RECOGNIZING how Filipinos who suffered the wrath of Typhoon Yolanda need further assistance to recover from the devastation, Sun Life of Canada (Philippines) Inc. is applying a zero-interest rate on all policy advances availed by affected residents from January 6 to March 31.
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 shall be the basis in processing the advance; as such, those who were displaced by the typhoon may still avail of this offer.
This is just one of the many initiatives that Sun Life has offered to those who were affected by the strongest typhoon to hit land. Earlier, the company 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.
“Sun Life wishes to be of help to the Filipinos so that they’ll know that a brighter life is still in sight. We understand that it may take a while before they can recover, and they need all the support they can get,” Sun Life Chief Administration Officer Karenina Casas explained.
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.
Sun Life Financial is represented in the Philippines by its life insurance arm, Sun Life of Canada (Philippines), Inc. (SLOCPI); its mutual fund manager, Sun Life Asset Management Company Inc. (SLAMCI); and its pre-need company, Sun Life Financial Plans Inc (SLFPI).