
Manulife China Bank Life Assurance Corporation offers a wide range of life insurance plans to suit every budget.
Their plans cater to different stages of life, from young adults to seniors.
You can choose from term life insurance, whole life insurance, or a combination of both.
For young adults, Manulife's term life insurance plans provide coverage for a specified period, usually 10 to 30 years.
This type of insurance is ideal for those with mortgage or car loans, as it offers financial protection for loved ones in case of unexpected events.
The premiums for term life insurance are generally lower compared to whole life insurance.
Whole life insurance, on the other hand, provides lifelong coverage and a cash value component that grows over time.
It's a good option for those who want to leave a legacy or have a guaranteed death benefit.
Manulife's whole life insurance plans also offer dividends, which can be used to purchase additional coverage or withdraw cash.
Their combination plans offer a mix of term and whole life insurance, providing flexibility and customization.
This type of plan is suitable for those who want to balance their budget with long-term financial security.
New Product Launch
Manulife China Bank Life Assurance Corporation has launched a new product called MCBL Assure Max, which provides clients with insurance protection and additional savings for future expenses.
The plan offers a life insurance benefit equal to 200 percent of a policyholder's basic coverage and has a coverage period that can last up to 20 years or until the customer reaches the age of 65.
Policyholders also have the option to settle their premiums within five or 10 years, giving them flexibility in their payment terms.
MCBL Assure Max provides customers with living benefits, including guaranteed cash payouts, which will be released starting from either the seventh or 11th year of their coverage, depending on the payment period.

The plan also includes a lump-sum cash benefit equal to 100 percent of their basic coverage at the end of the insurance term.
Policyholders have the option to include add-ons to protect themselves against the financial burdens of unexpected accidents, disability, or critical illnesses.
MCBL Assure Max is designed to empower Filipinos to live life to the fullest, with double protection giving customers confidence that their family's future is secure, even if unforeseen events happen.
This plan is available in two basic plans: AssureMax 20 for ages 0-65 and AssureMax 65 for ages 0-45, with a benefit period of 20 years or up to age 65.
MCBL Assure Max is tailor-fit for those who want to grow investments and diversify their financial portfolios, providing a smarter way to save, wherever they may be in their life journey.
Affordable Life Insurance
Manulife China Bank Life Assurance Corporation offers affordable life insurance options for Filipinos.
You can get life protection, accident and medical reimbursement for as low as ₱1 a day or ₱500 a year with their Secure Pinoy plan.

This plan is exclusive to CBS China Bank Savings customers and comes in four annual premium plans: ₱500, ₱1,000, ₱2,500, and ₱5,000.
For the ₱500 entry-level plan, you can get ₱35,000 worth of life insurance coverage for one year, or ₱200,000 coverage for death due to an accident plus ₱10,000 coverage for accidental medical reimbursement.
Secure Pinoy policyholders can also extend their coverage to their family members, strengthening their loved ones' financial protection.
CBS President James Christian Dee wants his clients to gain greater access to life protection, which they can extend to their families, making them financially secure when it matters most.
MCBL's Secure Pinoy is a great option for those who want to prioritize their financial security without breaking the bank.
Frequently Asked Questions
Is Manulife under Chinabank?
Manulife-China Bank Life Assurance Corporation is a bancassurance affiliate of Chinabank, formed through a strategic partnership in 2007. This partnership provides clients with direct access to innovative financial solutions and products.
How do I contact Manulife customer service?
To contact Manulife customer service, call 1-888-727-7766 (option 5) or email [email protected]. Reach out to us for assistance with your questions or concerns.
Sources
- https://thedigitalbanker.com/manulife-china-bank-launches-combined-life-protection-plan/
- https://en-academic.com/dic.nsf/enwiki/11689742
- https://www.philstar.com/business/2020/03/08/1998961/manulife-china-bank-assurance-unveils-new-product
- https://www.digitalfilipina.com/manulife-china-bank-launches-assuremax-insurance-plan/
- https://techandlifestylejournal.com/manulife-chinabank-secure-pinoy-insurance/
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