Signature Legacy Growth (USD): Flexible legacy insurance
Be in control of your legacy with the flexibility to pass on and distribute your wealth to loved ones seamlessly
About this plan
Signature Legacy Growth is a flexible legacy insurance solution designed to help you grow wealth and create a lasting legacy for your loved ones. It allows access to accumulated cash value, distributes wealth across generations and protects your legacy with death and terminal illness coverage. Share this legacy with your family across generations, ensuring your wishes are honoured and cherished.
Why should you get it?
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Pass your wealth across generations Split your policy¹ into multiple policies to support different beneficiaries and pass on your wealth according to your wishes.
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Transfer your wealth with ease Transfer your policy2 to loved ones as your family grows and pass it on to your next generation as a legacy.
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Continue your legacy Nominate a secondary life insured³ to help ensure your wealth transfer plans continue, even if the unexpected happens.
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Flexible life insured options Change the life insured4 multiple times after the 2nd policy anniversary to meet your evolving needs.
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Access your wealth when needed Access your accumulated cash value5 for any unforeseen financial needs.
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Payment options that suit you Choose between a single premium payment or spreading your premiums over five years.
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Simple application process Enjoy a hassle-free application process without having to undergo a medical examination.
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Financial protection for your loved ones Help secure your family's future with death3 and terminal illness coverage.
Enjoy up to 10% premium discount.
Discover our exclusive promotions just for you. T&Cs apply.
Learn more about Signature Legacy Growth (USD)
Here’s how this plan helps you build and transfer your legacy:
Step 1: Choose your premium payment option
Select a payment option that suits your financial goals: a single premium or annual payments for 5 years.
Step 2: Grow your wealth over time
Build your wealth through a legacy accumulation insurance solution and access your cash value for unforeseen financial needs.
Step 3: Adapt your legacy as your needs change
As your family grows, you can split your policy, transfer ownership, or change the life insured to support changing legacy goals.
Step 4: Continue your legacy across generations
Nominate a secondary life insured to continue wealth accumulation and protect your legacy if the life insured dies unexpectedly.
Step 5: Stay protected throughout your journey
Receive death and terminal illness coverage for the life insured as you build your legacy plan.
Signature Legacy Growth (USD) may suit you if you are:
Building long-term wealth: You want to accumulate wealth and create a financial legacy for your loved ones.
Planning for future generations: You want flexibility to distribute your wealth through options like policy split and policy transfer as your family grows.
Seeking flexible wealth access: You want the option to access your accumulated cash value for unexpected financial needs.
Protecting your family’s future: You want a solution that provides death and terminal illness coverage while supporting your legacy goals.
Adapting your legacy plan over time: You want the flexibility to change the life insured and nominate a secondary life insured as your family’s needs evolve.
Frequently asked questions
If you surrender your policy while it is in force, you will receive a lump sum payout consisting of the guaranteed surrender value, non-guaranteed surrender value of accumulated reversionary bonus (if any), non-guaranteed surrender bonus (if any) and surrender value booster benefit (if any) after deducting any amount owed to Manulife.
Yes. If the life insured is alive on the benefit end date and the policy remains in force, Manulife will pay a maturity benefit comprising the guaranteed surrender value, accumulated reversionary bonus (if any), and non-guaranteed surrender bonus (if any), less any amount owed to Manulife.
Yes. You may request a partial withdrawal of the surrender value of accumulated reversionary bonuses. However, any bonus withdrawal will reduce the plan's long-term value.
The surrender value includes the guaranteed surrender value, non-guaranteed surrender value of accumulated reversionary bonus (if any), non-guaranteed surrender bonus (if any) and surrender value booster benefit (if any), less any amount owed to Manulife.
You can transfer policy ownership via assignment while the policy is in force. The assignee receiving ownership must be at least 18 years old.
Reversionary, claim and surrender bonuses are non-guaranteed and depend on factors such as participating fund performance, expenses, claims experience, lapse and surrender experience, future outlook of the participating fund and economic conditions.
Terms and conditions apply. Please refer to the Product Summary for more information about this insurance plan.
1. Policy owner may request to split the policy into separate policies after 3 and 5 years from the policy issue date for single-premium and regular premium plan respectively, subject to the terms and conditions of the policy contract.
2. Transfer of policy ownership via assignment is allowed anytime while the policy is in force. The assignee must be at least 18 years old.
3. If the life insured passes on, the following will be paid in one lump sum:
The higher of:
a. 105% of total premiums paid; or
b. sum of 101% of the guaranteed surrender value of the basic plan, 101% of the surrender value booster benefit, accumulated reversionary bonus and claim bonus, if any, less any amounts owing to Manulife.
If a secondary life insured is nominated before the death of the life insured, no death benefit will be payable as the secondary life insured takes over as the life insured (subject to Manulife’s approval).
4. Policy owner may request to change the life insured after 2 years from the policy issue date and must have an insurable interest on in the new life insured at the time of change. Acceptance of the new life insured is at Manulife’s sole and absolute discretion and will depend upon the insurability of the new life insured, as well as other terms and conditions as Manulife shall determine from time to time.
5. Policy owner may request to withdraw the surrender value of the accumulated reversionary bonus. Any bonus withdrawal will reduce the long-term value of the plan.
Signature Legacy Growth (USD) 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 brochure is also available in Chinese and Bahasa Indonesia. If there are any differences or inconsistencies between the English, Chinese and Bahasa Indonesia versions of this brochure, the English version will prevail.
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 our Appointed Distributors before making a commitment to purchase a policy.
Information is correct as of 18 November 2024.