Manulife Signature Life Review

Manulife Signature Life is a universal life insurance plan that provides lifetime coverage against death and terminal illness with only one premium

Manulife Signature Life product details

• Life policy – Universal Life Insurance
• Coverage
  • High coverage for the life insured against Death and Terminal Illness for a lifetime
• Single Premium Term
  • Pay only one premium in SGD or USD
• Guaranteed Cash Value
  • Your policy has cash equivalent to at least 80% of your premium paid on day 1
• Preferential Rates
  • Enjoy lower premiums if you qualify for a better risk or country class
• Policy Transfers; for corporate policy
  • You can request to transfer the policy to another employee after 2 years from policy effective date

Manulife Signature Life can help you with:

• Legacy Planning; protecting and enhancing your legacy for your family
  • Pay for the premium using the intended amount for inheritance, upon your death, your family will receive the full death benefit of the policy
• Business Continuity; protecting valuable employees for business continuity
  • Cover your key employee against death, upon the death of a key employee, you will receive the death benefit to cover for any shortfall that your business might encounter due to the loss of said key employee
    • Otherwise, this policy can also be transferred to another employee if and when the employee insured leaves the company

Read About: 3 things to consider before taking up a new financial product

Features of Manulife Signature Life at a glance

Cash and Cash Withdrawal Benefits

Cash value: Yes
Cash withdrawal benefits: No

Health and Insurance Coverage

Death: Yes
Total Permanent Disability: No
Terminal Illness: Yes
Critical Illness: No
Early Critical Illness: No

Health and Insurance Coverage Multiplier

Death: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No

Optional Add-on Riders

N/A

Additional Features and Benefits

Yes.

For further information and details, refer to Manulife website. Alternatively, fill-up the form below and let us advise accordingly.

Read About: Effects of compounding returns

Is Manulife Signature Life suitable for me?

Contact InterestGuru using the form below. Our panel of licensed financial advisers will advise accordingly, based on your financial profile and protection needs.

All financial reviews and proposals provided are 100% free of charge. There will be no obligation to take up any proposed financial products or services in any way.

We compare quotations head to head on all leading insurers in Singapore

Before you go...

Manulife Signature Life may be a good fit towards your current financial goals. However, there could be way more plans out there with features and/ or benefits that could be more relevant to you at a lower cost.

Drop us a message and find out about customised options across multiple insurance companies. You deserve to get the best out of your hard-earned savings!

I want to know more!