Signature Wealth

Footnotes

1. The types of Underlying Assets that can be used as a form of premium payment is subject to approval by Manulife Singapore. In addition, the Underlying Assets must have a minimum liquidity level of 2%, which shall be held either in cash (or cash equivalents) or in investments which can be liquidated by the next business day.

2. Terminal Illness Benefit is limited to the lower of SGD/USD 2 million or the Net Amount at Risk (NAAR) and is payable by transfer of cash only. NAAR is the difference between the Face Amount and the Policy Value. If the Policy Value is higher than the Face Amount, then the Terminal Illness Benefit will be zero.

3. Custodian and Asset Management Fees are not guaranteed as these are charged by the Custodian and Asset Manager.

4. Premium Charge is not applicable to the Solved Premium paid in the 1st policy year. Premium Charge will only be applied on Chargeable Top Ups. Please refer to the Product Summary for more details.

5. You can access your Policy Value via partial surrender. In the event the partial surrender exceeds the Partial Surrender Limit, a permanent reduction of the Face Amount equivalent to the entire partial surrender amount shall apply. In such a situation, the Death Benefit payable will be affected. Please refer to the Product Summary for more details.

Partial Surrender Limit:

(a) Partial Surrender Limit before the Life Insured attains age 76 is the higher of:

i. 5% of the Policy Value as at the end of the preceding calendar year; or

ii. The Policy Value in excess of the Assumed Policy Value.

(b) Partial Surrender Limit after the Life Insured attains age 76 is:

i. 5% of the Policy Value as at the end of the preceding calendar year.

6. Change of Life Insured is allowed 2 years after Policy Issue Date and subject to approval by Manulife Singapore.

Important Notes

Signature Wealth is 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. This brochure 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 in the policy contract. This brochure is also available in Chinese & Bahasa Indonesia. If there is any difference between the English, Chinese & Bahasa Indonesia versions, the English version will apply.

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 web-sites (www.lia.org.sg or www.sdic.org.sg).

We recommend that you seek advice from a Manulife Financial Consultant or its Appointed Distributors, or visit any DBS/POSB Branch, before making a commitment to purchase a policy.

Information is correct as of 20 March 2024.