Facts & Information Page:
Manulife Life Insurance - Canada

Canadian Money Advisor Rank

Product Names

Product Name


Manulife Family Term Insurance

Manulife Whole Life Insurance

Manulife Universal Life Insurance

COMPANY CONTACT INFORMATION:

Manulife Life Insurance
250 Bloor St. East Main C-28
Toronto, ON N2J 4C6
Website:http://www.manulife.ca

Customer Service Phone: 519-747-7000
Customer Service Fax:519-747-6116
Contact's Name:Fil Moniz
Contact's Phone:519-747-7000 Ext 48239
COMPANY INFORMATION AND BIOGRAPHY:

Manulife Financial is one of the most active and progressive financial organizations in the world nowadays with a history of financial stability that have been going for a century now. Since 1887, Manulife has advanced its market-leading responsibility in financial protection and wealth management. Manulife’s portfolio of financial products would comprise life insurance, pensions, mutual funds, annuities, group benefits and long-term care. The company has accepted many awards and recognition for their customer service, products, innovation and people. Having a strong sales achievement, we have gained market share.

The company has over 20,000 employees and thousands of distribution partners at present that serve millions of customers in 22 countries and territories all over the world. The various international operations allowed the company to control their people, products, technology and expertise hastily and efficiently to new markets. The company operates in Canada and Asia through Manulife Financial.

Manulife is also proud to be given with many awards that distinguish the company for its overall superiority and specific achievements in areas dealing with corporate governance, communications, customer satisfaction, professional training and education, charitable and community programs.

Product Name Product Description
Manulife Family Term Insurance Whole Life Insurance offers permanent, lifetime protection for a level premium. This would depend on the plan you have purchase. Whole life insurance spreads the cost of your coverage over the lifetime of the policy or over a limited period of time. Manulife is offering two whole life insurance plans.

First is the LifeWise Insurance. This guaranteed insurance is for today, for tomorrow and forever. If you think there are no guarantees in life then you are not aware of LifeWise. LifeWise is permanent insurance protection that provides new meaning to the word security for the reason of its guarantees. You will know that when you get LifeWise, you are protected for life.

In guaranteed premiums, the amount you pay for your LifeWise policy never changes. You will find it comforting to recognize that what you pay in the first year is exactly what you will pay for your LifeWise insurance every year. For guaranteed cash value, LifeWise gives you a guaranteed cash value. Part of your LifeWise premium pays for the insurance protection and the other part build cash value for you. With LifeWise, you can have access to this money after 10 years.

With guaranteed limited payment options, choosing LifeWise will let you completely pay for the insurance for after a number of years. You can select from two payment options with LifeWise. You can pay your premiums for 20 years or until you are 65.

Performax Gold is much more than life insurance. It is a powerful tool to help you reach your long-term financial goals. The guaranteed cash values and unique product features help you increase the value of your plan and maximize your wealth on a tax-deferred basis. With Performax Gold, flexibility is important. That’s because it’s easy to update your coverage as your lifestyle or business needs change. And you can leave the policy management to us.

When you choose Performax Gold, your policy starts with your base insurance coverage which provides permanent lifetime protection. Your premiums are guaranteed never to increase for as long as you own the policy. And, since there’s enough value in your plan to cover the cost of your coverage, the benefit amount is also guaranteed. What’s more, you can increase this amount or add extra coverage at any time. It’s that flexible.

With Performax Gold, you can insure up to 20 people on one policy. You can also combine both single and joint coverage in one policy. Another would be an increase or decrease existing coverage or even add new coverage. There are several ways to increase the value in your policy. Our Deposit Option lets you make additional payments to build up your policy values. And our ‘Term Option’ lets you add an extra layer of insurance protection to your base insurance coverage. You can pay for this coverage with your annual Performance Credit. Talk to your advisor for more information.

Performance Credit with your Performax Gold policy earns a yearly Performance Credit to help increase your policy’s cash value. The amount of the Performance Credit will vary based on the amount and type of coverage you have, as well as the performance of the Performax Gold Investment Fund. This diversified portfolio of assets is managed by Manulife investment professionals.

With Policy Values, Performax Gold is the perfect solution if you want to maximize the value within your policy. That’s because, in addition to life insurance protection, your policy builds cash value which grows inside your policy tax-deferred. While the contract remains in force, you may be able to access part of your policy’s cash value by either withdrawing it or taking a loan against it. You can use this money for any purpose for retirement income, to help with your child’s education costs, and so on.

If your circumstances change and you need to stop paying premiums for a short period of time, you may be able to use your policy’s cash value to cover your premium payments. Keep in mind that accessing your cash value will decrease your total insurance coverage and affect any guarantees that are part of your policy. A number of additional options are available. Some of these options are Accidental Death Benefit, Guaranteed Insurability Option, Term Insurance, Total Disability Waiver, Child Protection Rider and Business Value Protector Rider.
Manulife Whole Life Insurance Whole Life Insurance offers permanent, lifetime protection for a level premium. This would depend on the plan you have purchase. Whole life insurance spreads the cost of your coverage over the lifetime of the policy or over a limited period of time. Manulife is offering two whole life insurance plans.

