Do you know? 57% of Singapore respondents have concerns about the impact of economic slowdown on their financial goals, according to Manulife Asia Care Survey 20231.
Uncertainty can throw you off-course in your pursuit of dreams, but Manulife is here to keep your dream safe.
Dreams come in different shapes and sizes, as do our solutions. To secure your dreams, connect with our financial consultants today to find out how we can assist you to:
Terms and conditions apply, please refer to the respective Product Summaries and Policy Contracts for specific definitions.
1. Manulife Asia Care Survey, 2023 (https://www.manulife.com.sg/en/about-us/newsroom/singapore-respondents-hope-of-saving-for-retirement-stifled-by-more-immediate-financial-and-lifestyle-pressures.html)
2. Manulife Goal 2023 (II) - Not applicable to policies that have been altered.
3. RetireReady Plus (III) - The Guaranteed Monthly Income (GMI), less any policy debt, will start one month after the policy anniversary immediately after the life insured reaches the selected retirement age and to the end of his/her selected income payout period.
Manulife IncomeGen - Lifetime monthly income consists of guaranteed and non-guaranteed monthly income. Guaranteed monthly income is equal to 0.81% of the sum insured divided by 12. Based on illustrated investment rate of return of 4.25% p.a., non-guaranteed monthly income is equal to 2.43% of the sum insured divided by 12, and based on illustrated investment rate of return of 3.00% p.a., non-guaranteed monthly income is equal to 1.17% of the sum insured divided by 12.
4. RetireReady Plus (III) - Not applicable to policies with single premium and 5 years premium payment term.
5. ReadyCare Riders - Protection coverage for ReadyCare Riders is up to before the policy anniversary immediately after the life insured’s 85th birthday.
These insurance products are underwritten by Manulife (Singapore) Pte. Ltd. (Reg. No. 198002116D). This advertisement has not been reviewed by the Monetary Authority of Singapore. Buying a life insurance policy is a long-term commitment. There may be high costs involved if you terminate the policy early, and your policy's surrender value (if any) may be zero or less than the total premiums paid. Your investments are subject to investment risks, and you may lose the principal amount invested. The performance of the ILP fund(s) is not guaranteed. The value of the units in the ILP fund(s) and the accumulated income (if any) may fall or rise. The Fund Managers shall have the absolute discretion to determine whether a distribution is to be made in respect of the ILP fund(s) as well as the rate and frequency of distributions to be made. The intention of the Fund Managers to make the distribution and the distribution yield for the ILP fund(s) is not guaranteed, and the Fund Managers may review the distribution policy depending on prevailing market conditions. Distributions may be made out of income, net capital gains and/or capital. Past distribution yields and payments are not necessarily indicative of future distribution yields and payments. Any payment of distributions by the ILP fund(s) may result in an immediate decrease in the net asset value per unit. You should read the prospectus and the product highlights sheet and seek financial advice before deciding whether to purchase units in the ILP Fund(s). A copy of the prospectus and the product highlights sheet can be obtained from a Manulife Financial Consultant or our Appointed Distributors.
This website is for your information only and does not consider your specific investment objectives, financial situation or needs. It is not a contract of insurance and is not intended as an offer or recommendation to purchase the plan. You can find the full terms and conditions, details, and exclusions for the mentioned insurance product(s) in the policy contract.
This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact us or visit the LIA or SDIC websites (www.lia.org.sg or www.sdic.org.sg).
We recommend that you seek advice from a Manulife Financial Consultant or our Appointed Distributors before making a commitment to purchase a policy.
Information is correct as of 18 July 2023.