Manulife InvestReady III Review

Manulife InvestReady III is featured in our 6 Best Investment Linked Policies (ILPs) in Singapore (2024)

Manulife InvestReady III is an investment-focused investment-linked policy. All premiums paid go into growing your investment portfolio. Enjoy bonuses at the start and throughout your investment journey.

Manulife InvestReady III product details

• Life Policy – Investment-linked policy
• Investment Focused ILP
  • 100% of regular basic premiums paid are invested in fund(s) units
• Multiple Bonuses
  • Welcome Bonus
    • Enjoy welcome bonuses in the form of additional units in the first policy year to kickstart your investment
  • Annual Premium Bonus
    • Receive additional bonus units if you choose to pay premiums annually
  • Loyalty Bonus
    • Receive yearly loyalty bonuses after the end of your chosen Minimum Investment Period (MIP)
• Investment Flexibility – you have the option to
  • Change regular basic premium
  • Top-up additional premium and
  • Withdraw any accumulated reinvested dividends at any time
• Portfolio Diversification
  • Select from a diverse range of funds to build an effective portfolio to achieve your financial goal
• Receive Payouts
  • Receive potential income starting from the 1st policy year when you invest in dividend-paying funds
• Death and Terminal Illness Coverage
  • Be covered against Death and Terminal Illness the higher of 101% of total premiums paid or the account value
• Optional Riders
  • Various riders are available to waive premiums in the event of cancer, critical illness, terminal illness, and total and permanent disability
    
    

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

Read about: 6 Best Investment Linked Policies in Singapore (Updated)

Features of Manulife InvestReady III at a glance

Cash and Cash Withdrawal Benefits
Cash value: Yes
Cash withdrawal benefits: Yes

Health and Insurance Coverage
Death: No
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
No

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 InvestReady III may be suitable if you are looking for

Manulife InvestReady III may potentially be a good fit if the following matters to you:

• To participate in the long-term financial returns of investing
• A full-forced investment-linked policy with no insurance coverage
• Able to take investment risks and comfortable with financial market volatility.
• Potentially higher financial returns compared to traditional Endowment and Whole Life policies.
• Insurance options without medical underwriting
  
  

Read about: An introduction to Investment Linked Policy

Manulife InvestReady III may not be suitable if you are looking for

Manulife InvestReady III may potentially be a bad fit if the following matters to you:

• Health and Protection coverage
• High Death and Terminal Illness coverage
• Insurance coverage for Early Critical Illness, Critical Illness or Total Permanent Disability
• 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.
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Further considerations on Manulife InvestReady III

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

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

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

Is Manulife InvestReady III suitable for me?