availed. The accessibility, awareness, and availability of these solutions to our clients are what I refer to as the three A’s of life insurance,” said Sun Life Grepa President Richard S. Lim.

Lim said the company saw the increase of public awareness and appreciation for life insurance and health insurance. “In our recent studies made with Sun Life Asia, Sun Life Philippines, and RCBC, we saw that the need for health and protection has been highlighted as top 2 priority needs compared to before where it was only 3rd or 4th priorities. This is why we have launched a series of new health protection products catering to the different needs of our clients,” Lim added.

As a result, Sun Life Grepa recorded an 8% increase year on year in 2020 in total insured lives despite the COVID-19 crisis. The overall picture shows this increase covering a younger generation in lower premium sizes.

On top of this, income for the company’s health protection and life insurance products grew by 39% versus the same period in 2019, with the number of policies issued increasing by 93% in the same period.

Lim emphasized the biggest takeaway of the company in 2020 was the “need to be fluid and flexible in adapting to the people’s need in the so-called new normal and using advanced technologies to enable more human connection and interaction.”

Employees are any organization’s most important asset. They are the backbone to help businesses thrive. While a good salary can make employees stay in the company, employee retention goes beyond financial compensation and adding value like health and life insurance to their benefit package can help sustain and increase their productivity.

In line with the company’s mission of helping every Filipino achieve lifetime financial security and live healthier lives, Sun Life Grepa Financial, Inc. (Sun Life Grepa), a major life insurance company in the Philippines, is offering various employee healthcare benefit packages through its Sun Life Grepa Healthcare unit.

Sun Life Grepa Healthcare’s employee benefit program for different group sizes is designed to provide a holistic approach depending on where the business is currently at in their life cycle – whether it be a start-up, a growing business or an established enterprise. The main focus of this program is to help employers provide insurance with maximized benefits to its workforce to increase productivity and satisfaction, as well as build a foundation of trust between the employer and the employees.

“Employees who feel valued and appreciated by their company are more likely to perform well and even go beyond what is required of them,” says Peter Miranda, Vice President for Sun Life Grepa Healthcare. “By securing their health and wellness, it shows that you, as employer, are invested not only in what they can contribute for the company, but also in their future.”

“Through our program, we’re committed to being with our clients and their employees in every step of their wellness, protection, and recovery journey. This is especially timely in light of uncertainties brought about by the COVID-19 pandemic. Our team can assist in creating a life coverage and health benefit package that may help your company not just retain, but attract quality talents at a reasonable cost,” Miranda added.

Unlike regular group coverage, Sun Life Grepa Healthcare’s employee benefit program offers predetermined levels of life, accident, disability, and medical coverage that the company can customize depending on their employees’ needs. It addresses wellness needs by providing quality treatment through the inpatient and outpatient medical benefits with access to over 900 hospitals and clinics as well as over 17,000 doctors nationwide. This is reinforced with coverage in the company’s preferred hospital, clinic or doctor with out-of-network reimbursement as well as the 24/7 client care hotline. Meanwhile, its protection benefits offer life insurance coverage anytime, anywhere and against any cause of death (subject to company’s terms and conditions) while also providing disability and terminal illness benefits as well as accident insurance with medical reimbursement. It also has recovery benefits in place which provide guaranteed cash benefit in case an employee is diagnosed with any of the 36 most common critical illnesses allowing them to better manage the costs of getting treatment.

Be Hyped to Ignite Productivity (Be HIP) and make Sun Life Grepa your Health Insurance Partner (Get HIP) today. For inquiries about the Sun Life Grepa Healthcare Program, contact your Sun Life Grepa advisor, visit any Sun Life Grepa branch or email groupsales@sunlifegrepa.com.

There’s no question how the pandemic threw everyone for a loop which has left many in a state of financial insecurity and deep concern for their financial futures. With the end of the COVID-19 crisis still out of sight, the importance of life and health protection has become even more pronounced than ever.

Taking its services another mile, Sun Life Grepa Financial, Inc. (Sun Life Grepa) is making its “Simplified Issue Offer” (SIO) program available again to give them its clients the opportunity to boost their insurance coverage or avail insurance for the first time in a much faster and convenient way.

