Two comprehensive savings plans that let customers prioritize guaranteed returns or potential growth
HONG KONG, Jan. 7, 2019 /PRNewswire/ -- Manulife Hong Kong has launched two savings plans that help customers prioritize guaranteed returns or potential growth as they build wealth for the future. Customers can either choose ManuGrand Saver which offers them a higher guaranteed cash value for extra stability, or ManuImperial Saver for a higher non-guaranteed cash value for a potential higher return.
ManuGrand Saver suits those who value certainty in their financial planning while ManuImperial Saver targets those with a higher risk appetite. Both plans give customers the flexibility to lock in or withdraw gains, and an option to pass on their wealth to the next generation, along with life protection.
Wilton Kee, Chief Product Officer for Individual Financial Products at Manulife Hong Kong, said, "Wealth accumulation is one of the key pillars of financial planning. But it is rarely straightforward, as one's financial needs and priorities change at different life stages. With our new savings plans, you can choose a plan that suits your goals and your needs. Either way, you can grow your wealth with flexible options to realize gains, while also enjoying extra peace of mind through life protection for your family."
Both plans offer three ways for potential long-term savings. Customers can accumulate wealth steadily with guaranteed cash value; regularly with non-guaranteed annual dividends; and in the long term with a terminal bonus. In addition, customers also enjoy a range of flexible options during the saving period, which include:
The ManuGrand Saver and ManuImperial Saver plans offer customers extra peace of mind with additional features. In addition to life protection, if the life insured passes away due to an accident within the first 5 policy years, an additional Accidental Death Benefit is payable to help relieve the financial burden on the family. It will be paid at an amount that is equal to 100% of the aggregate sum of relevant premium due and paid.
"We all have dreams: a comfortable home, our own business, or the best possible education for a beloved child. But to make these dreams a reality in the future, we need to get ready by putting the right savings solution in place as early as we can. Offering you a path to long-term savings, Manulife helps you grow your wealth to reach your life goals and even pass your wealth to future generations," said Mr. Kee. "No matter how far ahead you're looking, we can help you move forward with confidence."
For more details about ManuGrand Saver, please visit here. For more details about ManuImperial Saver, please visit here.
About Manulife Hong Kong
Manulife Hong Kong offers a diverse range of protection and wealth products and services to individual and corporate customers via Manulife (International) Limited, Manulife Asset Management (Hong Kong) Limited and Manulife Provident Funds Trust Company Limited, which are members of the Manulife group of companies.
About Manulife
Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. We operate primarily as John Hancock in the United States and Manulife elsewhere. We provide financial advice, insurance, as well as wealth and asset management solutions for individuals, groups and institutions. At the end of 2017, we had about 35,000 employees, 73,000 agents, and thousands of distribution partners, serving more than 26 million customers. As of September 30, 2018, we had over C$1.1 trillion (HK$6.8 trillion) in assets under management and administration, and in the previous 12 months we made C$27.6 billion in payments to our customers. Our principal operations are in Asia, Canada and the United States where we have served customers for more than 100 years. With our global headquarters in Toronto, Canada, we trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong.