Insurance
Manulife ReadyBuilder Review
By Singapore Financial Planners  •  May 31, 2021
The Manulife ReadyBuilder is classified as a savings endowment plan which provides you with much flexibility with withdrawals and the option to transfer to your children. Criteria
  • Minimum premium of S$1,159.33 yearly.
  • No medical underwriting needed.
Features Policy Terms Under Manulife ReadyBuilder, you can choose from 4 premium payment terms 5, 10, 15, or 20 years. If you can afford to, Manulife also accepts a single lump-sum premium payment under this plan. The table below shows the corresponding minimum premium amount for your selected payment term.
Premium payment term Minimum annual premium amount (S$) Minimum sum assured (S$)
Single 9,909.09 10,900
5 years 4,645.22 25,200
10 years 2,325.79 24,500
15 years 1,741.94 24,300
20 years 1,159.33 19,200
The above table is set out under the assumption that the person insured is a 24-year-old female, who is a non-smoker....
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By Singapore Financial Planners
We believe in the power of financial literacy. It’s unfortunate that schools do not provide crucial life lessons like financial planning. Thus, we created Singapore Financial Planners to create a space where we provide financial education so that you can make an informed decision.
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