An alternative savings vehicle that potentially provides higher annual returns compared to traditional bank accounts.
As a business owner, you need to have a contingency fund to help you manage your cash flow especially during these uncertain times. Better if it comes with lifetime insurance coverage.
Why SMEs need an emergency fund
According to a study conducted by the Asian Development Bank, 44% of microenterprises had no cash or savings during the lockdowns. A large number had to borrow funds from close relatives. Most MSMEs had difficulty raising even a small amount of working capital (Php50,000).
Here’s why you need an emergency fund for your business:
1. You can continue your operations during tough and uncertain times.
2. You don’t need to borrow funds or rely on loans with interest.
3. You can keep your personal and business funds intact.
Our Solution
Emergency Fund + Lifetime Protection
SUN Smarter Life Classic
- Double Insurance Coverage
- Lifetime Protection
- Guaranteed Cash Value & Dividend Earnings
Benefits indicated above are subject to contestability provisions, exclusions and/or provisions on pre-existing conditions, specific guidelines set by Sun Life and the actual provisions of the insurance policy contract.
Kamela Seen, Plato Wraps CEO
As their family business continued to grow, Kamela looked to insurance products to protect her family, savings, and income. She sees insurance as a way to safeguard everything that she and her husband have worked so hard for.
"Para kung may mangyari sa amin, at least may nasimulan 'yung mga anak ko. Anyway, para sa pamilya naman kaya kami nagtatrabaho."