05/04/2019
What are the similarities and differences of Sun Flexilink vs. Sun Maxilink Prime?
Similarities
Both plan are Insurance with investments, meaning, part of your payment goes to your insurance coverage and part goes to investments. So ‘Insured ka na, kumikita pa pera mo’.
For Sun Flexilink, you can choose to have a Premium Holiday – meaning, when do you plan to stop your payment. However, usually it is offered with at least 10 years paying period.
For Maxilink Prime, payment period is set to 10 years.
Differences
Sun Flexilink appears to be cheaper than Sun Maxilink Prime in terms of premium. But in reality, you get more value in Sun Maxilink Prime. Why is that? First, Sun Maxilink Prime has a feature wherein the face amount is doubled. For example, a death coverage (face amount) of P350,000 will become P700,000 as feature of the plan.
Also, Sun Maxilink Prime is built to have more funds going into the investment part that’s why if you try to compare the same profile with the same amount of budget, fund value in Sun Maxilink Prime will always reign supreme over Sun Flexilink.
On the other hand, if you wish to add additional benefits like Critical Illness Benefit, you can only add this using Sun Flexilink. The same rea*on why others still prefer Sun Flexilink because of the Criticial Illness Benefit and Female Benefit that you cannot add on Maxilink Prime.
How is that?
Sun Flexilink’s premium charges is up to 10th year wherein Sun Maxilink’s premium charges stop on the 5th year. That’s why Sun Maxilink Prime’s fund value will appear higher and better than Sun Flexilink.
Rule of Thumb
If you’re looking for an Insurance and you got the budget, go for Sun Maxilink Prime. But if you’re a little tight on the budget as of the moment OR would want add additional benefits like Crticial Illness or Female Benefits, having Sun Flexilink will give you peace of mind.
