Discover practical strategies on how to set health goals, choose the right life insurance, and cushion the impact of medical inflation.

As a fifty-something and semi-retired daddy, I understand the importance of planning for the future and taking steps to protect my loved ones. One crucial aspect of this planning is having life insurance, which offers a range of benefits at this stage of life.

So, when I received an invitation to attend “Sun Talks:  Digital Media Edition / Unlocking Your Health Goals”, an online event of Sun Life Financial, I eagerly logged in and prepared to absorb the latest news and products of the insurance giant.

The lively online event was graced by Sun Life’s Francesca Tolentino, Affinity Partnership Manager, Health and Accident Team.  She was later joined by Garett Maralit, Multi-awarded Financial Advisor and Sales Manager during the open forum.

Tolentino talked about Sun Life’s mission-vision and the various initiatives conducted by the company which promotes good health among its employees and the communities.

She also shared the importance of getting a life insurance and how she lost one of her family members to a disease for not having enough money to pay their hospital bills.

Here are my key takeaways from this informative and enriching meeting:

Set your health goals

Setting health goals before getting life insurance allows you to take control of your health and make positive changes that can potentially impact your policy and premiums.

By establishing health goals, you can work towards improving your health and minimizing risk factors, which may result in more favorable terms when applying for life insurance.

Life insurance is for everyone

No matter what stage of life you’re in, it’s never too early or too late to consider purchasing life insurance. Even if you don’t have dependents or a mortgage, life insurance can provide crucial benefits such as covering funeral expenses and leaving a legacy for loved ones.

Ask your life  insurance agent for customized life insurance solutions tailored to meet your specific needs, ensuring that you have the right coverage at an affordable premium.

Remember that life insurance is not just for the wealthy or the elderly; it’s a valuable investment for anyone who wants to secure their family’s financial future.

Life insurance cushion the impact of medical inflation

Medical inflation is a growing concern in today’s healthcare landscape, affecting individuals, families, and businesses alike.

The consequences of medical inflation can be far-reaching and impact various stakeholders. Medical inflation can cause the cost of healthcare to rise over time, which can be especially challenging for retirees on a fixed income.

Some life insurance policies, such as whole life insurance, lock in rates, so policyholders know exactly what their premiums will be for the life of the policy. This can help protect against the impact of medical inflation.

Inquire about life insurance from an authorized Life Insurance agent

Life insurance policies can be complex, and understanding the different types, features, and riders can be overwhelming for clients. Explaining insurance jargon and navigating through the technicalities of policies can be a challenge.

Talking to an authorized and trusted life insurance agent will help you better understand the benefits and coverage of each policy. You may even ask for a customized solutions that align with your  specific needs and financial goals.

Final Thoughts

Sun Life’s “Unlocking your Health Goals” Zoom meeting was a truly enriching experience. The speakers shared valuable insights and practical strategies that have inspired me to take my health journey to the next level.

It’s understandable that the thought of buying life insurance can be daunting, but it’s important to remember that you’re not just purchasing a policy; you’re investing in your future and the future of your loved ones.