RetireReady Plus
Manulife
Category
Retirement
Coverage
Disability, Death, Total Permanent Disability
Coverage Term
Whole Life . discrete term 5,10,15,20
Overview
Manulife RetireReady Plus is a single or regular premium, endowment insurance plan. The plan provides guaranteed monthly income starting from your selected retirement age. If loss of independence occurs during your income payout period, you will receive additional guaranteed monthly income. If total and permanent disability occurs during your payment premium period, your premiums will be waived. The plan is guaranteed acceptance regardless of your health condition.
Key Features
-Annuities are a type of life insurance and are generally used for retirement planning with premiums paid for a specified period. Upon reaching your desired retirement age, pay-outs from your annuity will commence. Annuities allows individuals the option to receive a regular stream of income in retirement and are usually used to supplement CPF Life pay-outs and/or retirement savings.
