Clarinne Joyce Miguel, Licensed Financial Advisor of Sun Life Philippines

Noted po. Kaya kumuha na kayo ng health insurancr niyo 🥰

Unahan mo yung problema! #lifecoach #edlapiz #lifelessons #LifeHacks #positivethinking #newtrend #motivation #enjoyeverymoment #enjoylife #videoviral #PtrEdLapiz #fblifestyle

Looking for your first insurance? Have you explored yung plan with critical illness coverage? 🤔 No matter what stage in life you’re in, para sa akin sobrang halaga na matibay yung health protection mo. This way, we can protect lahat ng pinaghihirapan natin at binibuild na assets. Sabi nga nila, a family is one critical illness away from poverty. Kung nakaka-relate ka dito, then Sun Fit and Well could be your next insurance! ☀️ Actually, this was my first Sun Life plan too! And here are 5 reasons I love it ✨ — For more information on Sun Fit and Well, send me a message or talk to your Sun Life Advisor today. 👩‍💻 Talk with The Savvy Pinay: calendly.com/thesavvypinay/insurance #SunLifeAdvisorForLife #SunLifePH

PARENTS SHOULD GET INSURED FIRST, NOT THEIR CHILDREN.

Some parents buy life insurance for their kids (like a VUL or endowment plan) but don’t have life insurance for themselves.

At first glance, it may seem like “securing their future,” but in reality, it reverses the correct purpose of insurance.

⚠️ The Risk

When the parent (the breadwinner) is uninsured but the child is, the real financial risk remains unprotected.

If the parent — the source of income — passes away or becomes critically ill:
• The family’s income stops.
• The child’s policy cannot continue because premiums won’t be affordable anymore.
• The child’s future needs (education, daily living, etc.) become jeopardized.
• The insurance on the child does nothing to replace lost income or sustain the household.

In short: The one who provides is unprotected, while the one who depends is insured — but for what?

🚫 Why It’s Wrong (Ethically and Financially)

1. Insurance is protection, not investment.
Insuring a child for “future returns” misunderstands the core purpose — which is income protection against loss of life or earning ability.

2. It gives false security.
Parents feel they’ve “secured” their child, but in reality, they’ve left the family financially exposed.

3. It distorts priorities.
The order should always be:
Parent → Spouse → Children,
because the protection must start with those whose lives others depend on.

4. It’s often marketed wrongly.
Some agents highlight “savings for the child” without explaining that the parent should be the insured, not just the payer.

✅ The Right Way

Before getting policies for children, ensure the parents are adequately insured first.

A properly structured plan protects the breadwinner so that no matter what happens, the children’s needs — education, food, home — continue to be met.

Health concerns are one of the leading reasons why people go bankrupt. 🏥💸 Even if you’ve saved for emergencies, isang malalang health issue lang, ubos agad ang ipon. That’s why getting insurance early can make a huge difference. Some people have the resources to pay for emergencies right away. But for those who don’t, insurance provides crucial financial support that can save you from huge expenses. If your budget is tight but you want to be protected, consider getting an ordinary life insurance — one that covers life and health only, with no investment features. Mas mura ito, and it still gives you protection from unexpected situations. ✅ Secure yourself while you’re still healthy. Your future self will thank you.

This is what 130 years of Solidarity and Greatness sounds like 💛 Thank you, Sarah Geronimo, for lighting up 130 years of Sun Life with that golden voice ☀️ #SunLifeACKO2025 #SunLifePartnerForLife #SunLifeBrighterTogether

130years partner for LiFE 🥰

J. Em Reads Part 1 Does it still have to pay until retirement even though SSS has already paid? 👀 #redditstories #financetalks #retirementplanning #JemAngQnA #jemang