For a limited period, Sun Life Grepa is allowing new and existing clients to avail of its select life insurance plans under a simplified application process. Clients can apply up to 4-million insurance coverage while enjoying a fast, convenient and digitally-assisted application that does not require a medical examination, right at the comfort of their own homes.

“We’re bringing back the SIO program to help more clients avail of Sun Life Grepa products and help them stay financially protected especially now when they need it more than ever” said Richard S. Lim, President of Sun Life Grepa. “Whether you’re just starting your career or knocking on the door of your retirement, we have a life protection plan that bridges your budget and your needs that will prepare you for anything and help you pursue a brighter future”, continues Lim. “This is our commitment as our clients’ partner beyond a lifetime”, Lim concludes.

The SIO program is available until May 15, 2021, subject to program guidelines. For inquiries, contact your Sun Life Grepa Financial Advisor, call 88499633, email wecare@sunlifegrepa.com or visit www.sunlifegrepa.com for details

Sun Life Grepa Head of Marketing Gerry Tirona (3rd from left) conducted a donation handover to Chiqui Gonzales, co-founder of Hebreo Foundation (far left) and Piolo Pascual, Sun Life Ambassador and Hebreo Foundation founder (2nd from left) during the Sunpiology Virtual Race Awarding Ceremonies with show host Andrei Felix (far right) on February 12, 2021. This is to support Hebreo 12:1 Foundation in its fundraising efforts for the twin advocacies of health and education.

Sun Life Grepa Financial, Inc. (Sun Life Grepa) recently made charitable donations to various groups to help with nationwide efforts to address the effects of the pandemic.

The company gave food donations to over a thousand medical frontliners in fourteen (14) hospitals across the country. Sun Life Grepa also donated to the Philippine Red Cross in its efforts to aid COVID-19 patients under its care.

The donations further bolster the recent assistance initiatives of the company, which include offering the Remote Online Medical Exam for clients; giving payment extension periods to clients; opening a 24/7 contact center for group business clients; and offering of a hospital benefit product to those in need of it.

“At Sun Life Grepa, we are aware that we are in a position to help not only our clients but also people in our community who are trying their best to deal with the pandemic,” says Richard S. Lim, President of Sun Life Grepa. “With these donations, we hope to be part of the solution and we continue to find ways to be of value to our countrymen during this pandemic and beyond.”

To learn more about the company, visit www.sunlifegrepa.com.

With the unexpected onslaught of a worldwide pandemic, the importance of preparing for a financially secured future has never been more emphasized than now.

In encouraging people to keep focused on their financial journey, Sun Life Grepa Financial, Inc. (Sun Life Grepa), a major life insurance company in the Philippines, is introducing a new fund option for Filipinos who are ready to experience potentially higher returns from equity investment but are unsure if they can withstand the increased risk that goes with it.

This new fund called SLG Opportunity Tracker Fund is a peso-denominated variable universal life (VUL) fund option of the company’s Sun Grepa Power Builder peso products which provide guaranteed life insurance coverage.

As a balanced fund, the SLG Opportunity Tracker Fund provides a middle ground between equity and fixed income asset classes. However, what differentiates it from other balanced funds in the market is that it utilizes an indexing strategy by tracking the performance of the Philippine Stock Exchange Index (PSEi) and the portfolio duration of the Bloomberg Phil Sovereign Bond Index AI (BPHILR). Fund management is also completely systematic, because it follows a rules-based asset allocation approach that aims to manage risk and return. Moreover, the Fund is managed by Sun Life Grepa’s team of professional fund managers, who will ensure that the Fund will provide optimum returns consisting of current income and capital growth through investment in a mix of fixed-income and equity instruments.

“What we offer is an effective risk-management tool that will help Filipinos pursue opportunities even in times of market uncertainty, just like what we are experiencing now. Whether you’re a young professional eager to build your wealth, or an experienced investor who are looking for options to diversify your portfolio, you can indeed benefit from this Fund,” said Sun Life Grepa President Richard S. Lim. “The SLG Opportunity Tracker Fund allows you to experience potentially higher returns from equities along with the stability of a fixed income asset while managing volatility and risk through its systematic fund allocation approach and indexing strategy,” Lim concludes.

