Tag Archives: sun life

3 Things You Didn’t Know Life Insurance Can Do To Save You Money (And Your Family’s Lives!)

young pinoy millionaire 1200630

In today’s Young Pinoy Millionaire post, we’ll be talking about life insurance.

You advised a friend to “save for you and your children’s future” and she replied “but God is the future”.

How do you respond?

This was what Jeff of Piso and Beyond asked me when we had an interview. I smiled first before answering because I usually hear this statement from friends who do not yet fully understand the value of life insurance or investing early.

My answer? “I-push mo yan, ‘te.”

 

God is my protection. But we still have fire extinguishers in our house and I still carry a pepper spray when I travel. I still get life insurance because it’s God’s tool to take care of my loved ones even when I’m gone.

 

God is my provider. But we still earn money so we can buy food and care for our loved ones.

 

God is my savior. But I still go to the hospital and buy medicines when I get ill.

 

God is the future, but he’s blessing you and giving you talents so you can help predict it. God is the future, but you can’t tell him to line up and pay for your children’s tuition fee – He’s too busy for that.”

 

Let’s get 3 things straight:

1st, Life insurance isn’t supposed to make you poor. You’re only supposed to pay the amount that you can conveniently and realistically afford!

 

2nd, You get life insurance so that your dependents are still financially protected in case you’re gone. It’s not meant to insure your life (that’s impossible), it’s meant to replace your income in the event that you pass away and can’t provide for your dependents anymore.

 

3rd, There’s already a life insurance product that has an investment component. Gone are the days when life insurance is just about solving the problem of “dying too young”. Now, life insurance can also address the problem of “living too long” or investing for your retirement through the use of Variable Unit-Linked VUL life insurance. 
(READ MORE: A Beginner’s Guide to Variable Unit-Linked VUL life insurance)  
 
Keep in mind that in this blog post, we’re talking about the 3 things you didn’t know VUL life insurance can do.

 

We won’t be talking about term insurance, because this only has one goal: to protect your income so you can provide financial assistance to your family even when you’re gone.  

Here are three things you probably didn’t know you could do with your VUL life insurance: 

About Lianne Martha Maiquez Laroya

Hi! Thank you for dropping by and visiting YoungPinoyMillionaire.com. I am Lianne Laroya, Licensed Financial Advisor of Sun Life Financial. I'm authorized by the Insurance Commission to act as Insurance Agent and by the Securities and Exchange Commission to act as Investment Solicitor. You can call me at 0906 243 5059 (Phone/Viber) or email me at liannemarthamlaroya@gmail.com or email me at liannemartha.m.laroya@sunlife.com.ph My office is located at 12th Floor, Frabelle Building, 111 Rada St., Makati City. My inspiring network of clients include OFWs, doctors, entrepreneurs and young Pinoy professionals but I serve all members of the society. Most of my clients are based in Metro Manila but I also have clients from Laguna, Pampanga, Bulacan, Pangasinan and Cavite. Want to get FREE Sun Life proposal for yourself? Just click this and submit >>> If you want to open your own investment+income protection+savings account, life insurance, investment account, or you just want to ask something, you can contact Lianne via liannemartha.m.laroya@sunlife.com.ph or text/call her via 0906-243-5059 via mobile/Viber.

Sun Flexilink1 and Sun Maxilink One: Better Than Your Bank’s Time Deposit

sun flexilink1

Sun Flexilink1 has historically given better returns than your bank’s time deposit account. 

The same goes with Sun Maxilink One. 

Do you have your own bank’s time deposit right now? Yes? Okay, then.

Let me guess the rates that you’re enjoying - not more than 3% per year, right? 

sun flexilink1

Did you know that on average, our inflation rate is 4%?

This simply means that the prices of goods and services increase by 4% each year.

But your time deposit only gives you <2% a year to “increase” your money’s value.

You don’t need to be a genius in Math to realize that putting your money in a time deposit account actually doesn’t earn you any income. Whichever way you look at it, lugi ka pa. 

If you have money in the bank’s time deposit account, and you won’t even touch it for let’s say, two years or so, why don’t you transfer it to a high-earning investment such as Sun Flexilink1 instead?

