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KJ How do I maxmise my interest from the Multiplier account?
Is it advisable to buy a new insurance policy after 12 months of premiums just to fulfill the "insurance" component of the multiplier account?
Are there better alternatives?
Replies
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Hi KJ! When it comes to insurance, it's best to select and purchase based on your needs vs. using it to unlock a higher tier of interest for Multiplier!
However, the good news is that there's a range of eligible plans for Multiplier and you're likely to find something to fit your protection needs:
- CancerCare
- Critical SelectCare
- eCriticalCare
- eDecreasingTerm
- LifeReady Plus
- ManuEdu First
- Manulife SmartRetire (II)
- Manulife SmartWealth (II)
- Manulife Spring
- ManuInvest Assure
- ManuProtect Decreasing (II)
- ManuProtect Decreasing Lite (II)
- ManuProtect MoneyBack
- ManuProtect Term (II)
- ManuProtect Term Lite (II)
- Ready LifeIncome
- ReadyBuilder – Regular Premium
- ReadyPayout Plus
- RetireReady Plus (III) – Regular Premium
- SavvySpring
- TermProtect
Make sure to also check out our Learning Unit on the 4 Multiplier Categories here to check if you've fully maximised them.