Insurance Plans Available in Manulife Singapore

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Manulife Singapore Insurance Plans – My Full Guide to Their Smart, Modern Coverage

When it comes to insurance that’s designed with long-term financial planning in mind, Manulife Singapore definitely stands out. With over 130 years of international experience and a strong local presence, Manulife has quietly built a reputation for offering practical, investment-savvy, and protection-rich insurance plans that suit both young professionals and mature investors.

What I really appreciate about Manulife is that their plans go beyond just protection—they’re built to align with real-life goals like wealth accumulation, children’s education, early retirement, or legacy planning. So here’s my detailed breakdown of each major insurance plan offered by Manulife Singapore, written clearly so you can understand the value behind each one.

🔵 1. Life Protection Plans – Long-Term Peace of Mind

✅ Manulife LifeReady Plus (II)

  • A whole life insurance plan with coverage up to age 120

  • Includes protection for death, terminal illness, and total & permanent disability (TPD)

  • Offers early and advanced stage critical illness riders

  • Allows multiples of sum assured with booster benefits

  • Flexible premium terms: 10, 15, 20, or up to age 70

✅ Manulife Term Life

  • Straightforward term insurance with affordable premiums

  • Coverage term options: 5, 10, 20 years, or up to age 65/75

  • Riders available for critical illness and TPD

  • Ideal for young working adults or mortgage protection

🟡 2. Critical Illness Protection Plans – For Early & Multiple Claims

✅ Manulife CI FlexiCare

  • Covers early, intermediate, and late-stage critical illness

  • Lump sum payout upon diagnosis

  • Protects against over 100 conditions

  • Choose between single or multi-claim options

  • One of Manulife’s most customisable CI products

✅ Manulife Ready CompleteCare

  • Includes multi-payouts across different stages of critical illness

  • Reset benefit feature allows future claims after recovery

  • Early stage payouts don’t affect late-stage protection

  • Supports major illnesses like cancer, stroke, heart attack

🟢 3. Hospitalisation & Health Insurance Plans

✅ Manulife Shield

  • An Integrated Shield Plan that boosts your MediShield Life

  • Covers stays in public (Class A/B1) and private hospitals

  • Includes pre- and post-hospitalisation treatment, surgery, and specialist care

  • Three plan levels to match different needs and budgets

✅ Manulife Shield Riders (Inpatient Care Rider & Outpatient Care Rider)

  • Riders to reduce out-of-pocket expenses under Manulife Shield

  • Covers deductibles and co-insurance

  • Caps co-payment at 5%

  • Enhanced access to private specialists

🔴 4. Savings & Endowment Plans – Achieve Future Goals Confidently

✅ Manulife GoalSaver

  • Guaranteed lump sum at maturity

  • Choose payout age based on your savings goals (education, home, wedding)

  • Potential bonuses boost returns

  • Life insurance protection included during savings period

✅ Manulife SmartRetire (III)

  • Retirement-focused endowment plan

  • Monthly income stream upon retirement age (e.g., 55, 60, 65)

  • Guaranteed income + non-guaranteed bonuses

  • Covers death and TPD during accumulation phase

  • Flexible premium term and income duration

✅ Manulife ReadyBuilder (II)

  • Wealth accumulation with guaranteed maturity payout

  • Option for reinvestment bonuses

  • Cash bonuses can be withdrawn or reinvested yearly

  • Good for education planning or early retirement savings

Insurance Plans Available in Manulife Singapore

🟣 5. Investment-Linked Plans (ILPs) – Grow Your Wealth With Flexibility

✅ Manulife InvestReady Wealth (III)

  • Offers investment growth + life protection

  • Choose from over 80 curated investment funds

  • No lock-in period for regular premium plans

  • Capital guaranteed at selected policy milestones

  • Allows premium top-ups and partial withdrawals

✅ Manulife SmartWealth (II)

  • Hybrid ILP with investment-linked and guaranteed components

  • Includes insurance cover for death/TPD

  • Special bonuses for loyalty and long-term commitment

✅ Manulife Signature Income / Signature Income Plus

  • Single premium ILP with payout income + growth

  • Stable retirement-style monthly income

  • Suitable for lump-sum investors looking for income + capital appreciation

🧒 6. Children & Education Plans – Helping Them Start Strong

✅ Manulife Education Savings Plan

  • A variation of GoalSaver designed specifically for education milestones

  • Offers maturity payouts at university age

  • Can include riders to protect payer (parent) in case of illness or death

✅ CI Riders for Juveniles

  • Available to attach to child protection plans

  • Covers child-specific critical illnesses like juvenile cancers or autism spectrum disorders

  • Payouts help ease treatment and recovery costs

🧭 7. Retirement Plans – Monthly Income for Life’s Second Chapter

✅ Manulife SmartRetire (III)

  • Monthly retirement income stream

  • Pick payout age (55–70) and income duration (10, 15, 20 years or lifetime)

  • Protection during premium term

  • Maturity bonus + terminal bonus at end

✅ Manulife Signature Income

  • Best for those who prefer a single lump sum premium

  • Monthly income from year 1

  • Combines capital protection with bonus potential

  • Especially good for early retirees or seniors with CPF top-ups

🟠 8. Personal Accident & Lifestyle Protection

✅ Manulife ReadyProtect

  • Customisable personal accident and lifestyle risk plan

  • Covers accidents, injuries, infectious diseases, and travel risks

  • Multiple riders: child illness cover, hospitalisation, daily cash benefit

  • Lifestyle assistance for rehabilitation and home care

✅ Manulife ReadyCover

  • Affordable and flexible micro-insurance plan

  • Covers death, TPD, and selected illnesses

  • Popular for first-time insurance buyers or gig workers

Final Thoughts – Why I Rate Manulife Singapore Highly

One thing I’ve come to respect about Manulife Singapore is how they blend financial strategy with personal protection. Their investment-linked and endowment plans are particularly attractive for those like me who think long-term—whether it’s early retirement, education funding, or building passive income.

Their customisation options, wide fund selections, and goal-based product structures are excellent for anyone looking to match insurance to actual life plans, not just buy generic coverage.

If you want something that grows with you—and not just protects you—Manulife offers a portfolio worth exploring.

🔗 Official Website: https://www.manulife.com.sg


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