Signature Life Series: Guaranteed cash value legacy insurance
Your legacy, preserved for generations to come
About this plan
Manulife Signature Life is a guaranteed cash value legacy insurance plan designed to help you preserve and enhance your wealth for future generations. With a single-premium whole life insurance structure, it provides lifetime protection against death and terminal illness, along with guaranteed cash value from day one.
Why should you get it?
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One Payment, Lifetime Protection Make a single premium payment and enjoy lifelong coverage for death and terminal illness¹, helping you leave a financial legacy for your loved ones.
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Pay in the Currency That Suits You Choose to pay your premium in either Singapore Dollars (SGD) or U.S. Dollars (USD), based on your financial preferences.
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Guaranteed cash value from Day 1 Your policy starts with a guaranteed cash value of at least 80% of the single premium paid, providing immediate value and peace of mind.
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Grow and Preserve Your Legacy Secure guaranteed whole life coverage¹ to help protect and enhance the wealth you wish to pass on to future generations.
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Enjoy Lower Premiums Qualify for preferential premium rates based on your risk profile or country class, helping you get greater value from your coverage.
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Flexibility for Corporate Succession Planning³ For corporate-owned policies, you can transfer the coverage to another key employee when business needs change.
Enjoy up to 5% premium discount.
Discover our exclusive promotions just for you. T&Cs apply.
Learn more about Signature Life Series
Here’s how Signature Life Series works:
Step 1: Make a single premium payment
Start your policy with a one-time premium payment and choose your currency in Singapore dollars or U.S. dollars.
Step 2: Enjoy lifelong protection and guaranteed cash value
Your policy provides whole life coverage for death and terminal illness, with guaranteed cash value from day one.
Step 3: Build and preserve your legacy
Use legacy planning options to support wealth transfer and maintain your financial legacy for future generations.
Step 4: Support your changing needs
For corporate policies, you can change the life insured to another valuable employee to support business continuity planning.
Step 5: Pass on your wealth with flexibility
Choose from available legacy planning facilities, such as policy split and death benefit inheritance options, to structure how your legacy is transferred.
This plan offers guaranteed cash value legacy insurance, lifelong protection and wealth transfer flexibility. It may be suitable if you are:
Planning for your family’s future: You want to preserve your wealth and create a lasting legacy for generations to come.
Seeking a single premium solution: You prefer a whole life insurance plan that provides lifetime coverage through a one-time payment.
Building an estate plan: You want guaranteed cash value from day one and whole life protection to support your wealth preservation.
Business owners protecting key employees: You need keyman coverage or a keyman insurance policy to safeguard business continuity if an important employee is unavailable.
Looking for flexible wealth transfer options: You want options like changing the life insured, policy continuity and legacy planning to support your evolving needs.
Seeking long-term protection with flexibility: You want a plan that covers death and terminal illness while helping preserve your legacy.
Frequently asked questions
If the life insured dies during the policy term, Manulife will pay the death benefit as a lump sum after deducting any outstanding amounts. The benefit amount is based on the policy terms and includes the applicable face amount, accumulated reversionary bonus (if any), claim bonus (if any), or minimum protection amount where applicable.
Yes. If the life insured is diagnosed with a terminal illness during the policy term, the death benefit will be paid in advance as a lump sum, subject to the policy terms and conditions.
A corporate policy owner may request to change the life insured after 2 years from the policy issue date, subject to Manulife’s approval. Acceptance of the new life insured depends on their insurability and policy terms and conditions.
Before the policy anniversary, immediately after the life insured’s 85th birthday, Manulife pays the higher of the face amount plus accumulated reversionary bonus (if any) and claim bonus (if any), or the minimum protection amount. On or after that anniversary and before maturity, the death benefit equals the face amount plus accumulated reversionary bonus (if any) and claim bonus (if any).
If the life insured is diagnosed with a terminal illness during the policy term, Manulife will pay the death benefit in advance as a lump sum. This allows earlier access to the benefit, subject to the policy terms and conditions.
Terms and conditions apply. Please refer to the Product Summary for more information about this insurance plan.
1. For Signature Life – USD, the coverage for death and terminal illness is up to age 99, and the policy matures at age 99. For Signature Life (II) SGD, the coverage for death and terminal illness is up to age 120, and the policy matures at age 120. Terms and conditions apply. Please refer to the product summary for specific definitions.
2. Death Benefit
Upon the death of the life insured during the policy term, we will pay the following in one lump sum, less any amount owing to us:
(a) before the policy anniversary, immediately after the life insured’s 85th birthday, we will pay the higher of:
(i) face amount plus accumulated reversionary bonus (if any) and claim bonus (if any); or
(ii) the minimum protection amount; or
(b) on or after the policy anniversary, immediately after the life insured’s 85th birthday and before the maturity date, we will pay the face amount plus accumulated reversionary bonus (if any) and claim bonus (if any).
Terminal Illness
If the life insured is diagnosed with a terminal illness during the policy term, we will pay the death benefit in a lump sum in advance.
3. The policy owner may request to change the life insured after 2 years from the Policy Issue Date. Acceptance of the new life insured is at Manulife’s sole and absolute discretion. It will depend upon the insurability of this new life insured, as well as other terms and conditions as Manulife shall determine from time to time. For more details, please refer to the policy contract.
Signature Life (II) SGD and Signature Life – USD 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 advertisement 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 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 1 July 2021.