universal life insurance

Universal Life

Be assured of business continuity regardless of unexpected events

Universal Life

Be assured of business continuity regardless of unexpected events

Product Features
business

Delivers cash value accumulation

smart-devices

Transparent Policy charges

shopping

Offers guaranteed crediting interest rate

users

Allows for change of life insured*

* Policy owner may request to change the life insured 1 year after the policy issue date. Acceptance of the new life insured is at Manulife’s absolute discretion and will depend on the insurability of this new life insured as well as other terms and conditions as Manulife shall determine from time to time. Upon approval of the change request, additional charges and applicable policy change as determined by Manulife in Manulife’s discretion shall apply. For more details, please refer to the change of life insured provision.
Learn More
Universal Life guide
FAQs
Should I buy life insurance? Who does it insure?

Life insurance is a way to protect your cash flow against the sudden loss of a key person which can alter the future of your business if a robust continuity plan is not in place. We can also use it as a form of an employee benefits, and to add an alternative asset class to your company’s portfolio.
How does policy value accumulate?

Any relevant policy charges* and crediting interest rate will impact the growth in your policy value. Notional Amount Charge and Cost of Insurance are deducted monthly from the policy value with Notional Amount Charge payable only in the first 15 policy years. The guaranteed crediting interest rate for the plan is 2.25% per annum.

*Please refer to the “Policy Charges” section of Universal Life Product Guide and the policy provisions for the detail charges.