With the It’s Time Advocacy, Sun Life Financial hopes to create better awareness among Filipinos regarding the need and benefits of having an insurance plan.

There are only about 11 – 14% of Filipinos who are insured. And this already includes those insured by SSS and GSIS. 90% of Filipinos retire with little or no savings at all.

Recognizing the need to have more Filipinos insured, Sun Life Financial is offering a new insurance policy product that caters to Filipinos who have regular wages and would like to have a life insurance policy.

Sun StartUp costs as low as PhP384 per month for a minimum coverage of PhP200,000. It has a coverage of 10 years. The earlier you sign up for it, the lower it will cost you. And this policy does not require you to undergo tests and fill up voluminous forms.

You can also include and pay for add-on benefits such as coverage for accidents.

Sun StartUp also gives you options to pay monthly, quarterly, and so forth so those with staggered or irregular earnings can also avail of this policy. I think this is a policy that bloggers or online professionals like me can avail of.

And if you outlive the coverage of 10 years, it has a money back feature which means you get back a portion of what you have paid for.

If you are in Davao City, you can visit the Sun Life Financial office at the Ground Floor of Plaza de Luisa Building, R. Magsaysay Street, Davao City. Here is a list of other Sun Life Financial offices around the Philippines: LINK.

Photos courtesy of Andrew dela Serna.