Life Insurance

Protect against the loss of key personnel and guarantors

Life Insurance

Protect against the loss of key personnel and guarantors

At a Glance
Purchasing life insurance can help to protect a business of any size or turnover while providing credit protection to ensure the business continues to grow.
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Your protection needs

Identify your needs with the help from Corporate Bancassurance Managers who specialise in business insurance solutions

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Wide range of solutions

Choose from Term Life to Endowment, underwritten by Manulife, to suit your unique business needs

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Reduce your risk

Protect against the loss of key personnel or guarantors, regardless of your business


Protect your business with a wide range of life insurance solutions.

Life Insurance
The right solution can help to transfer the financial risk of an unexpected loss or disablement of a key decision-maker to the insurance company.

Choose from:

  • Whole-life Insurance
  • Reducing Term Life Insurance
  • Level-term Life Insurance
  • Endowment Plans

Term Life Insurance
Term Life Insurance is a non-participating life insurance product that usually does not offer or accumulate cash value. It is commonly used for business protection.

  • Provides additional protection for a pre-selected number of years to protect against the sudden loss or incapacitation of the key person
  • Offers a payout in the event of death or terminal illness
How it Works

How key person protection works infographics

How credit protections works infographics

How to Apply
Arrange for a Corporate Bancassurance Manager to call you, or contact your Relationship Manager for more details.
What do Life Insurance products protect against?

Life Insurance protects against a range of trigger events such as death and terminal illness.

Should I buy Life Insurance? Who does it insure?

Life Insurance is a good way to protect your cash flow against the sudden loss of a key person. If a robust continuity plan is not in place, this can alter the future of your business. You can also use Life Insurance to fund buy-sell planning, as a form of an executive bonus, and to add an alternative asset class to your company’s portfolio.

Are there any exclusions?

There are certain conditions under which no benefits are payable. For example, suicide within 1 year from the policy issue date.

Details of exclusions are available in the relevant product summary, which is available on request.

Can I change my mind after I have signed up?

Yes, the plan can be cancelled by writing to the commercial insurance company within 14 days from the date you receive your policy document.

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Important notes