Manulife Goal 2023 (II) Review

The complete Pros and Cons on Manulife Goal 2023 (II)

Manulife Goal 2023 (II) is a single premium 2-year endowment savings plan starting from S$5,000 payable using Cash or SRS.

Manulife Goal 2023 (II) product details

  • Life policy – Endowment and Saving policy
  • Premium & Policy Term
    • Single premium 2-year endowment savings policy term
  • Investment Required
    • Start from as low as S$5,000 by Cash or use your Supplementary Retirement Scheme (SRS)
  • Capital Guaranteed
    • Get at least 100% of your capital back upon policy maturity
  • Investment Returns – At the end of the 2 years policy term
    • Receive guaranteed returns of 6.84% upon maturity and
    • Potential maturity bonus of 0.70% of your single premium
  • Death Coverage
    • Be covered against death at 101% of your single premium
  • Ease of Application
    • Easy Application with No Health Check-ups

Read aboutEndowment and Saving policy: How does it work?

Read aboutEndowment and Saving policy: Is it the best option?

Features of Manulife Goal 2023 (II) at a glance

Cash and Cash Withdrawal Benefits

Cash value: Yes
Cash withdrawal benefits: No

Health and Insurance Coverage

Death: Yes
Total Permanent Disability: No
Terminal Illness: No
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


Additional Features and Benefits


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

Read aboutEffects of compounding returns on your saving

Read aboutWhere do I start with financial planning

Manulife Goal 2023 (II) may be suitable if you are looking for

Manulife Goal 2023 (II) may potentially be a good fit if the following matters to you:

  • A hassle-free application without medical underwriting
  • Short-term endowment savings plan (2 years)
  • To potentially generate higher financial returns compared to bank accounts
  • A one-time premium commitment with no further cash commitment

Manulife Goal 2023 (II) may not be suitable if you are looking for

Manulife Goal 2023 (II) may potentially be a bad fit if the following matters to you:

  • Liquidity or flexibility of withdrawal in your Insurance policy.
  • High insurance coverage for Death
  • Insurance coverage for Terminal Illness, Early Critical Illness, Critical Illness, or Total Permanent Disability
  • Lifetime regular cash payout
  • Potentially higher financial returns compared to a pure investment product.
  • Insurance policy with a high surrender value in the early years of the policy.

Read AboutHow can I accumulate a million dollar (Realistically)

Further considerations on Manulife Goal 2023 (II)

  • How is Manulife or Manulife Goal 2023 (II) investment returns based on historical performance?
  • How does Manulife Goal 2023 (II) compare with Endowment policies from other insurance companies?
  • Can Manulife Goal 2023 (II) fulfill my financial, insurance, health, and protection needs?

The above information may not fully highlight all the product details and features of Manulife Goal 2023 (II). Talk to us or seek advice from a financial adviser before making any decision on Manulife Goal 2023 (II).

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

Read aboutHow can I accumulate a million dollar (Realistically)

Read About3 best Savings plans and endowment policies in Singapore (updated 2023)

Where can I compare the payout and benefits of saving plans and endowment policies?

Before committing to an insurance policy, it certainly pays to make an effort to compare. Specific product features, benefits, and payouts will differ more than you think across insurance companies. Why regret only years later, when you find out that you are not getting the best insurance policy available for the premium paid?

Use our Compare NOW feature to receive the most competitive quotes on saving plans and endowment policies.

Alternatively, you just need to provide us with a couple of details below.

Is Manulife Goal 2023 (II) suitable for me?

Contact InterestGuru using the form below. Our panel of licensed financial advisers will advise accordingly, based on your financial profile and protection needs.

All financial reviews and proposals provided are 100% free of charge. There will be no obligation to take up any proposed financial products or services in any way.

*For a limited time, get attractive incentives when you take up any products that is proposed by our team of financial planners.

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Before you go...
Manulife Goal 2023 (II) may be a good fit towards your current financial goals. However, there could be way more plans out there with features and/ or benefits that could be more relevant to you at a lower cost.
Drop us a message and find out about customised options across multiple insurance companies. You deserve to get the best out of your hard-earned savings!
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