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: June 21, 2023 Today, I’ll be sharing a comprehensive review of Sun Maxilink Prime. It is one of the best-selling life insurance and investment plan from Sun Life. However, even if you know, or have talked with an agent, it may not be enough to convince you. So you might be asking yourself, “Is this the best plan for […]
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 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 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 […]
Read moreBuy term invest the difference, or BTID is now making rounds on the social media platforms. Many financial experts, as they call themselves, endorse the idea of doing the strategy with a promise of higher returns. But can it keep its promise? Often these so-called experts will only highlight the good and neglect the bad when trying to win your […]
Read moreDo you know what? I want you to be insured. That’s true and this is not because I’m affiliated with an insurance company. I’ll be honest, it opened the doors for me to deeply appreciate the value of life insurance. The sole reason is that I came from a household that the breadwinner, my father nor mother, is not insured. […]
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