MANULIFE SPECIAL
nothavethecashflowtopurchasea largepolicytoprotect
theirassets.Lifeinsuranceis anassetin itselfbecauseof
thecapabilityof thepolicytobefinanced.Bankscanuse
it ascollateralandthepolicyholdercanuseit forinstant
protectionforthefamilywithouta significantcashoutlay,”said
KhooKahSiang,CEOof ManulifeSingapore, in a previous
interviewwithSingaporeTatler.
Asoneof theleadinginsurancecompanieswith 28 million
customersworldwide,Manulifeknowsa thingortwoabout
future-proofing.Tohelpclientsexpandtheiraffluencefrom
nowandintotheirtwilightyears,it hasintroducedthe
SignatureIndexedUniversalLifepolicy.Toutedasanall-in-one
lifeinsurancepolicy,it combineslegacyplanning,estate
liquidityandbusinesscontinuityin oneconvenientproduct.
Simplyput,asthepolicyholder,youcandistributeyourwealth
accordingly,splityourestateequally as well as protect your
mostvaluableemployees.
Foradvancedplanningof theprotectionof a policyholder’s
wealthandbusinesses,SignatureIndexedUniversalLife
adoptsa two-prongedapproachthatfunnelsthepremiuminto
fixedandindexaccountsat a 3:7ratio.Forthefixedaccount,
thereis a minimumguaranteedrateof 2 percentperannum
witha guaranteedloyaltybonusof 0.2percentperannum
for year 11 to 20, and 0.25 per cent per annum from the
21styearonwards.Fortheindexaccount,theinterestis based
onanunderlyingindexandsubject to a fl oor and cap rate
predeterminedbyManulife.
Thismeansthepolicyis protectedbytheMinimum
SurrenderValue,whichguaranteesyourcashvaluegrows
at 2 percentperannum,whileotherattractiveinterestrates
providestabilityduringperiodsof marketvolatility.It suits
customerswitha greaterappetiteforrisk,andwhowantto
earnpotentiallyhigher returns than other existing policies offer
in thelongrun.
“WewanttopleaseourUHNWIcustomers,appealtothem
withconsistentproducts,andberelevanttothem,”saidKhoo.
“Atthesametime,wealsowanttomanageourproductswell
forthefutureandnotjustshownicenumbersbecausesome
of thereturnsarenotguaranteed.What’simportantforusis
todemonstrateourabilitytomanagetheriskswell,especially
duringcurrenttimeswhenratesare increasing. We are
cautiousnottoover-promise.”
TheManulifeSignatureIndexedUniversalLifepolicy
is perfectlyin linewithitsguidingphilosophy.It offersthe
flexibilityof accessingandchangingyourpolicyvaluesfor
whatevercurveballslifethrowsat you.Whenit comesto
buildinganenduring legacy for those you treasure, it pays
to be prepared.