Manulife Philippines Launches Education Fund Builder with Life Insurance

Manulife Philippines recently launched Manulife Education Builder, a new product that helps parents build their child’s education fund through investments in professionally-managed funds. The product also includes life insurance coverage, helping parents secure their child’s future, even in the event of unfortunate circumstances like death or disability.

With Manulife Education Builder, parents have the flexibility to choose the amount and length of payment that will enable them to build funds to cover their child’s college education. Manulife Education Builder also allows parents to choose whether the Annual Education Benefit will be paid out annually for 4, or 5 years, after the child’s 18th birthday. In addition to this, parents can also avail of an Education Rider that guarantees the Annual Education Benefit and a pre-college allowance for the child until he/she turns 18, in case of the parent’s death or disability.

“With the rising cost of education, it is important to start saving for our children’s future early,” said Ryan Charland, President and CEO of Manulife Philippines. “It is equally important to ensure that they will receive quality education, no matter what happens. Manulife Education Builder allows parents to do that. With our new product, parents can build an education fund over time, while ensuring that their children will be cared for, should the unexpected happen.”

To learn more about Manulife Education Builder, call Manulife Customer Care at (02) 884-7000 (for Metro Manila), or visit www.manulife.com.ph. You may also contact a Manulife insurance advisor at any Manulife branch nationwide or e-mail phcustomercare@manulife.com.