A fear of investing among many Filipinos has carried over to the insurance industry, where many are hesitant about variable unit-linked (VUL) insurance, since some advisors position it primarily as an investment vehicle.

In this episode of BusinessWorld B-Side, Sun Life Head of Insurance Investments Ivan Corcuera talks about the true value of VUL insurance, how it functions, and when it is best utilized.

Interview by Beatriz Cruz

Audio editing by Jayson John Marinas