Press release

December 27, 2021

Sun Life Extends Grace Period for Typhoon Odette-Hit Areas

In light of the most recent calamity due to Typhoon Odette, we are extending the grace period for clients who were affected by the typhoon's onslaught. Policy owners/plan holders residing in the following areas are covered by this extension:

MIMAROPA
Marinduque
Oriental Mindoro
Palawan
Romblon

Region V
Albay
Masbate

Region VI
Aklan
Antique
Capiz
Guimaras
Iloilo
Negros Occidental

Region VII
Bohol
Cebu
Siquijor
Negros Oriental

Region VIII
Eastern Samar
Leyte
Western Samar
Southern Leyte

Region IX
Zamboanga del Norte
Zamboanga del Sur

 

Region X
Bukidnon
Camiguin
Lanao del Norte
Misamis Occidental
Misamis Oriental

Region XI
Davao de Oro
Davao del Sur

CARAGA
Agusan del Norte
Agusan del Sur
Dinagat Island
Surigao del Norte
Surigao del Sur

 

This will cover policies/plans with due dates from November 16, 2021 to January 16, 2022.
Kindly see the table below for details of the extension:

  Standard Grace Period Additional Grace Period Extended Grace Period
Life policies 31 days 60 days 91 days
Pre-need plans 60 days 31 days 91 days
VUL 31 days 60 days 91 days

 

Traditional life insurance policies and pre-need plans covered by this notice will not lapse if premiums or installments are paid within the given grace period extension.

For VUL policies, the extension will take effect when the total fund has been depleted.

Residents of the aforementioned areas who will receive a payment reminder or a lapsed notice are advised to disregard those and instead refer to the extended grace period above.