Because her success will mean more to you than your own.
You worked hard to become who you are today. And now you have the power to help pave the way for your child’s success.
Grow your funds with ManuEdu First, an endowment plan that gives you fixed returns and payouts at every learning stage. So you can focus on what you do best—nurturing success.
With ManuEdu First, we can help you meet your needs for:
Mr. Koh, age 35, non-smoker, bought the plans for his children – Diane and Darren, with a Sum Insured5 of S$250,000 for each child. He pays the premiums yearly and chooses the Payout Age 18 and 20 for Diane and Darren respectively which will likely align with their University Year 1 expenses.
|Diane's Age||% of Sum Insured5||Darren's Age|
6th FCB (20%) = S$50,000
Mr. Koh can use the larger payouts (e.g. Year 1) to fund Diane and Darren's yearly University and living expenses.
|20||5th FCB (20%) = S$50,000||22|
|19||4th FCB (20%) = S$50,000||21|
|18||3rd FCB (40%) = S$100,000||20|
Mr. Koh can use the first 2 payouts for any educational related expenses. For instance, an overseas exchange program.
|17||2nd FCB (5%) = S$12,500||17|
|16||1st FCB (5%) = S$12,500||16|
|Total Premiums6 paid over 10 years||S$216,575|
|S$275,000||Total FCB Received (A)||S$275,000|
|S$110,430||Projected7 bonuses at maturity (B)||S$133,598|
Mr. Koh gifts ManuEdu First to Diane and Darren to mark their achievements.
|S$385,430||Projected Total Benefits8 (A+B)||S$408,598|
With ManuEdu First, you only need to pay 10 years of fixed premiums. The earlier you start saving, the lower your monthly premiums.
|Newborn child||Child at entry age 5|
The above is only for illustrative purposes and figures are rounded up to the next dollar.
Your child’s education should continue, no matter what happens to you. Adding these optional riders to your ManuEdu First plan will ensure that you will be able to take care of their education financing.
|Optional Rider||In the event of||Waiver of |
|Lump sum |
Level Term Rider
Please see the Product Summary of the respective riders for details.
1 Applicable only if the policy is without any optional rider and is held to maturity with no policy alterations (e.g.: reduced in Sum Insured and reduced paid-up).
2 The fixed returns vary depending on the age, Sum Insured, policy term, premium payment frequency and payout age. The fixed returns of up to 1.43% per annum are only upon policy maturity. It is based on a newborn child, Payout Age 20 Age Last Birthday, Sum Insured of S$100,000, paying annual premium and receiving the yearly Fixed Cash Benefits (FCB).
3 The current interest rate is 3% per annum. It is non-guaranteed and is subject to change by Manulife (Singapore) Pte. Ltd. ("Manulife") with 30 days’ advance notice to the Policy Owner.
4 If the child (Life Insured) dies or is diagnosed with TI during the policy term, Manulife will pay the death benefit in a lump sum, less any amount owed to Manulife as follows:
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