- Guaranteed yearly income for life as early as from the end of the 2nd policy year
The guaranteed yearly income is 1% of your chosen sum insured1 according to your needs and budget from the end of the 2nd policy year to the end of the 9th policy year. It then increases to 8% of the sum insured1 from the end of the 10th policy year.
- Potential extra non-guaranteed yearly income payout
- Flexibility to transfer the policy ownership and income payouts to your child when child reaches age 18
- Premium payment is waived upon Total and Permanent Disability of the life insured while income payouts continue
How Manulife ReadyIncome can help you