Sun Life adds new dollar-linked product

MANILA, Philippines - Dollar investors seek one thing: better returns regardless of instrument. Now, financial institutions offer more choices to diversify wealth based on risk appetite and purposive needs of clients. Some put their funds in traditional instruments, while others play in the global market and seek higher returns on their investments.

For those who want to conquer the world of investing, Sun Life of Canada (Philippines), Inc. (SLOCPI) offers the Sun MaxiLink Dollar One. This is the dollar version of one of SLOCPI’s best sellers, Sun MaxiLink One, launched in 2011. 

Sun MaxiLink Dollar One is a single premium, dollar-denominated investment-linked life insurance product that may allow one to maximize the earnings of his dollar by investing into potentially high-yielding global funds.

An advantage among related products in the market, Sun MaxiLink Dollar One has no premium charges. Thus, a minimum single premium of $10,000 is invested in full, resulting in possibly faster accumulation of fund value. Moreover, the product’s life insurance coverage is equivalent to at least 125 percent of the single premium, up to age 88.

“Sun MaxiLink Dollar One is a smart alternative that may provide higher earning potential for your dollars, compared to other traditional dollar investment instruments which might depreciate over time because of inflation.  As a life insurance product, you can be assured of securing your loved ones’ future aside from making your dollars grow,” Mylene Lopa SLOCPI chief marketing officer, said.

Policyholders who keep their Sun MaxiLink Dollar One policy active for at least 10 years may also enjoy a loyalty bonus currently equivalent to two percent of the policy’s average fund value for the past five years. The loyalty bonus, if any, is given at the end of the 10th year and every five years thereafter as long as the policy is in force.

“Sun MaxiLink Dollar One is designed for dollar investors who wish to benefit from long-term investment while protecting their families through life insurance,” Lopa said.

Interested customers may also enjoy hassle-free application and policy approval through the guaranteed insurability offer, subject to certain limits of the company.  

SLOPCI pioneered life insurance in the Philippines in 1895.

Today, SLOCPI is one of the largest and most trusted life insurers in the country with over a million group and individual life policyholders and is boosted by the strength and stability of Sun Life Financial shares in the Philippine Stock Exchange.

The company is currently backed by over 900 employees and over 4,000 financial advisors, 37 branches, 30 interbranch sales offices and five financial stores nationwide. It ranked number one in total premiums in 2012 as reported by the Insurance Commission.