Manulife Philippines and Manulife China Bank Life Insurance Corporation have launched Wealth Guarantee, a new single-payment insurance plan that offers Filipinos a comprehensive savings and investment option.
Wealth Guarantee, a medium-term wealth management product, promises policyholders yearly payouts of up to 4.5 percent over a seven-year period. It also offers 100 percent capital return at the end of the term, along with 125 percent life protection coverage, providing security for the entire duration of the plan.
The plan features two payout tiers based on premium size. Single premiums ranging from P500,000 to P3 million will receive a 4.1 percent annual return over six years, while premiums of P3 million and above will earn a 4.5 percent return.
“We are committed to offering products that meet the unique financial needs of our customers,” said Rahul Hora, president and CEO of Manulife Philippines. “Wealth Guarantee provides an excellent opportunity for Filipinos to secure their financial future while protecting their loved ones.”
Hora emphasized that the new offering allows investors to diversify their portfolios with competitive guaranteed returns and valuable life insurance protection, helping customers work towards financial freedom and legacy building.
The Wealth Guarantee plan is available for a limited time, starting Monday, through Manulife financial advisors and China Bank branches nationwide.