Manulife China Bank Life Assurance Corporation (MCBL), the bancassurance partnership between Manulife and China Bank, launched AssureMax, a life insurance plan with protection benefits and guaranteed returns.
Through this, MCBL aims to help Filipinos have access to funds that can be used for education, businesses, passions, for retirement, and other future financial needs.
Available in 5-year and 10-year payment terms, MCBL AssureMax offers life protection equal to 200% of the face amount, a 10% guaranteed cash payout of the face amount every two years starting at the end of the 7th year for the 5-year variant, and starting at the end of the 11th year for the 10-year variant.
MCBL AssureMax is available in two basic plans: AssureMax 20 for ages 0-65 and AssureMax 65 for ages 0-45, with a benefit period of 20 years or up to age 65.
It also brings a guaranteed maturity benefit equal to 100% of the face amount at the end of the policy term, pre-selected or optional riders including accidental death benefits, payor’s benefits, hospital income benefits, and other non-guaranteed benefits.
MCBL president Neil Bowyer said AssureMax is tailor-fit for those who want to grow investments and diversify their financial portfolios.
“With high protection and guaranteed returns offered by AssureMax, we want to provide Filipinos a smarter way to save, wherever they may be in their life journey,” he said. “AssureMax is designed for our customers who aim to save up to purchase a new home, finance their children’s education or prepare for their retirement while ensuring insurance coverage.”
Know more about AssureMax at www.manulife-chinabank.com.ph.
