Manulife ManuProtect Term Review

NOTE: Manulife ManuProtect Term is no longer available and has been replaced by Manulife ManuProtect Term II.

Manulife ManuProtect Term product details

• Non-participating policy – Term policy
• ManuProtect Term gives you cover up to age 85. If you die or are diagnosed with a terminal illness, Manulife will pay the protection amount in a lump sum
• Enjoy the flexibility to choose how long you want to cover for, from 5 to 40 years. If you choose a policy term of 5 to 10 years, we will automatically renew your policy for the same cover period up to age 85, no matter what condition your health is in
• You can convert your ManuProtect Term policy to any available regular premium life insurance plan at the same sum assured we offered before age 65, no matter what condition your health is in

Manulife Manu Protect Term is a common search alternative for Manulife ManuProtect 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 ManuProtect 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: No
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.

Read Also: No budget for financial planning?

Manulife ManuProtect Term may be suitable if you are looking for

Manulife ManuProtect Term may potentially be a good fit if the following matters to you:

• High Health and Protection coverage
• High insurance coverage for Death or Terminal Illness
• High insurance coverage for Early Critical Illness, Critical Illness or Total Permanent Disability
• Lower initial premium compared to other types of insurance policies
• Looking to boost insurance coverage or fill shortfall in insurance portfolio

Manulife ManuProtect Term may not suitable if you are looking for

Manulife ManuProtect 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 ManuProtect Term

• How is Manulife or Manulife ManuProtect Term and claims based on past track record?
• How does Manulife ManuProtect Term compare with Term policy from other insurance companies?
• Can Manulife ManuProtect Term fulfil my financial, insurance, health and protection needs?

The above information may not fully highlight all the product details and features on Manulife ManuProtect Term. Talk to us or seek advice from a financial adviser before making any decision about Manulife ManuProtect Term.

Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.

Is Manulife ManuProtect 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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