Sun Life of Canada President JJ Moreno recently held a significant meeting with Philippine Insurance Commissioner Reynaldo Regalado to address the critical need for improving financial literacy across the Philippines.
Objectives of the Collaboration
The primary goal of the collaboration is to develop and implement strategies that will empower Filipinos with the necessary knowledge and skills to make informed financial decisions. This initiative seeks to:
- Increase awareness about insurance products and benefits.
- Provide educational programs on managing personal finances.
- Encourage responsible financial behavior among consumers.
- Enhance overall economic well-being through improved financial planning.
Expected Outcomes
Through this partnership, both Sun Life of Canada and the Philippine Insurance Commission aim to achieve the following outcomes:
- Broaden access to financial education resources nationwide.
- Strengthen consumer protection by promoting transparency and understanding of insurance policies.
- Foster a culture of savings and investment among Filipinos.
This joint effort underscores the commitment of both organizations to drive sustainable financial empowerment and contribute to the nation’s economic growth.
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