Pre-need Plans

Company Background

Sun Life Financial Plans, Inc. is a subsidiary of Sun Life
of Canada (Philippines), Inc. Borne out of the groups
desire to be of greater service to the Filipino people, it
answers the growing demand for flexible pre-need
products.

Incorporated in 2001, SLFPI offers innovative products
that benefits its customers. SLFI also maintains capital
and trust fund positions in excess of SEC requirements
in order for them to meet its obligation to its policy
holders in the Philippines.
Educational Plans
Red Toga and Gold Toga Educational Plan

Increasing plan benefits
A 20% increase of the Education benefit is guaranteed
every year to cushion the rise in tuition costs
Tailor-fit to your needs
Plans are available in 4, 5 and 7 year courses
Flexible payment terms
payment periods ranges from 5, 7, 10, 15 to 20 years

Educational Plans
Red Toga and Gold Toga Educational Plan

Protection in times of uncertainty
Credit Life and Credit disability are available to continue
your payments in case of death or disability.
Convenience and Adaptability
Benefits are paid in cash directly to you as the plan
holder, making you fee to choose when to use it.
Transferability
The plan is transferable. In case something happens to
the Scholar, you can grant your Plan to another child.
Sun Classic and Sun Elite Pension
Plan
Benefits and Features

Affordable Plan Benefits.
The Pension Benefit per unit is P10,000.
Flexible Payment Terms.
You may choose to pay only once or stretch your paying
period to 5, 7, 10, 15 and 20 years.
Protection in times of uncertainty
Credit Life and Credit disability are available to continue
your payments in case of death or disability.
Sun Pension Plus Plan
Benefits and Features

Affordable Plan Benefits.
The Pension Benefit per unit is P10,000.
Flexible Payment Terms.
You may choose to pay only once or stretch your paying
period to 5, 7, 10, 15 and 20 years.
Protection in times of uncertainty
Credit Life and Credit disability are available to continue
your payments in case of death or disability.

Sun Pension Plus Plan
Benefits and Features

Dividends
On top of your retirement fund, you may also get
dividends. You can choose to receive this in cash,
accumulate this at interest and withdraw whenever you
wish, or apply it as payment for your installments.
Sun Ka Pa Product Series
Sun Kaganapan
Addresses event-funding needs for those special events in our
lives.
Sun Kabuhayan
This is perfect for the aspiring entrepreneur who is willing to
acquire the discipline to set aside a business starter fund.
Sun Lakbay
This is perfect for the would-be travelr who wants to see the
world by way of a fund that is independent of their savings.
Sun Pensionado
This is for those who desire to retire in style and be
independent in their golden years.

Optional Riders
Group Yearly Renewable Term (GYRT)
Provides the plan holder insurance coverage to be paid
in case of death.
Accidental Death & Dismemberment (AD&D)
Provides benefits to the plan holder in case of death or
dismemberment due to an accident.
Personal Accident Protection (PAP)
Provides the Plan holder insurance coverage to be paid
in case of death due to accident. This also comes with a
comprehensive Accidental Dismemberment and
Disability coverage.

Optional Riders
Medical Reimbursement (MR)
Provides the Scholar insurance coverage to be paid in case of
his death due to accident. This also comes with a
comprehensive Accidental Dismemberment and Disability
coverage for the Scholar. This is available only for Sun Life
Education plan holders.
Family Accident Protection (FAP)
Provides Accidental Death and Dismemberment insurance
which extends coverage to Plan holder's dependents such as
spouse, dependent children and dependent parents. This also
includes Medical Reimbursement coverage.

Conclusion
Since the investment strategy for pre-need plans targets high-
yield, high risk instruments and/or long term illiquid assets such
as real estate, it poses a higher risk to policy holders than
similar instruments such as life insurance.

Simply put, pre-need plans are less liquid so proper
management of assets and investments must be properly
observed such as considering the countrys economy to
avoid liquidity and solvency issues.

Actuaries should also take into consideration future changes
in local and global business and economic conditions to
avoid loses such as to what happened to College Assurance
Plan (CAP).