Learn more about the SLG Opportunity Tracker Fund and how it can help build a financially secured future for you by talking to a financial advisor or by visiting www.sunlifegrepa.com.ph.

With pandemic safety measures affecting daily life around the country, Sun Grepa Financial, Inc. (Sun Life Grepa) is offering useful health services in keeping with its commitment to serve clients at their time of need.

Clients applying for a new insurance policy or for a policy reinstatement can now undergo a medical exam in the comfort and safety of their home through the Remote Online Medical Exam (ROME) service. ROME, which is offered by Sun Life Grepa as part of the Sun Life Group of Companies,makes use of an approved online videoconferencing facility to connect clients with accredited medical examiners, who will perform online medical examinations for prospective clients. The first of its kind in the local industry, ROME eliminates the need for face-to-face exams . Interested clients may simply request the ROME service from their assigned Financial Advisor.

Sun Life Grepa also offers assistance to its group business clients who have urgent health needs requiring a hospital visit. Clients may call the Sun Life Grepa Group Marketing Operations 24/7 Contact Center to get real time information on the rapidly changing schedules of various health institutions across the country to know where and when they can be accommodated . To avail this service, clients simply need to call the hotline number at 888-SLGFI (754340) or through mobile numbers 0917-8459254 or 0998-5932754.

“We want to ensure that our clients have as much assistance as possible during this pandemic,” says Sun Life Grepa President Richard S. Lim. “Providing these options ensures that we are able to address their changing health needs at the most immediate time, possibly help save lives, and also assist them in their health journey towards a brighter and more secured future.”

For other inquiries, send an email to wecare@sunlifegrepa.com, visit www.sunlifegrepa.com or check the Sun Life Grepa official Facebook page.

With COVID-19 grinding economies to a halt, the loss of job or unintended premature retirement may actually catch one off-guard from the sudden loss of income due to work cessation. This leaves one in a dire financial situation. Apart from the loss of income in the present, the uncertainty of one’s financial future adds to the problem – including retirement goals.

While everyone wants to have a worry-free retirement and have fun ticking items off that bucket list, the current situation is a reminder that it’s always good to revisit financial plans every now and then to see if these still meet the goals they were created for.

Richard S. Lim, President of Sun Life Grepa Financial, Inc. (Sun Life Grepa), stated, “Despite the pandemic and today’s dynamic work environment where companies are rapidly adapting to changes, we strongly believe that a comfortable retirement is still possible. A key factor is careful preparation anchored on proper financial management concepts.”

Dealing with misconceptions

While there is wealth of information available these days, the challenge is sifting through these, choosing the best ones, and setting aside the misconceptions which may derail one’s goals.

This rings true in retirement planning. According to the article 12 Dangerous Retirement Myths that Turn Your Golden Years into Lead by Todd Tresidder on FinancialMentor.com, there are retirement myths that can kill your financial security.

For instance, the common misconception that saving for retirement can be delayed until much later. Most people fall into this trap thinking that they will earn more later on, and thus have a better capacity to save. However, procrastination may easily lead to failure to plan, much less save. It is important to prepare as early as possible.

Another common misconception is that expenditures will be lesser during retirement. In reality, they actually go up due to the various maintenance medicines that one may need in his golden years as he begins to feel the toll of aging. The main goal is to retire in comfort and sustain one’s needs, including medication.

Yet another misconception that many fall prey to is that retirement could only happen at age 65. The thing is, it can actually happen at a much earlier date. Indeed, sudden unemployment may happen anytime especially during a pandemic. However one’s future is a lot more reassuring if the necessary preparations have been made early on, even if forced into retirement sooner than intended.

Prepare today for a brighter tomorrow

The good news is, retirement planning is not rocket science. It can be done with ease, more so when you have experts and professionals guiding you. Partner with a strong and stable financial services company like Sun Life Grepa, which can offer advice, solutions, and services that can help clients in pursuing their financial roadmap to retirement, especially in times such as this.

“Our role is to help Filipinos identify their retirement goals and to provide them with sound financial planning advice in order to best achieve their dreams given this fast-changing world,” says Lim. “When giving advice, we cover every possible priority and objective of the client to help them identify areas for improvement and avoid common mistakes.”