First is the LifeWise Insurance. This guaranteed insurance is for today, for tomorrow and forever. If you think there are no guarantees in life then you are not aware of LifeWise. LifeWise is permanent insurance protection that provides new meaning to the word security for the reason of its guarantees. You will know that when you get LifeWise, you are protected for life.

In guaranteed premiums, the amount you pay for your LifeWise policy never changes. You will find it comforting to recognize that what you pay in the first year is exactly what you will pay for your LifeWise insurance every year. For guaranteed cash value, LifeWise gives you a guaranteed cash value. Part of your LifeWise premium pays for the insurance protection and the other part build cash value for you. With LifeWise, you can have access to this money after 10 years.

With guaranteed limited payment options, choosing LifeWise will let you completely pay for the insurance for after a number of years. You can select from two payment options with LifeWise. You can pay your premiums for 20 years or until you are 65.

Performax Gold is much more than life insurance. It is a powerful tool to help you reach your long-term financial goals. The guaranteed cash values and unique product features help you increase the value of your plan and maximize your wealth on a tax-deferred basis. With Performax Gold, flexibility is important. That’s because it’s easy to update your coverage as your lifestyle or business needs change. And you can leave the policy management to us.

When you choose Performax Gold, your policy starts with your base insurance coverage which provides permanent lifetime protection. Your premiums are guaranteed never to increase for as long as you own the policy. And, since there’s enough value in your plan to cover the cost of your coverage, the benefit amount is also guaranteed. What’s more, you can increase this amount or add extra coverage at any time. It’s that flexible.

With Performax Gold, you can insure up to 20 people on one policy. You can also combine both single and joint coverage in one policy. Another would be an increase or decrease existing coverage or even add new coverage. There are several ways to increase the value in your policy. Our Deposit Option lets you make additional payments to build up your policy values. And our ‘Term Option’ lets you add an extra layer of insurance protection to your base insurance coverage. You can pay for this coverage with your annual Performance Credit. Talk to your advisor for more information.

Performance Credit with your Performax Gold policy earns a yearly Performance Credit to help increase your policy’s cash value. The amount of the Performance Credit will vary based on the amount and type of coverage you have, as well as the performance of the Performax Gold Investment Fund. This diversified portfolio of assets is managed by Manulife investment professionals.

With Policy Values, Performax Gold is the perfect solution if you want to maximize the value within your policy. That’s because, in addition to life insurance protection, your policy builds cash value which grows inside your policy tax-deferred. While the contract remains in force, you may be able to access part of your policy’s cash value by either withdrawing it or taking a loan against it. You can use this money for any purpose for retirement income, to help with your child’s education costs, and so on.

If your circumstances change and you need to stop paying premiums for a short period of time, you may be able to use your policy’s cash value to cover your premium payments. Keep in mind that accessing your cash value will decrease your total insurance coverage and affect any guarantees that are part of your policy. A number of additional options are available. Some of these options are Accidental Death Benefit, Guaranteed Insurability Option, Term Insurance, Total Disability Waiver, Child Protection Rider and Business Value Protector Rider.
Manulife Universal Life Insurance Universal Life Insurance is the most flexible life insurance available today. You can customize your plan when you buy it, or easily make changes later on. And universal life offers you the opportunity for tax-advantaged investing. This gives you the chance to increase your wealth by investing money within your policy. And only Manulife Financial offers you the ultimate universal life insurance solution. We give you four products to choose from, ensuring your needs are met today, tomorrow and into the future.

Security UL is easy-to-understand, easy-to-manage universal life insurance. Many call it the pure protection universal life plan. While it does offer six investment accounts, its focus is on its affordable permanent insurance. Another is Manulife’s Limited Pay UL offers a unique combination of permanent insurance protection, flexible coverage options, indispensable guarantees and opportunities for tax-advantaged savings. Next is the UltraVision which is a Life insurance investing simplified. One of the key benefits of universal life insurance is the way it combines life insurance protection and tax-advantaged investing.

UltraVision is unique because it’s simple. You can see this in a range of features – from the way you pay for your insurance to the way we automatically keep the amount of insurance low, while keeping the policy tax exempt. By Manulife managing your amount of insurance, we’re keeping what you pay for your insurance in check too. It’s easy, hands-off insurance management that lets you focus on maximizing your investment options. And finally, InnoVision which is a life insurance can meet complex financial needs for you, your business and your family. InnoVision offers investment options that suit a variety of investment styles, from conservative, daily interest savings accounts to growth-oriented indexed accounts to our new Managed Accounts that credit interest on the performance of retail mutual funds.

InnoVision\'s strength is the package of benefits, which helps ensure your needs. That package includes professional advice, the ability to custom design solutions that are supported by quality service and all of this backed by the performance and strength of one of the leading companies in the Canadian insurance marketplace. When you own an InnoVision, UltraVision, Limited Pay UL or Security UL policy, you’ll also appreciate the first-rate design of the universal life policy statement, making it easier for you to find what you need to know. You can request a UL statement at any time.