Signature Wealth: Legacy wealth insurance
Your legacy deserves to withstand the test of time
About this plan
Manulife Signature Wealth is a legacy wealth insurance solution designed to help preserve, grow and transfer wealth across generations. Combining legacy protection with investment flexibility and the ability to access Policy Values when needed, it helps provide for those you care about while supporting your long-term wealth aspirations and changing needs.
Why should you get it?
Protect the wealth you've built over a lifetime and pass it on to future generations with confidence. At the same time, maximise your wealth potential through a personalised investment strategy.
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Flexible payment options Start your legacy plan with a one-time premium funded through asset transfer¹ and/or cash in SGD or USD.
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Lifelong coverage Enjoy whole life coverage on death and terminal illness², helping you safeguard and pass on your wealth with confidence.
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Greater certainty with transparent charges Enjoy peace of mind with guaranteed cost of insurance charges, fixed policy fees³ and a 0% premium charge⁴.
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Stay in control of your wealth Manage your own investment strategy, access your Policy Value when needed, and retain flexibility to change the life insured⁶ while protecting your legacy.
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Flexible payout options for beneficiaries Give your loved ones the flexibility to receive the death benefit in cash or through the transfer of assets, based on their needs.
Learn more about Signature Wealth
Signature Wealth combines legacy protection with investment flexibility. Here’s how it works:
Step 1: Lay the foundation for your legacy
Fund your plan with cash or eligible assets to begin building a legacy tailored to your wealth planning objectives.
Step 2: Build your investment strategy
Manage your wealth through your selected investment approach aligned with your long-term objectives.
Step 3: Protect your legacy
The Guaranteed Death Benefit helps protect the legacy you wish to leave behind, even during challenging market environments.
Step 4: Maintain access to your wealth
Access your Policy Value when required through partial surrender options, subject to policy terms and limits.
Step 5: Adapt across generations
Keep your plan aligned with evolving circumstances and succession goals through a range of planning options.
Manulife Signature Wealth may be suitable for you if:
You have built significant wealth: You want to protect your assets and create a lasting legacy for your loved ones.
You want to help safeguard your intended legacy: You are looking for a solution designed to help protect the wealth passed on to future generations, regardless of changing market conditions.
You value investment flexibility: You want to continue managing your wealth through your own investment strategy while protecting your legacy.
You need access to your wealth when required: You want the flexibility to access your Policy Value without compromising the death benefit, subject to policy terms.
You are planning for future generations: You want a long-term solution that helps preserve wealth and provides financial security for your beneficiaries.
You want flexible legacy planning: You value options such as changing the life insured to adapt your wealth planning needs over time.
Frequently asked questions
Signature Wealth gives you the flexibility to fund your plan using cash, eligible assets, or a combination of both, subject to Manulife's approval. This provides an alternative to liquidating assets, allowing you to incorporate existing wealth into your legacy planning strategy.
Yes. Assets used as premium payments are subject to Manulife’s approval and must meet a minimum liquidity level of 2%, held either in cash, cash equivalents, or investments that can be liquidated by the next business day.
You can access Policy Value through partial surrender, but withdrawals above the applicable limit may result in a permanent reduction of the Face Amount and affect the Death Benefit payable. The partial surrender limits depend on the life insured’s age and Policy Value conditions.
Terms and conditions apply. Please refer to the Product Summary for more information about this insurance plan.
1. The types of Underlying Assets that can be used as a form of premium payment are subject to approval by Manulife Singapore. In addition, the Underlying Assets must have a minimum liquidity level of 2%, which shall be held either in cash (or cash equivalents) or in investments which can be liquidated by the next business day.
2. Terminal Illness Benefit is limited to the lower of SGD/USD 2 million or the Net Amount at Risk (NAAR) and is payable by transfer of cash only. NAAR is the difference between the Face Amount and the Policy Value. If the Policy Value is higher than the Face Amount, then the Terminal Illness Benefit will be zero.
3. Custodian and Asset Management Fees are not guaranteed, as these are charged by the Custodian and Asset Manager.
4. Premium Charge is not applicable to the Solved Premium paid in the 1st policy year. Premium Charge will only be applied to Chargeable Top Ups. Please refer to the Product Summary for more details.
5. You can access your Policy Value via partial surrender. In the event the partial surrender exceeds the Partial Surrender Limit, a permanent reduction of the Face Amount equivalent to the entire partial surrender amount shall apply. In such a situation, the Death Benefit payable will be affected. Please refer to the Product Summary for more details.
Partial Surrender Limit:
(a) Partial Surrender Limit before the Life Insured attains age 76 is the higher of:
i. 5% of the Policy Value as at the end of the preceding calendar year; or
ii. The Policy Value in excess of the Assumed Policy Value.
(b) Partial Surrender Limit after the Life Insured attains age 76 is:
i. 5% of the Policy Value as at the end of the preceding calendar year.
6. Change of Life Insured is allowed 2 years after Policy Issue Date and subject to approval by Manulife Singapore.
Signature Wealth 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 & 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 (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 its Appointed Distributors before making a commitment to purchase a policy.
Information is correct as of 20 March 2024.