Sun Fit and Well Review: A Complete Guide to Perks and Benefits

Sun Fit and Well

Sun Fit and Well is the most comprehensive health insurance from Sun Life. It covers 114 critical illnesses until age 100. Also, it gives guaranteed cash benefits and earns dividends while protecting you from financial struggles that you might face when you become critically ill.

READ: Sun Fit and Well | A New Generation Wellness Plan

Do you know why most patients die from a critical illness?

If you think of it, we are now more advanced in terms of medical breakthroughs, but why?

But sadly, everything comes with a price that most of us cannot afford. So, in reality, it doesn’t matter how advanced medical treatment can get if you cannot afford it, right?

That is when Sun Life decided to offer a comprehensive health plan. Something that can help you access the treatment you need, once you get hit by a critical illness.

10 Reasons Why You Should a Get Sun Fit and Well Plan

Why get a Sun Fit and Well health insurance plan

I know you are a responsible person. That is to say, you don’t want to burden your family with medical expenses. Now, I’ll be sharing with you several reasons why you must inquire to me and get a Sun Fit and Well plan.

So here are the 10 reasons why you must get a Sun Fit and Well plan.

1. Pre-emptive Wellness Benefit

Sun Life’s mission is to provide lifetime financial security and heathier lives to its clients. As a result, it created the GoWell community wherein members can have access to different health and wellness events, activities, and workouts.

GoWell

You’ll automatically become a gold member once you avail of this plan. And these are the benefits you can enjoy.

  1. Gold card- you will receive a personalized membership card to be delivered by your advisor.
  2. Health and wellness content in gowell.com.ph
  3. Enjoy community workouts with other GoWell members and Financial Advisors.
  4. Fitness Classes: Get up to 20 FREE group classes per month in any partner gyms.
  5. Perks and Privileges: Get discounts and freebies from partner establishments.
  6. Rewards: Earn points from joining events and reading articles from the GoWell website and get a fitness watch, mug, etc.

2. Guaranteed Limited Pay

Sun Fit and Well is a limited pay plan, which means you will not be required to pay after the paying period. So in this plan, you have a more flexible option of paying it in 10, 15, or 20 years.

READ: Sun Maxilink Prime | The Best-Selling VUL Plan of Sun Life

3. Life Insurance

Sun Fit and Well provides life insurance coverage equal to the face amount less minor claims if there are any. It is something that your family can use to continue the dreams you have made together when you are gone.

reason why you get life insurance

4. Comprehensive Critical Illness Benefit

It covers 114 kinds of critical illnesses around which gives you comprehensive coverage. So you can focus more on your healing than thinking of how you’ll be able to get the treatments you need.

There are two kinds of critical illness claim you can get from this plan.

Minor Critical Illness Benefit
When diagnosed with a minor critical illness, you will receive 20% of the face amount once. You can claim this benefit to a maximum of 3 claims, and it should be from different critical illness categories. However, the 3rd claim is only 10% of the face amount.

Major Critical Illness Benefit
You will get 100% of the face amount if you are diagnosed or get treated with any major critical illness.

5. Treatment and Rehabilitation Benefit

Sun Fit and Well provides hospitalization benefits to supplement the amount you will get from being critically ill.

sun fit and well hospital income benefit

Hospital Income Benefit: you will receive 0.125% of Face Amount per day if hospitalized because of a critical illness. If confined in an ICU, this amount will double.

Post Hospitalization Benefit: you will get a fixed amount of Php 5,000 after hospital discharge that you can use for a follow-up checkup.

Home Recovery Benefit: You will get 50% of your hospital income benefit after being discharged. It is something that can help you while recovering from a critical illness in your home.

6. Palliative Care

You may advance the 10% of your face amount if you get diagnosed with a critical illness with a life expectancy of 6 months or less. Thus, you may use this amount to manage the pain associated with your illness.

7. Specific Cancer Booster

If you get any specific cancer listed below, you will get an additional 50% on major critical illness claim, hospital income benefit, post-hospital benefit, home recovery benefit, and palliative care.

8. Guaranteed Cash Benefits

Sun Fit and Well also accumulates guaranteed cash value that you can lean on when there is a great need. Unlike VUL plans, it will not suffer from stock market crashes, just like what we are experiencing with the COVID-19 pandemic. You can loan from your policy with a lower interest than banks.

9. Earn Dividends

Sun Fit and Well is a whole life participating plan. It means that your plan is eligible to earn dividends, which is usually given every year. It is a non-guaranteed benefit that you can get or leave in Sun Life to earn interest.

10. Endowment Benefit

At age 65, you will get an annual endowment benefit equal to 5% of the face amount for the next 8 years. Just like your dividends, you may also leave it in Sun Life to earn interest.

Sun Fit and Well Advantage 10 Proposal

The best way to understand this plan is by a sample proposal. So now, I’ll be showing you a quotation for Sun Fit and Well Advantage 10 that I created for myself.

Sun Fit and Well Sample Proposal

Federico Suan, Jr. | 25 yrs old | Male | Non-smoker

Annual Premium: Php 52,860
Semi-Annual: Php 28,015.80
Quarterly: Php 14,536.50

The life insurance coverage is Php 1 Million for the Php52,860 annual premium. If you’ll notice, the premium becomes slightly expensive when you decide to pay it semi-annually or quarterly instead of annual mode. It is normal in all traditional life insurances, and we call the added price as the modal factor.

