Signature Income
Manulife
Category
Whole Life
Coverage
Death, Terminal Illness
Coverage Term
Whole Life
Overview
Manulife Signature Income is a single premium, whole life insurance plan. The plan provides lifetime monthly or yearly cash payout from the 5th policy year till age 99. Your policy has cash value from day 1, at 80% of your single premium. It provides coverage against death and terminal illness. No medical underwriting is required. Ideal for 3 generation planning, and wealth transfer. Choice of USD or SGD.
Key Features
-Whole life insurance offers coverage for life and is commonly used for protection and legacy planning. This is unlike term insurance that only provides coverage for a specified period. Plans are usually offered on a participating basis and will accumulate cash value, allowing you to cash out should the need arise.
