Guaranteed Retirement Income Plan

To lead a wonderful and comfortable life, you need to have a careful financial planning. So, you have worked hard, and kept saving to secure the future that you have in your mind.

You need a plan that delivers a guaranteed income which can be drawn regularly, or be accumulated for retirement just when you want it. Guaranteed Retirement Income Plan (GRIP) is specially designed to cater to your needs.

Key Features

* A promise to pay a guaranteed monthly retirement income for 10 or 15 years. 

* Flexible means of income withdrawal:
Option 1: Guaranteed retirement income - Receive a Guaranteed Income on a monthly basis
Option 2: Complete rollover - Accumulate the Guaranteed Income and dividends with Manulife to earn interest

Alternatively, you may withdraw the policy value as a lump sum at the end of the premium paying period for further financial flexibility. You may also defer or extend the withdrawal period.

* During the premium paying period, a refund of basic plan premium with interest compounded at 1.8% p.a. is payable upon death. Once Guaranteed Income commences, your beneficiary may choose to receive the guaranteed cash value or continue to receive the remainder of the Guaranteed Income.

* Option to defer premium payments for up to 2 years by applying for a Premium Holiday.

Guaranteed Retirement Income Plan is an insurance product underwritten by Manulife (International) Limited.  This webpage is for reference only.  For the exact terms and conditions, please refer to the policy contract.

Manulife provides sound advice, sound decisions. For more information about this product or any other Manulife products or services, Contact Us.

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