What is ManuProtect?
This is a Manulife term-life insurance coverage plan which is offered exclusively to customers who are looking at both protection and peace of mind with affordable premiums.
What does it cover?
Just as any term-life insurance plan, you will be covered, or more like your family will be taken care of in the event of your death. With coverage for natural death and double the coverage for accidental death, you can be sure that they will be able to stay afloat for a good measure of time before getting back on their feet.
Aside from that, you will also have coverage for total and permanent disability in case, you are unable to work or if the disability affects your ability to perform daily activities.
What about add-on benefits?
Of course, you should also be prepared for more than just an accident when it comes to your life. Therefore, with this Manulife cover, you have the option to pick up an Add-On Critical Illness cover. This added benefit will give you coverage for cancer, heart attack, stroke, kidney failure and heart bypass surgery.
How long am I covered for?
The minimum age for this protection plan is 17 years of age in which case, you are welcome to purchase this insurance plan.
Although you can continue to renew the plan for coverage up to the age of 80, the maximum entry age for this plan is 60. Which means if you want to have coverage till you’re 80 years old, you will need to be 60 before your next birthday when purchasing the policy.
How and when do I pay my premiums?
Manulife accepts both credit and debit card transactions for the purpose of premium payment. As to the question of when, that is entirely up to you. You will be given the choice to pay your premiums either monthly or annually.