CoverMe Term Life Insurance

What Are the Benefits?

Manulife understands your financial situation due to your growing family that's why CoverMe Term Life plan created to help get you covered even with a limited budget so that you only pay for the coverage you need and your rates are guaranteed not to increase for 10 years.

A coverage option that you and your family can count on when you need it most

Several coverage benefits are available for you for this plan. Like having a 30-day money-back guarantee if ever decided to not continue the plan and many more that listed below.

This popular plan has several benefits outlined below:

• You can apply before your next birthday to enjoy a lower rate.
• No medical exam needed upon renewal (every 10-year) of the plan, up to 85 years and your coverage will not be cancelled as long as your premiums are paid.
• The plan can be easily converted to a permanent life insurance at anytime before turning 70 without providing any medical information and undergoing a medical exam but few restrictions are involved.
• Get a one-time cash advance of up to 50% of your coverage, to a maximum of $100,000, if you’re diagnosed with a terminal illness with less than 12 months to live. You must be less than 83 years of age and your policy must have been in effect for at least two years.
• Purchase your coverage with confidence, with a 30-day money-back guarantee
• You must be less than 83 years of age and your policy must have been in effect for at least two years.
• AIR MILES reward miles are available to earn.

Plan Details

• Your beneficiaries receive a tax-free, lump-sum benefit after your death
• Stay protected for a 10-year term with no increases in premium
• Coverage options that meet your needs:
  a) $100,000 to 1 million in coverage if you’re between 18 and 70
  b) Up to $250,000 in instant* coverage if you’re between 18 and 55–no medical exam required; simply complete a quick health questionnaire when you apply

Similar Manulife Insurance Products

• Life

Life

• Manulife FollowMe Life Insurance
• Manulife Par Whole Life Insurance
• Quick Issue Term Life Insurance
• Manulife Family Term Life Insurance
• Manulife Family Term Life with Vitality
• Manulife Business Term Life Insurance
• CoverMe Guaranteed Issue Life Insurance
• Performax Gold Whole Life Insurance
• Manulife UL Universal Life Insurance
• Manulife Innovision Universal Life Insurance
• Security UL Universal Life Insurance
• Manulife Synergy Insurance
• CoverMe Term Life Insurance
• CoverMe Easy Issue Life Insurance

Additional resources:

Learn more about your other Manulife insurance options from these informative articles.