SUN Smarter Life is a traditional whole life insurance product that primarily helps address your need for income protection and estate preservation.

RIDERS:

  • TOTAL DISABILITY BENEFIT
  • ACCIDENTAL DEATH BENEFIT
  • CRITICAL ILLNESS BENEFIT
  • HOSPITAL INCOME BENEFIT
  • LIVING BENEFIT

LIVING BENEFIT. Your policy earns dividends which you may choose to either increase your insurance coverage, pay for future premiums, leave with Sun Life to accumulate or receive in cash. Money also comes in handy via loan against the policy's cash value. Meanwhile, a portion of the Face Amount may also be advanced if the life insured is diagnosed to be terminally ill.

LIFE INSURANCE COVERAGE. Equivalent to 200% of the Face Amount, beginning on Day 1 or policy effective date until age 100. You may also enhance your benefits with the addition of riders or supplements which provide protection for contingencies such as accidental death and disability.


SAMPLE COMPUTATION for Sun Smarter Life

Age 31, Male, Non-smoker

Face Amount: PhP 500,000

Death Benefit: PhP 1,000,000

Riders:

  1. Total Disability Benefit  (Waiver of Premium)
  2. Critical Illness Benefit (PhP 2,000,000)
  3. Hospital Income Benefit (PhP 1,200/day)
  4. Living Benefit

Annual Premium: PhP 27,525.00

Quarterly Premium: PhP 7,569.38