Variable Life Insurance products combine life insurance with investment features, so a portion of the insurance premiums are invested into a designated investment fund or funds.
Live your life to the fullest with the right life insurance and investment plan. Manulife’s wealth management strategy helps you achieve your financial goals with ease.
With variable life insurance policies, part of your payment goes to buying units from different investment funds, allowing you to participate in the potentially higher yields of stocks and bonds and thereby likely increasing the long term value of your savings. You may even be allowed to increase or “top up” your plans, enabling you to boost your savings profiles even further.
It’s a good investment to buy insurance and investment while you’re young, because the younger you are, the lower your insurance premiums, and the more time you allow your funds to grow. Your insurance policy will accumulate cash value over time.