November 11, 2024
MANILA, Philippines – Manulife and Manulife China Bank Life (MCBL) announce the launch of Wealth Guarantee, a new single-payment insurance plan that aims to help customers grow their wealth in seven years through a comprehensive savings plan.
Wealth Guarantee is a medium-term wealth management product that grants policyholders yearly payouts of up to 4.5% over seven years with 100% capital return. Wealth Guarantee also provides 125% life protection coverage, ensuring that policyholders are adequately protected during the plan’s seven-year term.
“At Manulife, we are dedicated to continuously providing our customers with products and services that fit their unique financial needs and goals. We recognize the hard work that Filipinos put in to secure their envisioned future, and we aim to be their trusted partner in achieving financial freedom. Our latest offering — Wealth Guarantee — is designed to bring customers one step closer to that dream,” said Rahul Hora, President and Chief Executive Officer, Manulife Philippines.
“Through Wealth Guarantee, we are giving Filipinos an investment plan option that offers competitive guaranteed returns and valuable life insurance protection, enabling them to diversify their portfolio and gain financial security,” Hora added.
Wealth Guarantee is suited for investors interested in a medium-term savings plan, and for those looking to build their legacies for future generations.
Wealth Guarantee will be available for a limited time beginning November 11, 2024, through Manulife financial advisors. It can also be availed through Manulife’s financial sales associates based in China Bank branches nationwide.
About Manulife Philippines
The Manufacturers Life Insurance Company opened its doors for business in the Philippines in 1907. Since then, Manulife’s Philippine Branch and later The Manufacturers Life Insurance Co. (Phils.), Inc. (Manulife Philippines) has grown to become one of the country’s leading life insurance companies. Manulife Philippines is a wholly owned domestic subsidiary of Manulife Financial Corporation, among the world’s largest life insurance companies by market capitalization. Learn more about Manulife Philippines by visiting their website manulife.com.ph and following them on Facebook (facebook.com/ManulifePH), Twitter (@ManulifePH), and Instagram (@manulifeph).
About Manulife
Manulife Financial Corporation is a leading international financial services provider that helps people make their decisions easier and live better. With our global headquarters in Toronto, Canada, we provide financial advice and insurance, operating as Manulife across Canada, Asia, and Europe, and primarily as John Hancock in the United States. Through Manulife Investment Management, the global brand for our Global Wealth and Asset Management segment, we serve individuals, institutions, and retirement plan members worldwide. At the end of 2023, we had more than 38,000 employees, over 98,000 agents, and thousands of distribution partners, serving over 35 million customers. We trade as ‘MFC’ on the Toronto, New York, and the Philippine stock exchanges, and under ‘945’ in Hong Kong.
Not all offerings are available in all jurisdictions. For additional information, please visit manulife.com.
Media Contacts:
John Robert Sion
Head of Communications and Corporate Affairs
Manulife Philippines
john_robert_sion@manulife.com
Shyla Reyes
Media Relations Director
M2.0 Communications
+63 9178475264
shyla.reyes@m2comms.com