In 1895, Sun Life Financial introduced life insurance in the Philippines. With prudence, resilience, and commitment, the company has survived two world wars and countless economic crises. This makes Sun Life Financial-Philippines (SLFP) not only the first but also the longest-standing life insurance company in the country.

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During World War II, SLFP suspended its business operations following the invasion of Japanese forces. However, it continued to run underground operations. Immediately after the war ended, the company paid out the equivalent of USD 1.2 million in death claims. Sun Life was the only insurance company who, based solely on trust and confidence, paid death claims even without documents attesting their validity.

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Today, Sun Life in the Philippines is a diversified financial services institution now offering: Life insurance managed and distributed by Sun Life of Canada (Philippines), Inc. (SLOCP) and its joint venture with the Yuchengco group of Sun Life Grepa Financial, Inc. (SLGFI); and Education and Retirement Plans administered by Sun Life Financial Plans, Inc. (SLFPI). The company is backed by over 1,000 employees; over 15,000 financial advisors; 71 new business offices; 45 inter-branch sales offices, and 77 client centers/financial stores nationwide. The company has over 4 million clients to date.

 

In 2018, SLOCPI ranked as the number one life insurance company in the country in terms of total premiums, amounting to over P37 Billion. This is the eight consecutive year that the company topped the industry in premium income.

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Find out more about Sun Life at www.sunlife.com.ph