Manulife Signature Lifetime Rewards
The complete Pros and Cons on Manulife Signature Lifetime Rewards
Manulife Signature Lifetime Rewards provides you monthly income for a lifetime. while covering you for death and terminal illness.
Manulife Signature Life product details
- Life policy – Universal Life Insurance
- Coverage
- 105% of total premiums paid or surrender value, whichever is higher ,for death and terminal illness
- Single Premium Term
- Pay only one premium
- Guaranteed Cash Value
- Your policy has cash equivalent to at least 80% of your premium paid on day 1
- Monthly Income for a lifetime
- Receive monthly income for life from end of 13th policy month
- Receive a lump sum maturity benefit payout at age 120
- Flexibility
- Option to change life assured
Manulife Signature Lifetime Rewards 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
Read About: 3 things to consider before taking up a new financial product
Features of Manulife Signature Lifetime Rewards at a glance
Cash and Cash Withdrawal Benefits
Cash value: Yes
Cash withdrawal benefits: Yes
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 Lifetime Rewards suitable for me?
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