Protect you and your family from life's uncertainties for your desired period of time based on your needs with our term life insurance plans.
Find a term life insurance plan for you
Key benefits and features
Manulife’s term life insurance plans offer affordable, flexible protection to help safeguard you and your loved ones against life’s uncertainties.
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Affordable protection Choose coverage options that fit your budget and provide financial support for your family.
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Flexible coverage terms Select a term policy with durations that suit your current life stage and protection needs.
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Adaptable protection Some term life insurance policies, such as ManuProtect Term (II), offer the option to convert to whole life insurance if your needs change over time.
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Mortgage protection ManuProtect Decreasing (II) provides decreasing coverage to help financially protect your outstanding home loan.
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Protection that evolves with you Choose term insurance plans that adapt as your lifestyle, responsibilities and financial commitments change.
Plan options and comparison
| Plan name | Coverage | Key features | Ideal for |
| ManuProtect Term (II) | Covers death and terminal illness during the policy term. | Choose from different coverage periods, including renewable and convertible options. Selected plans allow conversion to a whole life insurance plan without additional medical underwriting while the policy is in force. | Those looking for affordable term life insurance with flexible coverage options that can adapt to changing protection needs. |
| ManuProtect Decreasing (II) |
Provides coverage against death and terminal illness with decreasing coverage designed around your financial needs. |
Choose policy terms and interest rate options. The plan is designed to help protect outstanding mortgage commitments with coverage that decreases over time. | Homeowners looking for term insurance Singapore solutions to financially protect their mortgage loans. |
| DIRECT -ManuAssure Term | Covers death, total and permanent disability (TPD) and terminal illness. | Offers policy term options including 5-year renewable, 20 years, or up to age 65. Optional critical illness rider is available for additional protection. | Those seeking straightforward term life coverage in Singapore with affordable premiums and essential protection. |
Learn more about term life insurance in Singapore
A term life insurance, known as a term insurance plan or term policy, provides financial coverage for a specified coverage term. They are typically more affordable than whole life insurance plans, as term life insurance plans do not have any cash value at the end of the policy term.
Manulife term life insurance plans can provide affordable financial protection at different stages of life to help protect your loved ones and support your changing needs.
Young adults starting out: Get affordable term life insurance coverage while building your career, savings and future plans.
Families and parents: Help provide financial support for dependents by protecting against unexpected life events.
Homeowners with mortgage commitments: Consider term insurance plans with coverage designed to help protect outstanding home loans.
Individuals with evolving protection needs: Choose flexible term life insurance policies that can adapt as your responsibilities and financial priorities change.
Those seeking affordable protection: Explore term life Singapore solutions that provide essential coverage while fitting your budget.
Choosing the right term life insurance policy starts with understanding your financial responsibilities, protection needs and future goals. Consider these factors when evaluating your options:
Assess your income: Determine how much coverage you may need to support your financial commitments and maintain your family’s lifestyle.
Consider your dependents: Review the financial needs of those who rely on you, including daily expenses, education costs and future obligations.
Review your occupation: Consider your job stability, income needs and any work-related risks when deciding on a suitable term life insurance cover.
Evaluate lifestyle risks: Consider your health, lifestyle choices and other factors that may affect your protection needs.
Review existing insurance coverage: Check your current policies to identify any gaps and determine if additional term insurance coverage in Singapore is needed.
Frequently asked questions
The cost of a term life insurance policy depends on factors such as your age, coverage amount, policy term, health and lifestyle. Choosing the right coverage helps balance your protection needs with your budget.
Term life insurance can be a suitable option if you need affordable protection for a specific period, such as while supporting dependants, paying a mortgage, or covering major financial commitments.
To buy a term life insurance policy, compare available term insurance plans, choose coverage that fits your needs and complete the application process. A financial consultant can also help you select suitable protection options.
Terms and conditions apply. Please refer to the respective Product Summary for a specific definition.
The information on this page is for general informational purposes only and does not constitute financial advice.
This advertisement has not been reviewed by the Monetary Authority of Singapore. Protected up to specified limits by SDIC.
Information is correct as 21 August 2026.