Create your own retirement plan now and look forward to a brighter future. Connect with a Sun Life Grepa Financial Advisor by calling 88499633 or send us an email at wecare@sunlifegrepa.com. Feel free to visit our official website at www.sunlifegrepa.com or our official Facebook page.

Judy Ann Santos-Agoncillo’s strong partnership with husband Ryan Agoncillo is an inspiration to many, in and out of showbiz. The industry, known for its short-lived romances, does not have many couples with a strong marriage like the powerhouse couple.

“Ryan is my enabler. He is my strongest support system. He supports me like no one else can. I’m really blessed and grateful he is my lifetime partner,” Judy Ann shares. “When we got together, nag-tulungan talaga kami (we really helped each other). I taught him about show business when he started. He taught me to stand up for myself. He encouraged me to do many things I would not have done if not for him. Many of my achievements outside of showbiz, like writing a book, became a reality with his encouragement. That’s what partners are all about.”

Judy Ann shares more about their love story in Sun Life Grepa Financial, Inc.’s (Sun Life Grepa) campaign dubbed “Partner Beyond a Lifetime.” At the center of the campaign is a revelation (a video recording) which not only highlights their successful marriage, but also foregrounds on why Judy Ann puts a premium on the partnerships, such as the one she shares with Sun Life Grepa as the ambassador of its insurance business.

“I’ve been an insurance policyholder since I was 17 years old. Ganoon na katagal (It’s been that long),” Judy Ann quips. “I know that my line of work is very unstable. Puwedeng bukas may pelikula ka, pero sa susunod na taon hindi ka na kilala ng mga tao (I may have a movie today but be a ‘has been’ by tomorrow). That’s what I prepared for, kahit nung Mara Clara days pa (even at the height of Mara Clara), and that’s what I always say to the young ones now.”

The actress emphasized that securing a life insurance plan gives one confidence to face the future. “Don’t wait until you get married and grow old before getting a life insurance. The earlier you have it, the better” she stresses. “It is a gift you can give to yourself, and would benefit your family in the end. Moreover, having a life insurance actually teaches you to appreciate life more. Ultimately, it gives you peace of mind because you know that at the end of the day your life is insured.”

To watch Judy Ann’s “Partner Beyond a Lifetime” video and to know more about Sun Life Grepa’s products and services, visit Sun Life Grepa’s Youtube channel and Facebook page (@sunlifegrepa).

Information on critical illnesses, especially cancer, is more accessible now more than ever. However, the cost of treating these diseases remains impactful on one’s finances, doubled by the loss of income endured during the treatment and recovery period of the patient.

Sun Life Grepa Financial, Inc. (Sun Life Grepa) helps address the need for financial preparedness in the event of cancer diagnosis with Sun Grepa Cancer Care, a specialized health insurance plan that provides benefits in every stage of one’s health journey.

“Treating cancer is not only expensive but takes time. Time spent in the hospital translates into continued income loss for a sick breadwinner or becomes a savings loss for a sick non-breadwinner being cared for,” says Sun Life Grepa President Richard S. Lim. “We believe that having peace of mind through a reliable partner can help a family through this critical time.”

Sun Grepa Cancer Care provides the following features: access to a wellness program; a fixed cash benefit in case of a diagnosed cancer covered by the policy; and a separate one-time cash benefit in case the patient undergoes surgery for removing a benign tumor covered by the policy. Other product features include an additional monthly treatment support benefit upon approval of a major cancer claim and life insurance coverage equal to 100% of the original coverage, assuming no cancer benefit has been paid.

Policy premiums may be paid in 5, 10, 15, or 20-year periods. Payments can also be paid semi-annually, quarterly, or monthly. A special bonus may be provided at the end of the premium-paying period and annual dividend earnings afterwards. These may be received in cash or left with Sun Life Grepa to accumulate. In case of an emergency, a policy loan can be taken out from the plan’s cash value to support the immediate need.

Sun Grepa Cancer Care is one of Sun Life Grepa’s latest offerings in its more than 65 years in the Philippines. For inquiries about Sun Grepa Cancer Care, contact your Sun Life Grepa advisor, visit any Sun Life Grepa or your RCBC bank branch of account, call 8-849-9633/ 8-866-6880 or email wecare@sunlifegrepa.co