Manulife Singapore launches 2 par plans targeting wealthy investors

One is USD based and other is SGD based with year 5 breakeven.

Manulife Singapore has launched two new participating insurance plans aimed at high-net-worth and mass-affluent customers seeking long-term wealth growth and legacy planning. 

The first product, Signature Legacy Harvest, is a USD-denominated whole life plan designed for affluent clients. 

It features a projected early breakeven point by the end of the fifth policy year. This solution includes bonus realisation and liquidity options to facilitate the transfer of wealth across multiple generations.

The second offering, Manulife WealthGen, is an SGD-denominated plan targeted at the emerging and mass-affluent segments. 

It provides a guaranteed breakeven by the end of policy year five based on the guaranteed surrender value of a single premium policy. 

This plan is specifically designed to support long-term growth and can be used to optimise the Supplementary Retirement Scheme (SRS).

These launches follow increasing demand for early breakeven options and global diversification amongst Singaporean families. 

The new products aim to provide financial security and flexibility for customers at various life stages.