Manulife Signature Income III is a single premium participating whole-life policy providing insurance coverage and investing part of your premium contributions into participating funds.
Although this is marketed as a whole-life policy, the Manulife Signature Income III is catered to legacy planning, allowing you to leave a monthly income for yourself and your kids, and a lump sum amount for your grandchildren.
As with other par plans, it includes guaranteed and non-guaranteed portions and may not be appropriate if you want all the benefits guaranteed.
Here is our review of the Manulife Signature Income III.
Let’s look at the features, benefits, and other valuable information to help you decide if it’s the right option.
...Criteria
- The life insured has to be minimally 18 years old
- There is a minimum monthly guaranteed payout of $250
- Thus, the minimum single premium investment is $241,778.497
Investment of Assets
The goal of the investment strategy of Manulife Signature Income III’s
