today, manulife played host for her fa/ifa partners to launch their ultimate savings series in the rock auditorium.
what is ultimate savings series?
these are regular premium participating endowment products.
there are 3 plans in the ultimate savings series namely ultimate saver, ultimate cash 100 and ultimate cash 200.
details:
Ultimate Saver
Features and benefits:
* Wide saving terms ranging from 16 to 28 years.
* Premium commitment is shorten by 3 years to lessen your financial burden.
* Enjoy your saving efforts even before the policy matures with yearly payouts over the last 3 policy years.
* Provides 200% insurance coverage of your chosen face amount giving you peace of mind.
Ultimate Cash 100 / 200
Features and benefits:
* Wide saving terms ranging from 13 to 25 years.
* Option to double insurance coverage to enhance your protection needs.
* Receive your maturity benefit either in one lump sum or regular yearly payouts over 10, 15 or 20 years.
* For regular yearly payouts, you have further option to either leave 50% or 100% of the maturity benefit with Manulife Singapore.
* Earn additional payout bonus of up to 38%** on the guaranteed yearly payout amount.
* Extra death benefit equivalent to 10% of the maturity benefit left with Manulife Singapore.
** Based on projected rate of return at 5.25% for a 20-year payout term. As bonus rates are not guaranteed, the actual payout bonus may vary according to the future performance of the participating life fund
important notes:
This is not a contract of insurance. The precise terms and conditions of the plan are specified in the policy contract.
Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable may be less than the total premiums paid.
This blog is for your information only and does not have any regard to your specific investment objectives, financial situation and any of your particular needs. You may wish to seek advice from a financial adviser before making a commitment to purchase the product. In the event that you choose not to seek advice from a financial adviser, you should consider whether the product in question is suitable for you. |
