Manulife Financial

Manulife Financial’s disability insurance lineup has five products. Their Proguard Series is geared toward professionals. This is their flagship policy, and includes many built-in features. The plan has elimination periods from 30 days to 2 years. Benefit periods range from 2 years, 5 years and to age 65. The insured’s benefit can range from $200 to $24,500 a month.

The Proguard plan also offers a whole host of riders, including a cost of living rider to keep in line with inflation; a specific occupation rider for specialized occupations such as surgeons; and variety of return of premium riders that allow the insured to receive some of their premium back for staying healthy.

Another of Manulife’s disability plans is the Venture Series—a lower cost disability plan which fits the needs of all types of occupations. The Venture plan has less standard features than the Proguard series, but is available for full-time and part-time workers.

The ExpenseComp plan reimburses office overhead expenses for a small business or professional practice during disability. This plan has a maximum benefit period of 24 months.

Manulife’s Buy-Sell Plus provides funds for the healthy owners of a partnership or small business to buy out the shares of a disabled partner. The plan is unlike traditional disability coverage in that it pays out a lump sum rather than a monthly benefit.

Lastly, Manulife has a personal accident plan available for the blue-collar worker or the difficult to insure.

LSM Manulife Financial Policy Reviews

• Manulife's Term Life Policies: Especially for Children

  Manulife Financial has very rich history and is one Canada’s most reputable life insurance companies. Their Term 10 and Term 20 plans are renewable and convertible to any of their permanent policies.

• Manulife's Universal Life Plans: No-Penalty Withdrawals

  The Security Life policy is one of the few universal life plans within the Canadian marketplace to allow withdraws from the accumulation fund without any surrender penalties.

• Manulife introduces a new group critical illness plan

  This new critical illness insurance product enables you to maintain financial security, give control over healthcare options, preserve lifestyle, and access the best medical care available.

Manulife Financial News

• FlexCare Manulife Enhancements Starting Sept.1 09/01/2010

  You've probably seen the commercials for Manulife FlexCare plans on television. Well, as of Sept. 1, 2010 various enhancements will be added to the program and the benefit to members will be increasing.

• Simplified Issue Critical Illness Insurance By Manulife Financial 06/23/2010

  Manulife Financial offers a Simplified Issue Critical Illness plan to applicants who have been approved for Preferred Rates.

• Six Great Life Insurance Deals 06/20/2010

  Quite often people are presented with "Can't Miss Deals." Life insurance is generally not thought of as one of those opportunities.

• Comparing Mortgage Life Insurance Rates Among the Big Five Banks 06/02/2010

  Most Canadians who take out a mortgage with one of the big five banks are offered a mortgage life insurance policy.

• Participating Whole Life Dividend Scales in 2010 05/29/2010

  Participating Whole Life policies differ from non-participating Whole Life policies in that they offer both the cash value and a dividend.

• Non-Medical Life Insurance: Should I Buy Direct or Through a Broker? 05/10/2010

  Non-medical Life Insurance can be divided into two categories.

• A.M. Best Ratings for 2009-2010 04/23/2010

  A.M. Best is a credit rating company for the insurance and banking sectors.

• Life Insurance Policy Fees 04/02/2010

  Life insurance policy fees are built in fee which covers the administration of the policy

• Best Term 100 Life Insurance Plans in Canada 03/31/2010

  The following are the top three Term 100 life insurance companies for the 35, 45, and 55-year-old male non-smokers at $250,000 of coverage

• Group Critical Illness Insurance Sales 03/23/2010

  The Insurance Journal highlighted 13 of the Group Critical Illness providers in Canada.

• Guaranteed Issue Life Insurance: Understanding the Two-Year Wait Period 03/16/2010

  Why is there a two-year waiting period for Guaranteed-Issue.

• The Best Whole Life Insurance Plans in Canada 03/07/2010

  The Best Whole Life Policies in Canada.

• A Synopsis of Guaranteed Life Insurance Policies in Canada 02/15/2010

  The Best and Worst Guaranteed Issue plans in Canada

• Term 100 Coverage versus Universal Life Insurance 01/08/2010

  The difference between Universal Life and Term 100 Coverage,

• Life Insurance for Smokers vs. Non-Smokers 01/07/2010

  Life insurance companies generally classify an applicant as a smoker if he or she has used and form of tobacco during the last 12 months.

• Underwriting Guidelines: Alcoholism is Not a Barrier to Life Insurance 01/04/2010

  an alcohol addicted past is not necessarily a barrier to insurance.

• Canada's Best Universal Life Policies 12/11/2009

  "You wanted the best, you got the best" is not just a line that works for rock 'n' roll, but Universal Life insurance as well.

• Whole Life Insurance Policies in Canada: A Comparative Analysis 12/10/2009

  Whole Life insurance policies can be broken down into two types.

• Manulife's Combined Coverage 07/28/2008

  Combined coverage offers two death benefits under a single policy, resulting in one policy fee and a 3% discount – terrific savings. In fact, Manulife combined life coverage often costs less than its competitors’ joint first-to-die plans.

• A new name: Manulife Securities 07/03/2008

  Manulife Securities is the new trade name for a group of companies consisting of a mutual fund dealer, investment dealer and insurance agency operating across Canada, following Manulife’s purchase of Berkshire-TWC Financial Group Inc.

• Manulife donates $10,000 to Canadian Red Cross 06/25/2008

  Through its Halifax Community Board, Manulife Financial will donate $10,000 to the Canadian Red Cross disaster management program in response to recent major forest fires near Porter’s Lake and Tantallon, Nova Scotia.

• Hundreds to Bike and Hike for Health 05/30/2008

  More than 1,200 cyclists and walkers are limbered up and ready to boost Kitchener-Waterloo's heart health this weekend as they take to the streets and paths to raise $200,000 for St. Mary's Regional Cardiac Care Centre.

• Manulife supports earthquake relief efforts in China 05/21/2008

  Manulife Financial and its staff and agents are donating at least RMB2million (CAD284,000) to support the relief efforts in the areas of China affected by Monday's earthquake.

• Life insurers could target U.S. rivals 02/06/2008

  Canadian life insurance companies could be looking to do a little cross-border shopping, The Star reported.

• Manulife calls for insurance mergers 01/29/2008

  Manulife Financial Corp. chief executive officer Dominic D'Alessandro called on Ottawa to allow this country's financial service players to merge, The Globe and Mail reported today.

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