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.