To help Filipinos build a financial legacy for the real treasures of their life, Sun Life Grepa Financial, Inc. (Sun Life Grepa), a major life insurance company in the country, has launched Sun Grepa Legacy, a life insurance product with a savings component that offers lifetime protection and lifetime guaranteed payouts.
Sun Grepa Legacy provides life insurance protection equal to 125% of the total payments until age 100, which acts as a safety net to protect their income and family’s future. It also offers lifetime guaranteed cash benefits equal to 2.15% or 2.25% of the total premiums paid, which will be given annually, beginning a year after the end of the payment term up until maturity. These cash benefits may be accumulated to earn additional interest in order to serve as a cash pamana to their children when they become of legal age. Other living benefits include the guaranteed cash value which may be used during financial emergencies via a policy loan and the non-guaranteed dividend earnings. Clients may choose to accumulate the cash benefits and dividends or opt to receive them as they become due.
“More than just leaving a monetary inheritance for our loved ones, many of us desire to leave a rich legacy that we will be remembered for a long time,” Sun Life Grepa President Richard S. Lim said. “This new offering from Sun Life Grepa not only protects your family financially but also allows you to build your legacy for the next generations.”
Moreover, with Sun Grepa Legacy plan, clients have the option to pay in full, or in two or five easy annual installments. A portion of the plan’s Face Amount may also be availed in advance should the client be diagnosed to be terminally ill.
Start building a legacy that lasts beyond lifetimes with Sun Grepa Legacy.