Sun Life Grepa launches affordable insurance plan with money-back guarantee for working Filipinos

Sun Life Grepa Financial, Inc. (Sun Life Grepa), one of the country’s leading life insurance providers, has introduced Sun Grepa Cashback Protect, a new life insurance plan designed to help Filipino employees and professionals secure their financial future without straining their budget. This new offering, which combines protection and a money-back guarantee, reinforces the company’s commitment to helping Filipinos achieve lifetime financial security.

Depending on chosen variant, Sun Grepa Cashback Protect offers life insurance coverage of up to 20 times the annual premium*, with monthly plans starting as low as ₱2,500, making it accessible to more Filipinos. The plan is especially suitable for those with limited income who may find traditional insurance products financially out of reach.

In addition, policyholders can look forward to guaranteed money-back benefits, receiving at least 100% of their total annual premiums paid* at the end of the 20-year coverage period, making this plan a smart and secure financial decision. Additionally, Sun Grepa CashBack Protect may be availed without the need for any medical exam, offering a hassle-free and convenient application process.

Understanding the diverse financial realities of Filipino workers is central to the plan’s design. Despite growing awareness and interest in insurance, affordability remains a key barrier for many.

“With Sun Grepa Cashback Protect, we’re providing Filipinos with a practical, budget-friendly way to protect what matters most while helping them develop the habit of disciplined savings at the same time,” said Richard S. Lim, President of Sun Life Grepa. “This plan responds directly to the needs of hardworking individuals who want to secure their future but are often constrained by cost. We want them to start building their future today with affordable protection that rewards them.”

The plan also offers flexible payment terms, allowing policyholders to pay premiums over 5 or 10 years, with the option to choose from annual, semi-annual, quarterly, or monthly payment modes. In case of emergencies, policyholders can access their guaranteed cash value through a policy loan. Moreover, if diagnosed with a terminal illness, a portion of the coverage amount may be claimed in advance. This provides critical financial support during difficult times.

Sun Grepa Cashback Protect is part of Sun Life Grepa’s broader mission to reach the underserved middle-income families and offer financial solutions tailored to their real-life needs. Whether you’re just starting your career, supporting a growing family, or planning ahead, this plan can serve as a reliable financial foundation.

“Financial protection and long-term savings should never be a luxury,” Lim added. “Through this plan, we’re making meaningful financial solutions more accessible to every Filipino so they can live brighter, more secure lives.”