Sun Life offers zero-interest rate

MANILA, Philippines - Sun Life of Canada (Philippines) Inc. is applying a zero-interest rate on all policy advances availed by affected residents of Super Typhoon Yolanda from Jan. 6 to March 31, 2014. The interest-free period is good for one year from the date the advance was processed. Among  the  areas  covered  are  Region  IV-A (Cardona, Rizal), Region IV-B (Palawan,  Oriental  Mindoro,  and  Occidental  Mindoro),  Region V (Albay,Catanduanes, Masbate, and Camarines Sur), Region VI (Capiz, Aklan, Antique, and  Iloilo),  Region  VII  (Cebu,  Bohol,  Negros Oriental, and Siquijor), Region  VIII  (Biliran, Leyte, Southern Leyte, Northern Samar, and Southern Samar),  and Region XIII (Dinagat Islands, Surigao del Sur, and Surigao del Norte).  The policy holder’s address  on  record  will  be the basis in processing  the  advance;  as such, those who were displaced by the typhoon may still avail of this offer. Earlier, Sun Life also  extended  the grace period for payments of renewal premiums; and,  through  its  financial  advisors,  took  steps  to get in touch with clients who reside in devastated areas. Those  who  wish  to  avail  of  the  interest-free  advance simply have to coordinate  with  their  financial  advisors. For more details, contact Sun Life at 555-8888.