Heirloom (VII)
A legacy of abundance starts here
About this plan
Heirloom (VII) is a universal life insurance plan designed to protect and manage your wealth for future generations. It offers the benefits of high insurance coverage, cash value accumulation and flexible features to support your estate planning and multi-generational wealth transfer goals.
Why should you get it?
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Potentially grow your policy value over time Receive a guaranteed loyalty bonus¹ of 0.35% per year from policy year 11 up to age 100, helping to enhance your policy value over the long term.
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Enjoy greater certainty on insurance charges Your insurance charges are capped at 110% of current rates, helping you plan for the future with greater confidence.
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Create liquidity for your estate Provide funds that can help support the smooth distribution of your assets and reduce financial strain on your loved ones.
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Pass on wealth according to your wishes Help ensure your wealth is distributed to future generations in a structured and meaningful way.
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Support business succession planning Protect your business by providing financial support for key employees and business continuity needs.
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Diversify your wealth portfolio Spread your assets across different solutions as part of a balanced wealth and legacy planning strategy.
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Access your policy value when needed Enjoy flexible premium payment options² and penalty-free withdrawals³ to suit your changing needs.
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Reward for becoming smoke-free If you successfully quit smoking, you may benefit from standard non-smoker policy charges⁴.
Get covered today and enjoy exclusive savings.
Enjoy up to 2.5% premium discount. T&Cs apply. Enjoy lower insurance charges as you receive a risk class upgrade. T&Cs apply.
Learn more about Heirloom (VII)
Heirloom (VII) helps you protect your wealth and create a lasting legacy. Here’s how this plan works:
Step 1: Set up your plan
Choose the level of insurance coverage that supports your wealth and legacy planning needs.
Step 2: Grow your policy value
Your policy value has the potential to grow over time through interest crediting and guaranteed loyalty bonuses.
Step 3: Enjoy flexibility along the way
Benefit from flexible premium payments and the ability to make withdrawals or take policy loans when needed, subject to policy terms.
Step 4: Support your estate and business goals
Create estate liquidity and support business succession needs with a high level of insurance coverage.
Step 5: Transfer wealth with confidence
Help pass on wealth according to your wishes and support future generations.
Heirloom (VII) is an insurance for multi-generational estate transfer. It may be suitable for you if:
You want to transfer wealth according to your wishes: Create a structured plan and provide liquidity to help distribute assets among your beneficiaries.
You have significant assets to protect: Benefit from high insurance coverage and the potential to accumulate policy value over time.
You are a business owner: Support business continuity and succession planning for key individuals and future generations.
You value flexibility: Enjoy flexible premium payments, withdrawals and the option to change the life insured as your needs evolve.
You are looking for a long-term insurance solution: Protect your wealth while supporting your estate planning goals.
Frequently asked questions
Yes. If your policy has sufficient cash value, you may be able to skip premium payments or stop paying premiums entirely, subject to applicable conditions.
Additional premiums may be required if the actual interest credited is lower than illustrated, if you take a loan or withdrawal, or if actual charges increase.
Yes. From the 11th policy anniversary onwards, withdrawals can be made without surrender charges if the total withdrawal amount does not exceed 5% of the policy value from the previous policy anniversary.
Eligible smokers can enjoy standard non-smoker policy charges for the first three policy years. If satisfactory medical evidence confirms they have quit smoking for at least 12 consecutive months, the policy can be reclassified using standard non-smoker rates.
If the life insured is diagnosed with a terminal illness before age 99, the terminal illness benefit is paid as an acceleration of the death benefit, subject to the terminal illness limit.
Terms and conditions apply. Please refer to the Product Summary for more information about this insurance plan.
1. Starts from policy year 11 and ends immediately before the policy anniversary after the life insured’s 100th birthday.
2. You may pay premiums of any amount at any time before age 100, within the maximum limits we set. If you have enough cash value in the policy, you may skip a premium payment or stop paying entirely. You may need to pay extra premiums if the actual interest we pay you is lower than shown, if you take a loan, if you make a withdrawal, or the actual charges increase. The actual amount and frequency of premium payments will affect the policy value and potentially the death benefit as well as how long the policy is kept in force.
3. On the condition that the withdrawals made from the 11th policy anniversary onwards and the total withdrawal amount in a particular policy year do not exceed 5% of the policy value as at the policy anniversary immediately before the policy year in which withdrawals are made. Any withdrawal from the policy will reduce the policy value.
4. Applicable to standard or preferred smoker, without any additional ratings. This quit-smoking incentive allows you to benefit from standard non-smoker policy charges for the first three policy years. By the end of policy year 3, upon provision of satisfactory medical evidence that you have quit smoking for at least 12 months in a row, we will reclassify your policy and use the standard non-smoker rates from then on.
Heirloom (VII) and its supplementary benefits are underwritten by Manulife (Singapore) Pte. Ltd. (Reg. No. 198002116D). This advertisement has not been reviewed by the Monetary Authority of Singapore. Buying a life insurance policy is a long-term commitment. There may be high costs involved if you terminate the policy early, and your policy’s surrender value (if any) may be zero or less than the total premiums paid. This brochure is for your information only and does not consider your specific investment objectives, financial situation or needs. It is not a contract of insurance and is not intended as an offer or recommendation to purchase the plan. You can find the full terms and conditions, details and exclusions for the mentioned insurance product(s) in the policy contract. This brochure is also available in Chinese & Bahasa Indonesia. If there is any difference between the English, Chinese & Bahasa Indonesia versions, the English version will apply. This policy is protected under the Policy Owners’ Protection Scheme, which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic, and no further action is required from you. For more information on the types of benefits that are covered under the scheme, as well as the limits of coverage, where applicable, please contact us or visit the LIA or SDIC websites (www.lia.org.sg or www.sdic.org.sg).
The information on this page is for general informational purposes only and does not constitute financial advice.
We recommend that you seek advice from a Manulife Financial Consultant or its Appointed Distributors before making a commitment to purchase a policy.
Information is correct as of 22 November 2020.
Signature Legacy Harvest is underwritten by Manulife (Singapore) Pte. Ltd. (Reg. No. 198002116D). This advertisement has not been reviewed by the Monetary Authority of Singapore. Buying a life insurance policy is a long-term commitment. There may be high costs involved if you terminate the policy early, and your policy’s surrender value (if any) may be zero or less than the total premiums paid.
This brochure is for your information only and does not consider your specific investment objectives, financial situation or needs. It is not a contract of insurance and is not intended as an offer or recommendation to purchase the plan. You can find the full terms and conditions, details and exclusions for the mentioned insurance product in the policy contract.
This policy is protected under the Policy Owners’ Protection Scheme, which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic, and no further action is required from you. For more information on the types of benefits that are covered under the scheme, as well as the limits of coverage, where applicable, please contact us or visit the LIA or SDIC websites (www.lia.org.sg (opens in a new tab) or www.sdic.org.sg (opens in a new tab)).
The information on this page is for general informational purposes only and does not constitute financial advice.
We recommend that you seek advice from a Manulife Financial Consultant or our Appointed Distributors before making a commitment to purchase a policy.
Information is correct as of 18 January 2026.