Manulife ManuInvest Duo Review

Manulife ManuInvest Duo is featured in our 6 Best Investment Linked Policies (ILPs) in Singapore (2024)

Manulife ManuInvest Duo is an investment-linked policy that helps you achieve both your wealth accumulation and protection goals. Choose a minimum investment period of 10, 15, or 20 years.

Manulife ManuInvest Duo product details

• Life Policy – Investment-linked policy
• Minimum Investment Period (MIP)
  • You can choose to pay premiums for 10, 15, 20 years
• Minimum Premium; if you chose
  • 10 years MIP – $3,600
  • 15 years MIP – $2,400
  • 20 years MIP – $1,800
• Additional premium top-ups
  • Minimum $500 per fund
    
    

Wealth Accumulation

• Welcome Bonus
  • Receive a boost to your investment, the higher your choice of coverage and longer the Minimum Investment Period, the higher your Welcome Bonus
• Full Force Investments
  • All of your regular basic premiums will be put into purchasing funds
• Loyalty Bonus
  • Awarded every year from policy year 7 onwards, increases to up to 0.8% after the end of your chosen Minimum Investment Period
• Regular Payouts
  • You can choose to invest in dividend-paying funds to get a regular stream of income
    
    

Protection

• Coverage
  • You can choose your protection amount up to 100x of your first-year premium against Death, Terminal Illness, and Total and Permanent Disability
• Partial Withdrawal
  • You may perform partial withdrawals  subjected to charges and transactional fees
• Premium Flexibility
  • In times of emergency, you can take a break from paying premiums for a period of up to 24, 36, or 48 months, depending on your chosen Minimum Investment Period.
• Optional add-ons
  • Critical Illness and  Early Critical Illness Coverage
    
    

Read about: How does Investment-Linked Policy work?

Read About: Investment-Linked Policy: Is it the best option?

Features of Manulife ManuInvest Duo 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
Critical Illness and Early Critical Illness coverage

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.

Read About: Effects of compounding returns on your investments

Manulife ManuInvest Duo may be suitable if you are looking for

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

• Health and Protection coverage
• High insurance coverage for Death or Terminal Illness
• Insurance coverage for Early Critical Illness, Critical Illness or Total Permanent Disability
• To participate in the long-term financial returns of investing.
• Liquidity or flexibility of withdrawal in your Insurance policy.
• Able to take investment risks and comfortable with financial market volatility.
• Potentially higher financial returns compared to traditional Endowment and Whole Life Policy.
  
  

Read about: An introduction to Investment-Linked Policy

Manulife ManuInvest Duo may not suitable if you are looking for

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

• Insurance options without medical underwriting
• Guaranteed financial returns in the long-run.
• Insurance policy with a high surrender value in the early years of the policy.
• Expecting an urgent need for withdrawal during a financial market downturn.
  
  

Further considerations on Manulife ManuInvest Duo

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

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

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

Read About: How can I accumulate a million dollar (Realistically)

Read About: 6 best Investment Linked Policies in Singapore for Wealth Accmulation (Updated)

Is Manulife ManuInvest Duo suitable for me?