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Sun Acceler8: Reach Your Financial Goals the Soonest!

Sun Acceler8 is an endowment type of insurance that offers both protection and savings. The premium for this plan is payable for only 8 years. The life insurance coverage is for 20 years and the amount starts at 100% of the face amount. It increases up to 228% of the Face […]

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Sun Maxilink 100 : Lifetime Insurance Protection

Sun Maxilink 100 is Sun Life’s newest Variable Universal Life (VUL) insurance plan which provide coverage up to age 100. Definitely, protection throughout one’s lifetime! Since it is investment-linked, portion of your premiums goes to investment in VUL mutual funds and this can also help you build a fund for your long-term goals such as retirement, education for kids, business, travel, etc.

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Are Life Insurance Proceeds Taxable?

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Life insurance proceeds such as death benefit are guaranteed lump sums of money paid to beneficiaries and are typically tax-free. However, there are some circumstances when they’re subject to tax, such as when the beneficiaries are declared as revocable. Life insurance is one of the foundations of a stable financial plan. It is […]

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9 Financial Resolutions to Consider in New Year

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A new year is always a good time to start to make a difference in our lives. Most people feel hopeful and motivated to have the best year ever, I know you are too! This is also an excellent time for people to set resolutions to change an undesired trait […]

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13 Wise Ways to Spend Your 13th Month Bonus

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Have you received your 13th month pay yet? If you are employed, you’re most likely entitled to receive your 13th month bonus on or before December 24th as this is mandated by Philippine government. Most Filipinos are so excited to receive this pay (I am too!) as well as the Christmas bonus, because […]

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