The Philippines unit of the Canadian life insurance company's variable universal life insurance attaching structured notes re-launched last year have gained momentum, the company’s head of investments says.
Structured note-linked variable unit-linked insurance plans are among the areas that have been driving the business of Sun Life Philippines over the past year. Historically, variable universal life insurance tends to be an open-ended fund invested in fixed income and equity securities - Ivan Corcuera Re-launched last year with the aim of structuring simple and addressing clients’ most urgent needs – steady cashflow – the product has been gathering an average of
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