A fund manager offers tip on how to maximize dollar assets as central banks around the world begin to cut interest rates. With interest rates decreasing at a steady pace, guaranteed returns are also expected to go down in parallel.
JJ Book, new market development head of Sun Life of Canada (Philippines) Inc., encourages capitalizing on financial products that can help maximize yields. “One such product is Sun Dollar Maximizer (ProIncome),” Book said.
A limited-time offer product, Sun Dollar Maximizer (ProIncome) is a single-pay, US dollar-denominated VUL plan that provides insurance coverage equal to at least 125 percent of the single premium, and linked to a structured investment that matures after 7 years.
It offers fixed annual income payouts of 3.5 percent for 7 consecutive years and gives back 100 percent of the single premium at maturity, he said.
“This product offers a unique combination of stable returns and security,” Book said.
“With the Sun Dollar Maximizer [ProIncome], you can enjoy potential growth of your wealth, even as interest rates decline. This, while also ensuring your loved ones’ financial well-being with the life insurance component,” he said.
Sun Dollar Maximizer (ProIncome) can be availed of via a hassle-free application and policy approval through Sun Life’s Guaranteed Insurability Offer, subject to terms and conditions.
The product is available until November 18, 2024 only or until the total allocation has been sold out, whichever comes earlier.
To learn more about the Sun Dollar Maximizer (ProIncome), visit http://sunlife.co/sundollarmaxpro or talk to a Sun Life Advisor today.