Thus, you can save more money if you pay it annually. By how much? You can save as much as 10% to 12% compared to paying it quarterly or monthly, respectively.

Health Insurance Benefits of Sun Fit and Well

Here are the health insurance benefits I can get from the plan.

Major Critical Illness Benefit

I will get Php 1 Million if I get diagnosed with any of the 64 major critical illnesses. I can use this amount to get the treatment I need so I can recover faster.

It is also the amount that my family will get if I die for whatever reasons.

In my case, if I die early, it will give me peace of mind that my younger sister can continue schooling, and my grandmother can still buy her medication.

Total Disability Benefit (TDB)

Total Disability Benefit Sun Fit and Well

Sun Life will waive my future payments once I get disabled due to an accident within the paying period of 10 years. It means that I don’t have to pay for the plan and still enjoy its benefits.

Accidental Death Benefit (ADB)

If I die due to an accident, my beneficiaries will get the additional Php 1 Million on top of the life insurance coverage. Thus, my beneficiaries will get Php 2 Million

Minor Critical Illness Benefit

I can get Php 200,000 once I become diagnosed with a minor critical illness. Also, I can claim up to 3 times, but the 3rd claim will only be Php 100,000.

Specific Cancer Booster

I will get Php 500,000 if I get diagnosed with any of the 16 major cancer conditions. Aside from it, I will also receive an additional 50% of hospital income benefit, post-hospital benefit, home recovery benefit, and palliative care.

Hospital Income Benefit

The amount I will receive is Php 1,250 per day if I get confined due to a critical illness. I can claim up to 90 days of confinement per group of critical illness and only up to 4 groups.

If confined in ICU, I will get a double amount of Php 2,500 per day.

READ: Top 10 Life Insurance Companies in the Philippines

Post Hospitalization Benefit

I will receive Php 5,000 following the hospital discharge. In this case, I can use this amount for a follow-up checkup.

Home Recovery Benefit

I will get Php 625 per day following the hospital discharge. It is computed based on the number of days confined in a hospital.

So, for example, I’m confined for 30 days, then I will get Php 37,500 as my hospital income benefit, Php 5,000 for my post-hospitalization benefit, and Php Php18,750 for my home recovery benefit.

Palliative Care Benefit

I’ll get Php 100,000 if I become terminally ill with a life expectancy of 6 months or less. I can use this amount for my palliative care or in providing me relief from pain and stress caused by the illness.

Cash Savings of Sun Fit and Well

You might be thinking, what if I don’t get ill? What are the benefits that I can enjoy from this plan?

So here are benefits I can get even if I did not get a critical illness.

Special Paid-up Bonus

After 10 years, I will receive Php 27,709 that I can get or leave in Sun Life to accumulate interest.

Guaranteed Savings and Dividends

When I turn 60 years old, I will have a total of Php 563,700 Guaranteed Savings. My policy may also accumulate dividends of around Php 268,778 at age 65.

Endowment Benefit

I’ll also get a yearly Endowment benefit of Php 50,000 starting at age 65 until age 72. It may not be a large sum, right? But who wouldn’t be happy to receive something during retirement?

I’m sure I’ll be happy when the time comes 🙂

Request a Sun Fit and Well Proposal

Just fill out the form to request a proposal and set an appointment with me. I know that you are a responsible person who wants the best for the future of your family, right? So don’t hesitate and take action NOW!

Quick Summary

What is Sun Fit and Well?

Sun Fit and Well is a participating whole life plan that offers comprehensive life and health protection. It addresses the needs of Filipinos for medical treatment due to the leading causes of deaths like cancer, stroke, heart attack, etc.

What are the variants of Sun Fit and Well?

Sun Fit and Well have 3 variants, and these are Sun Fit and Well, Sun Fit and Well Plus, and Sun Fit and Well Advantage.

How long is the paying period of Sun Fit and Well?

You may pay it in 10, 15, or 20 years.

What are the Critical Illnesses Covered of Sun Fit and Well?

Sun Fit and Well covers a total of 114 critical illnesses. It includes 64 major critical illnesses, 34 minor critical illnesses, and 16 specific critical illnesses.

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4 comments… add one
  • Adam Private Link Reply

    Hi Sir Federico. I have a friend that wants to get this plan sun fit & well. But he is HIV+. Can he still be able to apply and get approved in this plan?

    • Hi Adam. Well, I cannot say if he will be approved but the good thing is we can apply. The underwriters will have to assess if your friend is in a somewhat controlled condition. If he is then he might get approved. If you like I can assist you with this. Just send an email to me and we’ll talk from there. Thanks 🙂

  • Alexis Link Reply

    I just read all of your post and you deserve more than just an appreciation comment. Your blog is the blog I would like to read over and over. A blog I would share to my friends. A blog I would subscribe to it and hit the notification bell for more updates. Looking forward to more posts like this. Thank you

    • Federico Suan, Jr. Link Reply

      Thank you very much 🙂

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