Manulife Singapore has launched two new participating solutions, Signature Legacy Harvest and Manulife WealthGen, aimed at supporting high-net-worth and affluent families in preserving and transferring wealth across generations. These plans address the growing need for early breakeven, liquidity, and long-term wealth preservation amidst increasing global complexity.
Signature Legacy Harvest is a USD-denominated whole life plan designed for high-net-worth customers. It offers a Bonus Realisation option, allowing policyholders to withdraw bonuses from Year 5, and boasts one of the highest Day-1 surrender values at 85% of the single premium. This provides immediate liquidity whilst maintaining investment flexibility. Additionally, the Resilience Care Benefit enables up to 100% of the terminal bonus to be withdrawn upon diagnosis of specified conditions, offering financial support during critical health events.
Manulife WealthGen, an SGD-denominated plan, targets emerging and mass affluent customers seeking long-term growth and Supplementary Retirement Scheme optimisation. It promises one of the earliest guaranteed breakeven points in the market by the end of Policy Year 5.
Both solutions feature multi-generational flexibility, allowing policyholders to change the life insured, nominate a secondary life insured, and split the policy for future generations. “Signature Legacy Harvest is built to deliver security, flexibility, and seamless wealth transfer,” said Rena Lim, Head of High Net Worth and Financial Advisory at Manulife Singapore.
Frank O’Neill, Chief Product Officer, emphasised Manulife’s commitment to providing trusted solutions for wealth and legacy planning. With over 125 years of experience in Singapore, Manulife continues to be a leader in bespoke wealth strategies, ensuring resilience and sustainability for future generations.
