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Tag: MCBL

  • Manulife and MCBL Launch Limited-offer Wealth Management Product Wealth Guarantee

    Manulife and MCBL Launch Limited-offer Wealth Management Product Wealth Guarantee

    Manulife and Manulife China Bank Life (MCBL) announce the launch of Wealth Guarantee, a new single-payment insurance plan that aims to help customers grow their wealth in six years through a comprehensive savings plan.

    Wealth Guarantee is a medium-term wealth management product that grants policyholders yearly payouts of up to 4.5% over six years with 100% capital return. Wealth Guarantee also provides 125% life protection coverage, ensuring that policyholders are adequately protected during the plan’s six-year term.

    “At Manulife, we are dedicated to continuously providing our customers with products and services that fit their unique financial needs and goals. We recognize the hard work that Filipinos put in to secure their envisioned future, and we aim to be their trusted partner in achieving financial freedom. Our latest offering — Wealth Guarantee — is designed to bring customers one step closer to that dream,” said Rahul Hora, President and Chief Executive Officer, Manulife Philippines.  

    “Through Wealth Guarantee, we are giving Filipinos an investment plan option that offers competitive guaranteed returns and valuable life insurance protection, enabling them to diversify their portfolio and gain financial security,” Hora added.

    Wealth Guarantee is suited for investors interested in a medium-term savings plan, and for those looking to build their legacies for future generations.

    Wealth Guarantee will be available for a limited time beginning November 11, 2024, through Manulife financial advisors. It can also be availed through Manulife’s financial sales associates based in China Bank branches nationwide.

    About Manulife

    Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we provide financial advice and insurance, operating as Manulife across Canada, Asia, and Europe, and primarily as John Hancock in the United States. Through Manulife Investment Management, the global brand for our Global Wealth and Asset Management segment, we serve individuals, institutions, and retirement plan members worldwide. At the end of 2023, we had more than 38,000 employees, over 98,000 agents, and thousands of distribution partners, serving over 35 million customers. We trade as ‘MFC’ on the Toronto, New York, and the Philippine stock exchanges, and under ‘945’ in Hong Kong.

    Not all offerings are available in all jurisdictions. For additional information, please visit manulife.com.

  • Manulife and MCBL Receive Golden Arrow Awards for Corporate Governance

    Manulife and MCBL Receive Golden Arrow Awards for Corporate Governance

    Manulife Philippines and Manulife China Bank Life Assurance Corporation (MCBL) recently won two Golden Arrow Awards for exemplary performance in corporate governance.

    The awards were given by the Institute of Corporate Directors at their Global Governance Summit held on September 19, 2024.

    The Institute of Corporate Directors (ICD) recognizes publicly listed corporations that have exhibited observable conformance with the Philippine Code of Corporate Governance and internationally recommended corporate governance practices promoted by the ASEAN Corporate Governance Scorecard (ACGS) and Corporate Governance Scorecard (CGS).

    The ACGS and CGS measure fair stakeholder treatment, accountability and transparency, and board effectiveness on the strategic management of a company, based on publicly available disclosures.

    “Awards like these are a testament to the work we are doing to ensure good corporate governance and stakeholder engagement for Manulife Philippines and MCBL. We are honored to once again receive the Golden Arrow Awards from the Institute of Corporate Directors, and remain steadfast in our commitment to doing honest work for our stakeholders and communities,” said Rahul Hora, President and Chief Executive Officer, Manulife Philippines.

    “We are in a business of trust, so it is our duty to all our stakeholders — from our customers to our shareholders — to operate with transparency and accountability and observe fair and equitable corporate practices. We are dedicated to providing holistic financial solutions that enable Filipinos to achieve financial security and live better every day,” Hora added.  

    Through the Golden Arrow awards, the ICD aims to raise the standards of corporate governance toward local companies and make Philippine companies more attractive to investors.