Manulife DIRECT-ManuAssure Term Review
The complete Pros and Cons on Manulife DIRECT-ManuAssure Term
Manulife DIRECT-ManuAssure Term product details
- Non-participating policy – Term policy
- If you pass away, suffer a total and permanent disability (TPD) or are diagnosed with a terminal illness (TI), Manulife will pay the sum insured as a lump sum so that you can rest assured that your loved ones will not suffer an immediate financial burden.
- Choose coverage term that protects you for 5 years and renewable thereafter, 20 years or until you reach age 65
- If you have chosen the 5-yearly renewable policy term, Manulife will renew the policy automatically at the end of the policy term and the cover is guaranteed no matter what condition your health is in as long as you pay the premiums by the end of the period of grace. The premiums at renewal are not guaranteed and are based on your age when you renew. The maximum renewal age is 80
Manulife DIRECT-Manu Assure Term is a common search alternative for Manulife DIRECT-ManuAssure Term.
Read About: Term Policy: How does it work?
Read About: 3 things to consider before taking up a new financial product
Features of Manulife DIRECT-ManuAssure Term Term at a glance
Cash and Cash Withdrawal Benefits
Cash value: No
Cash withdrawal benefits: No
Health and Insurance Coverage
Death: Yes
Total Permanent Disability: Yes
Terminal Illness: Yes
Critical Illness: No
Early Critical Illness: No
Health and Insurance Coverage Multiplier
Death: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No
Optional Add-on Riders
NA
Additional Features and Benefits
Yes.
For further information and details, refer to Manulife website. Alternatively, fill-up the form below and let us advise accordingly.
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Manulife DIRECT-ManuAssure Term may be suitable if you are looking for
Manulife DIRECT-ManuAssure Term may potentially be a good fit if the following matters to you:
- High insurance coverage against Death, Total and Permanent Disability or Terminal Illness
- High insurance coverage against Critical Illness with the available rider
- Lower initial premium compared to other types of insurance policies
- Looking to boost insurance coverage or fill a shortfall in an insurance portfolio
Manulife DIRECT-ManuAssure Term may not be suitable if you are looking for
Manulife DIRECT-ManuAssure Term may potentially be a bad fit if the following matters to you:
- Long-term cash accumulation
- Regular cash payout
- A one-time premium commitment with no further cash commitment
- Insurance policy with a surrender value.
Further considerations on Manulife DIRECT-ManuAssure Term
- How is Manulife or Manulife DIRECT-ManuAssure Term payout and claims based on past track record?
- How does Manulife DIRECT-ManuAssure Term compare with Term policies from other insurance companies?
- Can Manulife DIRECT-ManuAssure Term fulfill my financial, insurance, health, and protection needs?
The above information may not fully highlight all the product details and features on Manulife DIRECT-ManuAssure Term. Talk to us or seek advice from a financial adviser before making any decision about Manulife DIRECT-ManuAssure Term.
Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.
Is Manulife DIRECT-ManuAssure Term suitable for me?
Contact InterestGuru using the form below. Our panel of licensed financial advisers will advise accordingly, based on your financial profile and protection needs.
All financial reviews and proposals provided are 100% free of charge. There will be no obligation to take up any proposed financial products or services in any way.
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