Manulife offers one of highest welcome bonuses for investment-linked plan

The plan offers 60% of the annual premium

Manulife Singapore launched Manulife InvestReady Growth – a whole-life regular premium investment-linked plan designed to aid the growing concerns amongst Singaporeans about their long-term financial security.

One of the bonuses entails customers receiving one of the highest Welcome Bonuses in the market of up to 60% of their annual premium. 

Additionally, it also introduces the Booster Bonus, a one-time bonus of additional bonus units and a first-in-market feature that offers up to 35% of the annual premium if the account value underperforms, safeguarding against market volatility.

The plan features two plan options: 15 Years Flexi 10 and 20 Years Flexi 10. The 15-years plan entails a 15-year commitment as the minimum investment period. 

After the 10th year, there is flexibility to miss regular basic premium payments and adjust the regular basic premium as needed.

Mainly rising costs and and uncertainty in the market has been daunting Singaporeans. Manulife’s Asia Care Survey 2024 highlights a significant confidence gap in financial well-being among Singaporeans, with a 15-point disparity between desired and expected financial outcomes. 

The survey also noted a 20% increase in perceived healthcare costs over the past year, further impacting financial stability.