How to Pay Sun Life Insurance Online

Do you have a Sun Life insurance plan?

Do you want to know how you can pay your premiums online?

In this blog post, I’ll show you exactly how to do that so that you don’t have to go to the payment center anymore and do it at home instead.

Even if we’re already on GCQ or General Community Quarantine, it’s still safer to just stay at home and take advantage of online facilities like BPI online banking for your banking transactions and bills payment.

In fact, I just paid my Sun Life insurance premiums through my BPI online account and I’m glad I didn’t have to go to the bank anymore to deposit the payment.

I just logged in to my BPI online account and transferred my payment online at the comfort of our home.

If you also want to know how to pay your Sun Life insurance plan online, follow the three easy steps below.

Step 1:  Register in BPI Online Banking

You cannot pay your Sun Life Insurance online or perform any online banking transactions with BPI unless you sign up for an online account.

So if you are not yet registered, follow these steps to register in BPI online banking:

  1. Go to bpi.com.ph
  2. Click Login
  3. Click Register Now
  4. Fill out the Online Enrollment Form completely
  5. Activate your BPI Online Enrollment

READ: Step-by-step Guide to BPI Online Banking Registration

Step 2:  Add Sun Life as Biller in BPI Online

Once you have a BPI online account, the next step is to add or enroll Sun Life as a Biller or merchant in BPI online.

You only need to do this one time. Once it’s enrolled in your BPI online account, it will be easier and faster to pay your Sun Life premiums next time.

Follow these steps to add Sun Life as Biller: 

  1. Go to bpi.com.ph
  2. Click Login and enter your Username and Password.
  3. Once logged in, click Other Services
  4. Click Manage Recipients under Recipientsbpi-online
  5. Click Add New Recipients
  6. Under Recipients, select Billers
  7. Under Biller, type SUNLIF or SUNLIFE OF CANADA (PHILIPPINES)
  8. Under Reference Number, enter your Sun Life Policy Numbersun-life-insurance-plan
  9. Click Next, confirm your details, and enter your OTP (One-Time Password)
  10. Enrollment was successful!
    bpi-online-bills-payment

Step 3:  Pay Sun Life Insurance Online via BPI

Now that Sun Life is already added in your list of recipients in your BPI Online account, the next step is to pay your Sun Life premiums.

Follow these steps to pay your Sun Life Insurance online: 

  1. Go to bpi.com.ph
  2. Click Login and enter your Username and Password.
  3. Once logged in, click Payments/Load.bpi-online-bills-payment
  4. Under Pay from, select the account that you’re going to use to pay the bill.
  5. Enter the correct amount.
  6. Under Pay to, select the correct Biller (SUNLIF) in the dropdown. Make sure you choose the correct Policy Number if you have more than one enrolled in BPI.
  7. Under Frequency, it’s automatically set to Now. Leave it like that or select your preferred mode of payment in the dropdown.
  8. Under Notes, write anything that would remind you of the transaction or you may leave it blank if you like.
  9. Click Next, confirm your details, and enter your OTP (One-Time Password)
  10. Bills Payment was Successful!

bpi-online-bills-payment

WATCH: How to Pay Sun Life Insurance Online

 

That’s it! I also took a screenshot of my payment and I sent it to my trusted Sun Life advisor – who also happens to be my college best friend. 🙂

And oh, if you are planning to get an insurance or invest in Sun Life’s products, send me an email at janice@thepinayinvestor.com, and I’ll gladly refer you to Shyne Deliso.

Whether you are in NCR or in any part of the Philippines, you can easily set up an online meeting and ask her anything about Sun Life insurance plans.

Trust me, you can trust her. 🙂

best-sunlife-advisor-philippines

Other Ways to Pay Sun Life Insurance Premiums

  1. Pay your Sun Life premiums via OTC or Over-the-Counter

    • BPI
    • BDO
    • Security Bank
    • RCBC
    • UnionBank
    • Other Megalink/Bancnet members
      • Company Name: Sun Life of Canada (Philippines), Inc.
      • Subscriber’s Name: Name of Policy Owner
      • Subscriber’s Account Number: Policy Number
  2. Pay your Sun Life Premiums via Online and Mobile Banking

    • BPI Online Banking
    • BDO Online Banking
    • GCash
    • PayMaya
      • Biller/Merchant: Sun Life of Canada (Philippines)
      • Reference Number: Policy Number
  3. Pay your Sun Life Premiums in accredited Payment Centers

    • SM Customer Center
    • G-Cash
    • Smart Money
    • Bayad Center
      • Payee: Sun Life of Canada (Philippines) Inc.
      • Account/Reference Number: Policy Number
      • Present your Sun Life Billing Statement

FAQs 

Q: I was not able to pay my Sun Life Insurance because of the ECQ or lockdown. Can I still pay it even if it’s already beyond its due date? 

A: Sun Life extended the grace period to 91 days, but it’s best to talk to your financial advisor to check if this is aligned with your policy contract provision.

We are extending the grace period for premium payments to 91 days to make things a bit easier for our clients during this trying time. This extension is applicable for policies or pre-need plans with due dates falling from Feb. 15 to May 31, 2020. (Source: Sun Life FB Post and Advisory)

Q: I wish to suspend my auto-debit arrangement in the meantime. Is this possible?

A: Contact your Sunlife Financial Advisor or send your request and policy details via PM through Sun Life’s official Facebook page.

Q: I’m having a hard time paying my premiums yearly. Can I change it to monthly instead?

A: Yes. You may opt for auto-debit arrangement, or talk to your Sun Life advisor so that you can update your preferred mode of payment.

Q: Is there a processing fee or charge when I pay my Sun Life premiums online? 

A: It’s free of charge, but you must enroll it first as a Biller.

Q: I paid my Sun Life Insurance today via BPI Online Banking. When will it be posted on my account? 

A: It takes 2-3 business days to be reflected on your account. You will receive a confirmation text or email once your payment is credited to your account.

Q: I paid my Sun Life Insurance today at the Sun Life payment center. When will it be posted on my account? 

A: It will be reflected on your account on the same day.

Q: Can I pay my premiums using my credit card? 

A: Yes. You may pay your insurance plan using your credit card only if it is enrolled in an auto credit arrangement. You may ask your financial advisor to know more about this and to get the forms.

Q: I have an insurance plan with Sun Life but I was not able to pay my premiums for almost one year now because I lost my job. Can I still continue with my insurance plan and pay my previous premiums?

A: It would be best to contact your financial advisor so that he/she can check the status of your plan before you make any payments.

Q: Who should I contact if my financial advisor is no longer responding to my messages? 

A: You may fill out this contact form or contact Sun Life Customer Service at 8555-8888.

For your other questions and concerns about your Sun Life insurance, contact your trusted financial advisor. They’ll be glad to assist you.

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *

%d bloggers like this: