Manulife WealthGen
Create wealth that lasts up to age 120 and build a legacy that secures the future of generations to come.
About this plan
Manulife WealthGen is a limited pay/single-pay whole life insurance policy designed to help you grow your wealth with potential returns, flexible cash value access¹ and legacy planning facilities. With options for multi-generational wealth transfer and flexible payment through SRS10 or cash, it supports your evolving financial goals.
Why should you get it?
-
Grow your wealth over time Build your savings steadily with a long-term wealth accumulation plan designed to help you grow and preserve your wealth, with coverage up to age 120.
-
Coverage for life’s moments Protection for death2 and terminal illness
Waiver of premium on total and permanent disability8
-
Access your wealth when you need it¹ Enjoy the flexibility to access your policy's cash value1 for important life milestones while keeping your long-term wealth goals on track.
-
Retrenchment payout benefit9 Get a lump sum payout if retrenchment occurs, giving you the confidence to stay secure and prepared for what’s next.
-
Change of life insured6 option Transfer the role of the life insured to a loved one, allowing the policy to continue supporting your family's wealth accumulation goals across generations.
-
Secondary life insured7 option Allows you to nominate a secondary life insured to continue accumulating wealth in the event of the current life insured's unexpected demise
-
Policy split option4 Split your policy into multiple policies to support evolving family needs and distribute wealth more flexibly among your loved ones.
-
Death benefit inheritance option5 Choose for death benefit proceeds to be paid as annual instalments over 2 to 10 years, helping your beneficiaries receive financial support over time.
-
Contingent policy owner option3 Nominate a contingent policy owner who can take over the policy if you pass away or become mentally incapacitated, helping to safeguard your family's financial plans.
Enjoy up to 15% premium discount in the first year.
Get covered today and enjoy exclusive savings. T&Cs apply.
Learn more about Manulife WealthGen
Here’s how this one-time pay life insurance works:
Step 1: Choose your payment option
Select a payment option that suits your financial goals, with choices of single premium or regular premium payment terms.
Step 2: Build your wealth over time
Grow your wealth through a long-term savings horizon while keeping your policy active until age 120.
Step 3: Access your policy benefits when needed
Use the flexibility to access your policy’s cash value for important life moments while continuing to grow your wealth.
Step 4: Protect your financial plans
Enjoy protection against death and terminal illness, with additional benefits available to support you during unexpected events.
Step 5: Plan your legacy for future generations
Use legacy planning options such as changing the life insured, nominating a secondary life insured, splitting your policy, or arranging death benefit inheritance to support your loved ones.
Manulife WealthGen may suit you if you want a single-payment whole life insurance solution that combines wealth accumulation, lifelong protection and legacy planning. It is great for those who are:
Planning for long-term wealth: You want to create a financial foundation for future milestones.
Seeking a single payment solution: You prefer a one-time payment life insurance option to support your wealth planning goals.
Building a legacy for loved ones: You want to plan for future generations through legacy planning that supports wealth continuity.
Looking for flexible access to your wealth: You want to access your policy’s cash value for important life moments while continuing your wealth journey.
Protecting your financial plans: You want lifelong coverage, including protection against death and terminal illness, while building wealth.
Preparing for changing family needs: You want flexibility to support loved ones with options like changing the life insured, nominating a secondary life insured, or splitting your policy.
Frequently asked questions
For single premium policies, the surrender value is available after the policy issue date. For regular premium policies, it is available from the 3rd policy year if all premiums have been paid.
No. The Death Benefit Inheritance Option can only be selected at the application stage, and the inheritance period cannot be changed after the policy has been issued.
If Manulife cannot accept the nominated secondary life insured when the current life insured passes away, the death benefit will be paid, and the policy will end.
From the end of policy year 5 onwards, the surrender value will be at least 100% of the single premium paid, subject to applicable terms and conditions. Please note that it’s not applicable to policies that have been revised.
Terms and conditions apply. Please refer to the product summary and policy contract for specific definitions.
"You"/"your" relates to the policy owner. For a single-life policy, the life insured will also be the policy owner.
1. Provided the policy is in force:
For single-premium policies, the surrender value becomes available after the policy issue date.
For regular premium policies, the surrender value becomes available starting from the 3rd 3rd policy year, provided all premiums have been paid up to date.
2. In the event of the life insured’s death during the policy term and no secondary life insured is nominated, we will pay the higher of the following amounts:
a. 105% of the total premiums paid to date on the basic plan (inclusive of embedded riders), less any advance premiums; or
b. 101% of the total surrender value, less any amount you owe us.
The policy will end upon payout of the death benefit.
3. The Contingent Policy Owner Option allows the current policy owner to name another person (‘contingent policy owner’) to take over the policy as the new policy owner in the event of his/her unexpected passing or if he/she is certified to be mentally incapacitated. Applicable to individual-owned policies only. Not applicable to SRS policies and corporate-owned policies.
4. The policy owner may request to split the policy into separate policies, subject to the terms and conditions of the policy contract. For single premium policies, the policy must have been in force for at least 3 years from the policy issue date. For regular premium policies, the policy must have been in force for at least 5 years from the policy issue date or beyond the premium term, whichever is later. Not applicable to SRS policies.
5. The Death Benefit Inheritance Option can only be opted for at the application stage by you and will not be allowed to change the inheritance period after your policy has been issued. Not applicable to SRS policies.
6. The 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. Not applicable to SRS policies.
7. Subject to there being no claims approved and received by us during the term of the policy, you may nominate, change or revoke another individual as a secondary life insured to replace the existing life insured upon the death of the life insured. Not applicable to SRS policies.
8. Upon the death of the current life insured, if we cannot accept the secondary life insured as the life insured, we will pay out the death benefit, and the policy will end.
9. Waiver of Premium on Total and Permanent Disability Benefit is applicable to regular premium policies, during his/her premium payment term, or before the policy anniversary immediately after the life insured’s 70th birthday, whichever is earlier. Applicable to regular premium policies only.
10. Retrenchment Payout Benefit is applicable to individual-owned policies and policies where the policy owner are is aged 64 and below, during the first 5 policy years (for single premium policies); during his/her premium payment term (for regular premium policies); or before the policy anniversary immediately after the policy owner’s 65th 65th birthday, whichever is earlier. This benefit is applicable once per policy during the policy term and will be terminated upon payout of the benefit.
11. Only applicable to single-premium policies.
Manulife WealthGen and its supplementary benefits 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 website 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 18 January 2026.