Manulife InvestReady (III) ILP is a whole-life regular premium investment-linked plan that offers access to over 100 funds including dividend-paying funds for a stream of potential income.
100% of your regular basic premiums paid will be invested in fund(s) units, this is to make your investment work harder.
There are 3 types of bonuses – Welcome Bonus, Annual Premium Bonus, and Loyalty Bonus which come in the form of additional units.
The option to vary your regular basic premium (Terms & Conditions apply), top up your premium and withdraw the accumulated reinvested dividends (if any) at any time; offers flexibility to your investment plan.
With over 100 funds to choose from, build an effective portfolio that is diversified to achieve your financial goals.
Selecting dividend paying funds allows you to receive potential income starting from the first year.
There is also death coverage of the higher of 101% of your total premiums paid or account value.
Some things to note. This post will get dated. And the product might not be available for new subscriptions at some point. Hopefully this serves as reference for future policyholders who have forgotten what they have taken up.
Manulife InvestReady (III) may or may not fit into your financial plans. Understand that there is no best plan for all time, but there is a method to objectively facilitate your decisions. Read more about it here.