Manulife SG unveils indexed universal life solution for wealth preservation
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Manulife Singapore has launched the Signature Indexed Universal Life Select (III), an indexed universal life solution aimed at high-net-worth individuals for wealth preservation and transfer. The product offers a 0% return floor for downside protection and access to five indices, including the S&P 500 and Hang Seng. It features a fixed account crediting rate of 4.2% per annum and an automatic premium spread option to mitigate market fluctuations. From Policy Year 11, policyholders will receive an interest rate of 0.8% per annum and can change the life insured within two years of policy issuance.
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Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
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