The insurer launches a new product | Rizal Raul Reyes
Life Insurance Manufacturers Co. Philippines Inc. (Manulife PHL) last Friday launched a single benefit life insurance plan that will invest in various funds.
Manulife PHL President and CEO Rahul Khor said in a statement that the product, which the firm calls “WealthOne”, provides customers with “flexible life insurance that can reach up to 500 percent of their one-time premium, as well as a guaranteed initial bonus of up to 1.5 percent.”
Hora added that customers can expand their coverage by adding security benefits.
He also added that they can choose from a wide range of local and global investment funds to diversify and maximize their earning potential.