Manulife IncomeGen (II)

At a Glance

Enjoy a lifetime of monthly income up to age 120

Choice between two premium payment terms - 3 or 5 years

Get peace of mind as future premiums are waived & coverage will continue if the unfortunate happens

Manulife IncomeGen (II) is a whole-life insurance plan that allows you to enjoy a stream of monthly income up to age 120, with 3 or 5 years of premium payments.Live ChatChat with our friendly Wealth Planning Managers now (chat service is available from 9am to 6pm on Monday to Friday, excluding Public Holidays).

Features & BenefitsRegular stream of income

Enjoy lifetime monthly income⁴ from end of 49^th or 61^st policy month up to age 120, depending on selected premium payment term

Premium payment term	Income payout starting from
3 years	End of 49^th policy month
5 years	End of 61^st policy month

Receive maturity benefit payout upon policy matures at age 120

Short financial commitment

Choice of 2 premium payment terms - 3 or 5 years

Peace of Mind

Be covered for death¹ and terminal illness up to age 120

Get an extra lump sum payout⁵ when faced with a terminal cancer diagnosis, providing support to you during this difficult time

Get your premiums waived upon total and permanent disability during your premium payment term, while your coverage continues

Flexibility

Option to change the life insured³ to your loved ones

Easy application with no health check-ups

Guaranteed acceptance with no health questions asked

How it works

Footnotes

Terms and conditions apply. Please refer to Product Summary for more information about this insurance plan.¹ If the life insured dies while the policy is still in force, Manulife will pay the following in one lump sum after taking off any amount you owe us:

The higher of:

101% of the total premiums paid to date (excluding any advance premium); or
the guaranteed surrender value;

The non-guaranteed claim bonus (if any); and

Any monthly income which has built up with interest (if not previously withdrawn).

² Transfer of policy ownership via assignment is allowed anytime while the policy is in force. The assignee must be at least 18 years old.³ After 2 policy years, the policy owner may request to change the life insured up to 2 times during the policy term. Subject to insurable interest and any other terms and conditions as set out in the policy contract.⁴ Lifetime monthly income consists of guaranteed and non-guaranteed monthly income. Guaranteed monthly income is equal to 0.81% of the sum insured divided by 12. Based on illustrated investment rate of return of 4.25% p.a., non-guaranteed monthly income is equal to 2.43% of the sum insured divided by 12 and based on illustrated investment rate of return of 3.00% p.a., non-guaranteed monthly income is equal to 1.17% of the sum insured divided by 12.⁵ In the event the life insured is diagnosed with terminal cancer before the policy anniversary immediately aﬅer his or her 75th birthday during policy term and survived for at least 7 days from the date of diagnosis, subject to 1-year waiting period commencing from the policy issue date, the most recent date Manulife approved the change of life insured or date of the most recent policy reinstatement (whichever is later), Manulife will pay an additional lump sum amount depending on the chosen premium payment term as follows, after taking off any policy debt:

30% of annual mode premium for 3-year premium payment term;

50% of annual mode premium for 5-year premium payment term.

This advertisement has not been reviewed by the Monetary Authority of Singapore.Information is correct as at 14 April 2024.DBS Insurance Important Notes

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