Signature Lifetime Rewards (II) (SGD)
Build a legacy that continues to care for the people who matter most.
About this plan
Signature Lifetime Rewards (II) (SGD) is a single-premium legacy solution that combines lifelong protection with a stream of monthly income, helping support you and your loved ones across generations. With no medical examination required, enjoy coverage for death and terminal illness up to age 120, while receiving monthly income from as early as the end of policy month 13.
Why should you get it?
-
One-time payment that lasts a lifetime Be covered for death1 and terminal illness up to age 120, with just one single premium payment.
-
Receive payouts for life to supplement your financial needs Enjoy a lifetime of monthly income2 from as early as the end of policy month 13, up to age 120.
Receive a lump-sum maturity benefit payout when the policy matures at age 120.
-
Guaranteed surrender value from day 1 Be assured that your policy has a surrender value, which is at least 80% of the single premium paid.
-
Change of life insured Option to change the life insured3 to your loved ones.
-
Easy application with no health check-up Guaranteed acceptance with no health questions asked.
Enjoy up to 1.9% premium discount
Get covered today and enjoy savings. T&Cs apply.
Learn more about Signature Lifetime Rewards (II)
Here’s how this lifetime monthly insurance plan with no medical exam helps you build financial security:
Step 1: Make a single premium payment
Start your plan with a one-time premium payment (SGD) and receive lifetime protection against death and terminal illness up to age 120.
Step 2: Receive monthly income
Begin receiving monthly income from as early as the end of policy month 13 to supplement your financial needs, with payouts continuing up to age 120.
Step 3: Continue your legacy with flexibility
Change the life insured to your loved ones to help maintain your legacy and provide continued financial support for future generations.
Step 4: Receive maturity benefits
When the policy matures at age 120, receive a lump sum maturity benefit payout as part of your long-term financial planning.
Signature Lifetime Rewards (II) (SGD) may be suitable for you if:
You want a simple application process: You prefer a legacy insurance solution with guaranteed acceptance and no health questions asked.
You want lifetime financial support: You are looking for a plan that provides lifetime monthly income to supplement your financial needs up to age 120.
You are planning for your family’s future: You want to create a lasting legacy and have the flexibility to change the life insured to your loved ones.
You prefer a one-time payment solution: You want lifelong death and terminal illness coverage through a single premium payment.
You want adaptability alongside legacy planning: A guaranteed surrender value from day one gives you the flexibility to access funds if your circumstances or priorities change in the future.
Frequently asked questions
Yes. You can transfer policy ownership via assignment while the policy is in force, and the assignee must be at least 18 years old.
If you surrender your policy, any monthly income left to accumulate with Manulife will also be paid out with interest (if any), along with the applicable surrender value benefits.
The Surrender Value Booster Benefit is an embedded benefit that ensures the surrender value is at least 80% of the single premium paid before deducting any amount owed to Manulife.
Yes. Policy ownership can be transferred via assignment while the policy is in force, 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. If the life insured dies before age 120, the following will be paid in one lump sum. The higher of:
(a) 105% of single premium, plus non-guaranteed claim bonus (if any) less all monthly income paid; and
(b) the sum of the guaranteed surrender value, non-guaranteed surrender bonus (if any) and the surrender value booster benefit (if any), less any amount owing to Manulife.
2. Based on an illustrated investment rate of return of 4.25% p.a., each monthly income payable from the end of policy month 13 to the end of policy month 60 is 3.0000% p.a. of the sum insured divided by 12, and each monthly income payable from the end of policy month 61 onwards is 3.4500% p.a. of the sum insured divided by 12. Based on an illustrated investment rate of return of 3.00% p.a., each monthly income payable from the end of policy month 13 to the end of policy month 60 is 2.1600% p.a. of the sum insured divided by 12, and each monthly income payable from the end of policy month 61 onwards is 2.5056% p.a. of the sum insured divided by 12.
3. After 2 policy years, the policy owner may request to change the life insured up to 2 times during the term of the policy for an individually owned policy and an unlimited number of times for a corporate-owned policy. Terms and conditions apply. Please refer to the product summary for more information.
Signature Lifetime Rewards (II) (SGD) 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 15 January 2024.