Manulife WealthGen Review

Manulife WealthGen is a limited pay/single-pay whole life plan designed to help you grow your wealth with potential returns and provide flexible cash value access, along with legacy planning facilities.

Manulife WealthGen product details

• Life policy – Endowment and Saving policy
• Avaliable in cash/SRS
• Capitalise on the long-term savings horizon to grow your wealth
• Be covered against Death and Terminal Illness
• Waiver of future premiums for Total and Permanent Disability during premium term
• Flexibility to access your policy’s cash value for life’s key moments while continuing to grow your wealth for the future
• Retrenchment Benefit: Get a lump sum payout if retrenchment occurs
• Policy Split Option: Allows policy to be divided into multiple policies, offering flexibility in wealth distribution
• Secondary Life Insured Option: Allows you to nominate secondary life insured to continue accumulating wealth in the event of the current life insured’s unexpected demise
• Hassel free application: Guaranteed acceptance with no health questions asked

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Features of Manulife WealthGen at a glance

Cash and Cash Withdrawal Benefits
Cash value: Yes
Cash withdrawal benefits: Yes

Health and Insurance Coverage
Death: Yes
Total Permanent Disability: Yes
Terminal Illness: Yes
Critical Illness: No
Early Critical Illness: No

Health and Insurance Coverage Multiplier
Death: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No

Optional Add-on Riders
No

Additional Features and Benefits
Yes.

For further information and details, refer to Manulife website. Alternatively, fill up the form below and let us advise accordingly.

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Manulife WealthGen may be suitable if you are looking for

Manulife WealthGen may potentially be a good fit if the following matters to you:

• A hassle-free application without medical underwriting
• Regular cash payout for income supplement
• To potentially generate higher financial returns compared to bank accounts
• Insurance policy with a high surrender value in the early years of the policy

Manulife WealthGen may not be suitable if you are looking for

Manulife WealthGen may potentially be a bad fit if the following matters to you:

• Health and Protection coverage
• High insurance coverage for Death or Terminal Illness
• High insurance coverage for Early Critical Illness, Critical Illness or Total Permanent Disability
• Potentially higher financial returns compared to a pure investment product.

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Further considerations on Manulife WealthGen

• How are Manulife or Manulife WealthGen investment returns based on historical performance?
• How does Manulife WealthGen compare with Endowment policies from other insurance companies?
• Can Manulife WealthGen fulfill my financial, insurance, health, and protection needs?

The above information may not fully highlight all the product details and features on Manulife WealthGen. Talk to us or seek advice from a financial adviser before making any decision about Manulife WealthGen.

Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.

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Is Manulife WealthGen suitable for me?