Sun LifeAssure (Critical Illness Insurance) - Your Financial Protection Against Heart Attack, Cancer, Kidney Failure and more

People work hard for their families and to be able to save regularly in order to achieve life goals. But no matter what we do and wish for good health still, uncontrollable event such as illness can happen. 

According to National Statistics Office (NSO), the top 3 leading causes of death in the Philippines are due to Critical Illness – heart diseases, stroke and cancer.

Remember my post about "Why Plan for Critical Illness"? Read it HERE.

What would happen if a Critical Illness hits you today? Do you want majority of your savings and investment will be used in paying hospital expenses and medicines?

Medical expenses are a leading cause of personal bankruptcy.


photo: source
LIST OF CRITICAL ILLNESSES
1. Heart Attack
2. Stroke
3. Cancer
4. Kidney Failure
5. Dissecting Aortic Aneurysm
6. End Stage Lung Disease
7. Progressive Muscular Atrophy
8. Major Burns
9. Multiple Sclerosis
10. Paralysis
11. Total Blindness
12. Loss of Limbs
13. Aplastic Anaemia
14. Bacterial Meningitis
15. Benign Brain Tumour
16. Deafness
17. Encephalitis
18. Amyotrophic Lateral Sclerosis (ALS)
19. Progressive Bulbar Palsy (PBP)
20. Meningeal Tuberculosis
21. Cerebral Metastasis
22. Loss of Speech
23. Coma
24. Parkinson’s Disease
25. Terminal Illness
26. Medullary Cystic Disease
27. Alzheimer’s Disease
28. Fulminant Hepatitis
29. Major Head Trauma
30. End Stage Liver Failure
31. Motor Neurone Disease
32. Guillain-Barre Syndrome

LIST OF CRITICAL ILLNESSES REQUIRING SURGERY

33. Major Organ Transplant
34. Coronary Artery Bypass Surgery
35. Surgery for Disease of the Aorta (Aortic Surgery)
36. Replacement of Heart Valve

Protect Your Finances against Critical Illness with Sun LifeAssure


What is it?

Sun LifeAssure is a five-year renewable term plan that pays the face amount either upon death of the life insured or if life insured is diagnosed, while living, to have any of the 36 specified critical illnesses and, where applicable, has undergone any specified surgeries before the insured attains age 70.





Aside from VUL (Insurance with Investment) and term plans that I have, I also get Sun LifeAssure because if I am diagnosed today with any of the 36 critical illness (wag naman sana), Sun Life will give me Php500k for my medical treatment and hospitalization expenses provided I will submit all the necessary documents like doctor’s certificate and documents from the hospital.

What if I can’t file the documents myself due to paralysis? I can ask someone to do that, a duly appointed guardian to file and receive the benefit amount on my behalf.

How much is the cost?

If a 30 year old male, non-smoker wants to have a benefit amount of Php500K, he will pay Php5,140/annually or Php2,724/semi-annually.

If a 30 year old female, non-smoker wants to have a benefit amount of Php500K, she will pay Php5,070/annually or Php2,687.10/semi-annually.

The sample rate includes additional riders such as: 
        Accidental Death benefit - amounting to Php500K, if the cause of death is accident
        Total Disability benefit - waiver of premium

NOTE: The minimum coverage is Php500K and maximum coverage is Php4 Million. Premium increases every five years and renewable every year. It doesn't have any cash or fund value.




How to file a claim with Sun Life?  

Here are the Basic Claim Requirements:

1) Claimant's Statement
2) Attending Physician's Statement
3) Authorization (form may be secured from Claims Services Department of Sun Life of Canada (Phils.), Inc.
4) Admitting History or its equivalent inclusive of other hospital records containing patient's past medical history
5) Discharge Summary or its equivalent

If critical illness is caused by an accident or violence
Police Report
Medico-Legal Report

Additional Claim Requirements (submit requirements appropriate to your health condition). Click this LINK. If you already have a Sun Life plan with Critical Illness benefit, the same requirements apply. 




Request for a FREE Sun LifeAssure Proposal NOW.


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If you would like to ask for an appointment and you need assistance in opening an account for your Mutual Funds, Savings and Investment Plan, Retirement Plan, Education Plan, Health Insurance and Life Insurance in Metro Manila, Philippines or you have inquiries. You may contact Jacqui through the following:


          Mobile Number:  0916-438-5451 / 0933-201-4898 
          Email address: jacquinoynay@gmail.com
          Skype: jacquinoynay
          Twitter: @jacquinoynay


Just a request, please bring a pen and calculator :)

This is absolutely FREE of charge. - See more at: http://www.styleyourfinance.com/p/got-questions.html#sthash.a7DCiSL5.dpuf

Do you need Financial Planning consultation? This is absolutely free of charge and no obligation. You may contact Jacqui, who will journey with you towards a secured financial future, through the following:

Mobile numbers/viber: 0933-2014898 (sun) / 0916-4385451 (globe)
Email address: jacquinoynay@gmail.com / jacquinoynay@styleyourfinance.com
Twitter: @jacquinoynay 

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