According to the latest press release by the Philippine Statistics Authority (PSA), the current health expenditure (CHE) in 2022 had reached Php1.12 trillion. In healthcare terms, current health expenditure (CHE) is the total sum of money that a country spends to keep everyone healthy. It includes contributions from the government (PhilHealth), insurance companies (health insurance and HMOs), and what individuals […]
Read moreIn 2021, the Current Health Expenditure (CHE) in the Philippines rose to PHP 1.09 trillion, 18.5% higher than in 2020, based on the Philippine Statistics Authority (PSA). The CHE is the total amount spent by the government, HMO providers, insurance companies, and out-of-pocket (OOP) for health care. Ton SuanTon is an electronics engineer, financial blogger, insurance agent, and a certified […]
Read moreLatest Update: June 21, 2023 As a millennial, I never thought about life insurance. My mindset back then was different. I’m still young and healthy, so I don’t need it yet. Just like you, I’m living the now; millennials call it YOLO (You Only Live Once), and others call it “carpe diem” (seize the day). But whatever term we use, […]
Read moreLatest Update: January 8, 2022 Sun Maxilink Prime is a VUL plan from Sun Life, payable for at least ten (10) years. It has the combined benefits of life insurance protection and an investment component that helps your money grow over time. Making it the best-selling VUL plan of Sun Life. Ton SuanTon is an electronics engineer, financial blogger, insurance […]
Read moreIn 2019, the Current Health Expenditure (CHE) in the Philippines rose to Php792.6 billion, based on the Philippine Statistics Authority (PSA). In addition, CHE is the total amount spent by the government, HMO providers, insurance companies, and out-of-pocket (OOP) shouldered by Filipinos for health care. Ton SuanTon is an electronics engineer, financial blogger, insurance agent, and a certified investment solicitor. A multi-awarded […]
Read moreUpdated: May 19, 2021 In 2019, the Current Health Expenditure (CHE) in the Philippines rose to Php792.6 billion based to the Philippine Statistics Authority (PSA). CHE is the total amount spent by the government, HMO providers, insurance companies, and out-of-pocket (OOP) shouldered by Filipinos for health care. And 47.9% of which is from the individual pockets of Filipinos. As a […]
Read moreEvery parent wants to secure the future of their kids. It explains why I got tons of inquiries about building an educational fund for their kids. Though Sun Maxilink Prime can also be used to create the fund. But Sun Maxilink Bright seems more appropriate for this kind of goal. I will explain this in the latter part of the post. […]
Read moreSun Maxilink One and Sun Flexilink1 are single-pay VUL from Sun Life. It combines the benefits of life insurance protection and investment in one product without upfront premium charges. Thus, it accelerates the fund accumulation. Ton SuanTon is an electronics engineer, financial blogger, insurance agent, and a certified investment solicitor. A multi-awarded financial advisor with clients ranging from lawyers, doctors, […]
Read moreUPDATED: 12 June 2020 Congratulations! You are now a step closer to being financially free. As a Sun Life policy owner, you have to settle your insurance premiums to keep it in force and stay on track with your goals. You can do it by paying in any Sun Life Client Service Centers (CSCs) or let your financial advisor collect […]
Read moreUPDATED: April 30, 2021 The Insurance Commission (IC) has released the top 10 life insurance companies in the Philippines in 2019. But among the seven categories, only one of them is widely used. It is not just in the Philippines, but the entire life insurance industry in the world, and that’s “Premium Income.” Ton SuanTon is an electronics engineer, financial […]
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