Press release

January 17, 2019

Sun Life teams up with Raquel Pawnshop to offer affordable insurance

In photo (from left to right) are SLOCPI President Alex Narciso, Sun Life Financial Philippines CEO & Country Head Benedict Sison, Raquel Pawnshop President and CEO Raquelita Rafa, and Raquel Pawnshop Vice President for Operations Ronaldo Raquel. 

In its bid to make life insurance more accessible to more Filipinos, Sun Life of Canada (Philippines), Inc. (SLOCPI) has teamed up with Raquel Pawnshop, a financial services institution offering a variety of services such as pawning, remittance, bills payment, and money transfer.

Under the tie-up, qualified members of Raquel Pawnshop’s loyalty program will soon have access to affordable insurance from Sun Life. The two companies are likewise working together to advocate financial literacy, where it recently held learning sessions and distributed piggy banks in select public schools in Lucena and Tayabas in Quezon.


 About Sun Life Financial

Sun Life Financial is a leading international financial services organization providing insurance, wealth and asset management solutions to individual and corporate Clients. Sun Life Financial has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of September 30, 2018, Sun Life Financial had total assets under management of $984 billion. For more information, please visit

Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF.

Note to editors: All figures in Canadian dollars