Your money in a time deposit account can’t even beat the inflation rate of the country…

About Lianne Martha Maiquez Laroya

Hi! Thank you for dropping by and visiting YoungPinoyMillionaire.com. I am Lianne Laroya, Licensed Financial Advisor of Sun Life Financial. I'm authorized by the Insurance Commission to act as Insurance Agent and by the Securities and Exchange Commission to act as Investment Solicitor. You can call me at 0906 243 5059 (Phone/Viber) or email me at liannemarthamlaroya@gmail.com or email me at liannemartha.m.laroya@sunlife.com.ph My office is located at 12th Floor, Frabelle Building, 111 Rada St., Makati City. My inspiring network of clients include OFWs, doctors, entrepreneurs and young Pinoy professionals but I serve all members of the society. Most of my clients are based in Metro Manila but I also have clients from Laguna, Pampanga, Bulacan, Pangasinan and Cavite. Want to get FREE Sun Life proposal for yourself? Just click this and submit >>> If you want to open your own investment+income protection+savings account, life insurance, investment account, or you just want to ask something, you can contact Lianne via liannemartha.m.laroya@sunlife.com.ph or text/call her via 0906-243-5059 via mobile/Viber.

What is Sun Maxilink Prime? Life Insurance with Investment Plan

sun maxilink prime

Heard of Sun Life’s Sun Maxilink Prime before? 

Sun Maxilink Prime is Sun Life’s investment-linked life insurance plan which is the popular choice among Filipino OFWs, professionals and entrepreneurs. Personally, I am also a proud owner of a Sun Maxilink Prime policy which I availed of when I was still in my early 20s, simply because I strongly believe in the benefits that it can give you and your loved ones. 

Are you the breadwinner of your family right now?

YES: If you’re the breadwinner, you need sufficient amount of life insurance coverage. So when you pass away, you can still financially provide for your family because your family will receive a lump sum cash benefit. 

About Lianne Martha Maiquez Laroya

Hi! Thank you for dropping by and visiting YoungPinoyMillionaire.com. I am Lianne Laroya, Licensed Financial Advisor of Sun Life Financial. I'm authorized by the Insurance Commission to act as Insurance Agent and by the Securities and Exchange Commission to act as Investment Solicitor. You can call me at 0906 243 5059 (Phone/Viber) or email me at liannemarthamlaroya@gmail.com or email me at liannemartha.m.laroya@sunlife.com.ph My office is located at 12th Floor, Frabelle Building, 111 Rada St., Makati City. My inspiring network of clients include OFWs, doctors, entrepreneurs and young Pinoy professionals but I serve all members of the society. Most of my clients are based in Metro Manila but I also have clients from Laguna, Pampanga, Bulacan, Pangasinan and Cavite. Want to get FREE Sun Life proposal for yourself? Just click this and submit >>> If you want to open your own investment+income protection+savings account, life insurance, investment account, or you just want to ask something, you can contact Lianne via liannemartha.m.laroya@sunlife.com.ph or text/call her via 0906-243-5059 via mobile/Viber.

What is Sun Life’s Sun Flexilink Assist? It’s Health & Wealth Solution from Sun Life

Sun Life - Sun FlexiLink Assist

Sun Flexilink Assist – Sun Life’s newest VUL 

Did you know that out of 100 Filipinos who get hospitalized:

- 95% of them would sacrifice their savings, and,

- more than half of them would borrow from their relatives so they can pay their medical debts?

About Lianne Martha Maiquez Laroya

Hi! Thank you for dropping by and visiting YoungPinoyMillionaire.com. I am Lianne Laroya, Licensed Financial Advisor of Sun Life Financial. I'm authorized by the Insurance Commission to act as Insurance Agent and by the Securities and Exchange Commission to act as Investment Solicitor. You can call me at 0906 243 5059 (Phone/Viber) or email me at liannemarthamlaroya@gmail.com or email me at liannemartha.m.laroya@sunlife.com.ph My office is located at 12th Floor, Frabelle Building, 111 Rada St., Makati City. My inspiring network of clients include OFWs, doctors, entrepreneurs and young Pinoy professionals but I serve all members of the society. Most of my clients are based in Metro Manila but I also have clients from Laguna, Pampanga, Bulacan, Pangasinan and Cavite. Want to get FREE Sun Life proposal for yourself? Just click this and submit >>> If you want to open your own investment+income protection+savings account, life insurance, investment account, or you just want to ask something, you can contact Lianne via liannemartha.m.laroya@sunlife.com.ph or text/call her via 0906-243-5059 via mobile/Viber.