Change premium allocation (Premium Redirection)
Premium Redirection allows you to change how your future premiums should be allocated to different funds for your investment-linked policy.
What you need to know
- You may choose to redirect the future premiums for your regular premium investment-linked policy to your preferred funds based on a chosen percentage allocation.
We encourage you to evaluate your risk tolerance, investment goals and investment time horizon before making an investment decision.
- If you need help reviewing the suitability of your investment, or if you do not have a valid Customer Knowledge Assessment (CKA), please get in touch with your Representative who can assist you on your request.
- If you have passed your CKA and do not wish to receive advice on your investment choices, you may submit your instructions by logging in to our secure customer portal, MyManulife, or the Manulife SG App.
You may refer to this List of Available Funds for the funds available for your policy.
If your policy is under a trust arrangement, please contact your Representative for assistance.
Instructions
1. Log in to your account via MyManulife (opens in a new tab) or the Manulife SG App.
2. Click on the "Services" tab, followed by "Automatic fund rebalancing & Change premium allocation".
3. Follow the instructions on the page to guide you through the process for Premium Redirection.
4. If you do not have a MyManulife account, you can easily follow the step-by-step instructions here to create your account.
FAQs
- Requests received before 3pm will be processed within 1 business day.
- Requests received after 3pm will be treated as received on the next business day.
If you wish to change the fund allocation and percentage allocation for future premium payments, please submit your request at least 7 business days before your next premium due date.