Sun Life Grepa seeks to create millennial millionaires

In a bid to help young Filipinos, become more financially prepared, Sun Life Grepa Financial Inc. (Sun Life Grepa) recently introduced a program meant to help them prepare for a prosperous million peso future goal without hindering their present priorities.

Dubbed the ‘Millennial Now, Millionaire Later’ program, young millennial Filipinos just starting out can choose from three different program tracks — Normal Track, Fast Track, and Safe Track — to help build funds starting from as low as Php 100 a day depending on how much they are willing to save or how fast they want to achieve their million peso goal.

Each program track provides life insurance benefits starting from day one so that millennials are ready for life’s uncertainties that may come their way.

With millennials so focused on the YOLO or You Only Live Once mindset, this program gives them a chance to balance their outlook with ways to build a bright future.

“Millennials have the advantage of time. They have more years to save money and more chances to maximize their earning potential. The best time for millennials to start saving for their million-peso goal is now,” said Richard Lim, President of Sun Life Grepa.

“We want millennials to know that they do not have to worry about the future for as long as they understand their intended timetable on achieving these goals. If they know the age they want to achieve each goal and how much should they save for that goal, they will be able to achieve prosperity in their future,” he added. "With this program, we want to be able to transform the mindset of millennials from YOLO to YOLI or Young Owner of Life Insurance."