MANILA, PHILIPPINES — Manulife Philippines, in partnership with Manulife China Bank Life Assurance Corporation (MCBL), has introduced Manulife GoalReady, a peso-denominated variable unit-linked (VUL) insurance plan designed to help Filipinos bridge the gap between their aspirations and life goals. The plan combines life insurance coverage with flexible payment options, diverse investment fund choices, and long-term rewards.
Developed in response to the Manulife Asia Care Survey, which revealed that Filipinos remain optimistic but face challenges in achieving financial security, health, and overall wellbeing, GoalReady empowers customers to take proactive steps in shaping their financial future.
“At Manulife, we are committed to helping our customers achieve their life goals confidently. Our new Manulife GoalReady plan empowers customers in the Philippines to take control of their financial future—by making their money work harder through smart diversification and consistent investing. Amid global economic and socio-political shifts, our Filipino customers can navigate financial uncertainties with a plan that can help them secure their future while maximizing investment potential,” said Rahul Hora, President and Chief Executive Officer, Manulife Philippines.
“With life insurance coverage and flexible payment terms, Manulife GoalReady can enable customers to proactively plan toward their desired future, whether it’s preparing for early retirement, funding their children’s education, or building their dream business,” Hora added.
The key features of the plan include:
- Life insurance coverage until age 99, with optional health and protection riders for added security in cases of disability or hospitalization.
- Diverse investment opportunities, managed by Manulife Investment Management, including top-performing funds such as the Global Multi-Asset Income Fund for income generation and the Global Market Leaders Fund for growth and protection.
- Long-term rewards, with loyalty bonuses starting as early as the sixth year—earlier than most similar products—providing a 1.75% fund value bonus from years 6 to 10, and continued bonuses from year 11 onwards.
- Flexible payment options, allowing customers to choose between Regular Pay (minimum PHP24,000 annually) and 5-Pay (minimum PHP60,000 annually), enabling them to align their investment journey with their unique financial capacity.
To complement the plan, the Manulife GoalReady calculator helps customers estimate how much they need to save based on their budget, financial goals, and protection needs.
Manulife GoalReady is available through Manulife financial advisors and MCBL financial sales associates in Chinabank and China Bank Savings branches nationwide.
