Manulife Goal 7 Review

The complete Pros and Cons on Manulife Goal 7

Manulife Goal 7 is a single premium 3-year endowment savings plan starting from S$10,000 payable using Cash or SRS with annual payouts and non-guaranteed maturity bonus.

Manulife Goal 7 product details

  • Life policy – Endowment and Saving policy
  • Single-premium 3-year endowment savings policy term
  • Start from as low as S$10,000 by Cash or use your Supplementary Retirement Scheme (SRS)
  • Death coverage 101% of single-premium paid
  • Hassle-free application with no health questions asked
  • Non-guaranteed maturity bonus upon policy maturity
  • Guaranteed Yearly Income
    • Receive annual payouts at the end of years 1 and 2, each payout amounting to 1.39% of the single premium paid
    • Choose to receive the payouts or reinvest at the non-guaranteed rate

Read aboutEndowment and Saving policy: How does it work?

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

Features of Manulife Goal 7 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, 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 7 may be suitable if you are looking for

Manulife Goal 7 may potentially be a good fit if the following matters to you:

  • A hassle-free application without medical underwriting
  • Short term endowment savings plan
  • Annual payouts from the end of the second year that can be reinvested to grow in value
  • To potentially generate higher financial returns compared to bank accounts
  • A one-time premium commitment with no further cash commitment

Manulife Goal 7 may not be suitable if you are looking for

Manulife Goal 7 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.
  • A one-time premium commitment with no further cash commitment

Read AboutHow can I accumulate a million dollar (Realistically)

Further considerations on Manulife Goal 7

  • How is  Manulife or Manulife Goal 7 investment returns based on historical performance?
  • How does Manulife Goal 7 compare with Endowment policy from other insurance companies?
  • Can Manulife Goal 7 fulfill my financial, insurance, health, and protection needs?

The above information may not fully highlight all the product details and features on Manulife Goal 7. Talk to us or seek advice from a financial adviser before making any decision about Manulife Goal 7.

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 Jan 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.

more on financial planning here
1 of 10

Is Manulife Goal 7 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.

We compare quotations head to head on all leading insurers in Singapore

Singapore insurance companies

more endowment savings plan here
1 of 61
Personalised savings plans

Maximise your wealth with the best savings plans!

3 easy steps for your customised insurance savings plan

Step 1: Getting to know you…

Let’s start with a brief introduction of your personal profile. This will allow us to adjust and provide the most relevant insurance savings plans for you.





Step 2: Understanding your savings needs…

Please select your savings preferences to allow us to optimise the financial returns of your savings plans:

You have a yearly savings budget (annual premium) of:

You intend to have a saving commitment for a period (premium term) of:


Step 3: Finding the best insurance savings plans for you! team of financial planners will compare and provide you with the best insurance savings plans based on your inputs.



Personalised savings plans


Before you go...
Manulife Goal 7 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!
Need help?
close slider

Need help?