2006 News Releases

Innovative products provide protection and financial planning assistance

Jakarta – PT Asuransi Jiwa Manulife Indonesia (Manulife Indonesia) today launched two new products, ProOptima (an insurance program designed specifically to help protect for the future) and Prime Protection (a single-premium endowment financial planning product). Both of these innovative products are tailored to provide what people need now in planning for their future.

“As the needs for life insurance and investment planning evolve, Manulife continues to strive to develop unique and valuable products affordable for the Indonesian public,” said David Beynon, Manulife Indonesia President Director. “ProOptima offers insurance benefits in addition to a savings component. Prime Protection was designed to help Indonesians with their financial planning needs. We are confident that these products will appeal to a wide market of professionals and parents.”

ProOptima
In addition to offering insurance benefits as well as savings, ProOptima provides a choice of premium payment period of five or ten years and customers are also free to choose their desired insured period of 10, 12 or 15 years.

Benefits offered by ProOptima include: insurance benefit, maturity benefit, and accidental death benefit of 200% of the sum insured. ProOptima provides flexibility for insureds to determine the amount of life cover required with a minimum sum insured of IDR 40 million.

For their convenience, customers can also add other insurance benefits onto ProOptima, such as payor benefits, waiver of premium and hospital benefits, which are available from Manulife Indonesia. “This product has optimal benefits and is affordable for our potential customers,” said Nelly Husnayati, the company’s EVP & Chief Agency Officer.

Prime Protection
Prime Protection is a five-year, single-premium financial planning solution. With both protection and investment available through Prime Protection, a customer can build their wealth value to achieve their life goals. Prime Protection offers a variety of benefits: 1) fixed annual rate of return for a five-year single-premium investment, 2) fixed maturity bonus, 3) accidental death benefit, and 4) tax-free insurance benefit.

Prime Protection is a unique product specifically designed to make future dreams come true, such as buying a house, sending children to schools abroad, buying a new car, etc. It can also provide valuable protection for the unexpected.

“In order to help our customers achieve their future financial goals, this product was designed to provide optimal investment return,” said Hans De Waal, AVP & Chief Actuary.

About Manulife Indonesia
Established in 1985, Manulife Indonesia was awarded the title of ‘Life Insurance Company of the Year 2002 in Asia’ by Asia Insurance Review, a respected insurance publication in Asia. In 2003 Manulife Indonesia was also chosen as ‘Indonesia's Most Admired Company (IMAC)’ in the Insurance category by Frontier Marketing Research & Business Week magazine. In December 2005, Manulife Indonesia was chosen as the only life insurance company in Indonesia that won “Corporate Social Responsibility (CSR) Award 2005” – “3rd Best Practise in Social Program” in Service Companies category, proving the company’s social concern to communities in need. Recently, Manulife Indonesia also received “Call Center Award 2006” in the Insurance category, recognizing its excellent customer service capabilities.

Manulife Indonesia offers the most comprehensive products and services in the Indonesian industry of life insurance, employee benefits and wealth management. Headquartered in Jakarta, Manulife Indonesia operates through a network of 112 branch offices in 33 cities throughout the country, supported by 5,000 employees and full-time professional agents who serve more than 950,000 customers.

About Manulife Financial
Manulife Financial is a leading Canadian-based financial services group serving millions of customers in 19 countries and territories worldwide. Operating as Manulife Financial in Canada and Asia, and primarily through John Hancock in the United States, the Company offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners. Funds under management by Manulife Financial and its subsidiaries were Cdn$372 billion (US$319 billion) as at December 31, 2005.

Manulife Financial Corporation trades as ‘MFC’ on the TSX, NYSE and PSE, and under ‘0945’ on the SEHK. Manulife Financial can be found on the Internet at www.manulife.com.

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