BUILDING A BETTER FUTURE

Manulife’s new Signature Indexed Universal Life policy is your stepping stone to a more secure tomorrow

Everyone wants a better tomorrow. Regardless of age, gender and wealth, you want the path ahead to be smooth and free from challenges. Many work hard towards achieving that dream, and start planning for a brighter future by making smart investments. And part of the planning involves buying the right insurance policies, which protect and build your wealth and legacy. This is where Manulife’s new Signature Indexed Universal Life policy comes in. The all-in-one life insurance plan combines life protection with potential opportunities for higher returns. Besides providing a death benefit to protect your family and their dreams if the unexpected should happen to you, the Signature Indexed Universal Life policy offers better interest crediting than traditional life insurance. The insurer does this by helping you take advantage of periods of market growth. This unique strategy can capture the potential upside of indices by crediting interest to your policy based on the measured performance. Combined with the guaranteed zero per cent minimum floor, this means that policyholders can enjoy the potential market highs with limited downside risk due to market losses. Furthermore, policyholders are also empowered to plan for their future legacy and business continuation, and accurately distribute estate liquidity. Manulife is the first in Singapore to offer such a product, as part of its drive to offer customers greater options to manage their wealth. Such a revolutionary product further cements the insurer’s reputation as the largest player in Singapore’s insurance space that caters to high-net-worth individuals. As part of the policy, the premium charges are divided into two separate accounts: 30 per cent of the balance premiums goes into a fixed account, while the other 70 per cent goes into the index account. The amount in the fixed account will accrue interest based on the current crediting rate, subject to a guaranteed minimum of two per cent per annum. On the other hand, the amount in the index account will accrue interest based on the point-to-point performances of the S&P 500 and Hang Seng indexes, subject to a guaranteed floor rate of zero per cent interest and respective caps. What’s more, the plan offers a minimum surrender value feature that ensures your cash value grows at two per cent per annum, regardless of market conditions. Whether you are planning for greener pastures later on in life, or planting a fertile garden for future generations, Manulife’s Signature Indexed Universal Life policy will help you achieve your objectives.