Manulife’s Follow Me Life Insurance Plan

Posted on November 16, 2009 and updated February 19, 2012 in Life Insurance Canada News 1 min read

Manulife’s Follow Me plan is available without medical tests to applicants who have left their company’s group plan and apply within 60 days of the coverage ending.

The plan is available to insured ages 18 to 69; coverage amounts range from $25,000 to $200,000. The coverage is guaranteed renewable up to age 80 and has a built-in critical illness benefit. To receive the critical illness benefit, you must be a person who is diagnosed with less than 12 months to live. Manulife will advance 50% of the face amount up to $50,000 of coverage.

The following are the premium rates for $200,000 of coverage:

40-year-old, male non-smoker:  $40/month

50-year-old, male non-smoker:  $82/month

60-year-old, male non-smoker:  $230/month

69-year-old, male non-smoker:  $400/month

To see how Follow Me tacks up against other Canadian term life insurance policies, please go to our Instant Quote Page or contact us at 1-866-899-4849.

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LSM Insurance
LSM Insurance

Thanks for the note. I will send you a separate email now. Regards … Lorne

Susan
Susan

Interested in Follow Me life insurance when our company plan ends on January 1, 2010. Need more information than I can find on your website.