Use this option to assign your policy to a financial institution as collateral.
A policyowner may assign their policy to a financial institution as additional security for a loan. Once the loan is fully repaid, the policy can be reassigned back to the policyowner.
1. Download and complete the Collateral Assignment Form.
2. Attach the following supporting documents:
3. Mail the completed original hard copy form, along with any supporting documents to the following address:
Manulife (Singapore) Private Limited
8 Cross Street
#15-01 Manulife Tower
Singapore 048424
Please ensure that the form is signed in wet ink. Click here to obtain the Business Reply Envelope for your submission.
You can only make a collateral assignment to Financial Institutions, i.e. banks.