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Secure Income After Retirement with Sun Life Grepa

Secure Income After Retirement with Sun Life Grepa

Many Filipinos often rely on mandatory company retirement payouts or government-sponsored retirement systems like SSS or GSIS. However, as life expectancy increases and the need for financial security during one’s golden years grows, preparing for retirement has become more critical than ever.

Also read: Sun Life responds to help typhoon victims in the Philippines

To address this, Sun Life Grepa Financial, Inc. (Sun Life Grepa), a leading life insurer in the country, has introduced Sun Grepa Secure Income, designed to help individuals achieve a financially stable and worry-free retirement.

“Sun Grepa Secure Income is our solution to the growing concern among retirees about outliving their savings. It allows clients to enjoy a comfortable, independent retirement,” said Sun Life Grepa President Richard S. Lim.

“By offering both protection and a lifetime income stream, Sun Grepa Secure Income enables Filipinos to look forward to a retirement that is not only secure but also financially rewarding,” Lim added.

Guaranteed Annual Cash Benefits for Lifetime Financial Security

The plan guarantees a stream of income through annual cash benefits. Starting at the end of the 6th policy year, policyholders will receive an annual cash benefit equal to 6% of the Face Amount, continuing until age 100. This feature ensures retirees have a steady, reliable source of funds to meet their needs throughout their lifetime.

Centenarian Bonus and Enhanced Life Insurance Coverage for Added Protection

Moreover, Sun Grepa Secure Income includes a Centenarian Bonus, which allows clients to receive a portion of their life insurance benefit in advance. This bonus, equal to 25% of the Face Amount, is available on policy anniversaries when they reach ages 80, 85, 90, and 95.

Additionally, the plan provides life insurance coverage equal to 200% of the Face Amount, minus the Centenarian Bonus, from the first day of coverage until age 100. This ensures peace of mind, knowing that loved ones are protected.

For more information and to explore this offering, speak to a Sun Life Grepa Financial Advisor, visit your RCBC Branch of Account or go to  www.sunlifegrepa.com  to know more.

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