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Security UL Universal Life Insurance

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What is Life Insurance?

Most people don’t like to think about the possibility of not being around, especially if they’re young and healthy. We can plan ahead when it comes to career and education goals, but planning for the possibility of an unexpected death is difficult.
Life insurance is an insurance product that provides assurance through lump-sum payment also known as "death benefits" to the beneficiaries upon the insured's death. There are two main types of life insurance: term and permanent.
Insurance is a peace of mind product. A good insurance policy assures you that your loved ones won’t suffer financially should anything happen to you. There are a number of variations of disability insurance.  

What is Security UL Universal Life Insurance Plan?

Life Insurance for Millennial

As Millennial take on the great responsibilities of life, their good financial habits are surprising everyone. But they’re still asking one question: "What and How does life insurance work?" Your present needs and financial situation may determine the type of life insurance coverage you might go for. However, you might want a better and more enhanced coverage with changing needs and conditions.
Security UL Universal Life Insurance plan is the Manulife life insurance product for individual protection that is designed for Millennial. It is simple, flexible and upgrade-able policy coverage.
This insurance plan is easy to manage and understand that perfectly tailored to meet the Millennial or younger professionals needs and conditions.

What are the benefits of Manulife Security UL Universal Life Insurance?

Security UL Universal Life Insurance coverage starts at $50,000. Your policy growth can be seamlessly linked to the equity market or you can leverage securities with low-interest rates.  This coverage gives you the opportunity to protect your children and even makes it possible for your children to obtain their own life insurance with ease.

Several coverage benefits are available for you for this plan that is easy to understand and manage.

This popular plan can gives you:

  • Guaranteed insurance costs
  • Guaranteed administration charges
  • Guaranteed minimum interest investment account
  • Hand-picked, quality investment accounts
  • It gives you the opportunity to save money on insurance costs, especially if you live a healthy life.
  • You have the opportunity to insure people and even customize the benefits of your plan to meet your exact specifications.
  • Starting from your fifth year in the coverage, you become qualified to earn bonus interest on the amount in your policy per year.
  • This simple and flexible plan can adapt to your changing needs now, and in the future.

 

Plan Details

  • Coverage starts at $50,000.
  • Choose the security of guaranteed minimum interest rates or link your policy’s growth to the equity markets.

 

Optional Add-ons

  • Add term life insurance
  • Skip payments if you become disabled
  • Guarantee your future eligibility for more life insurance for yourself and as a business owner (based on the growth of your business).
  • Protect your children and guarantee they can get their own life insurance in the future, regardless of their health.

 

 

Additional resources:

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

Insurdinary provides a comprehensive quotes comparison sends straight to your inbox so you can start comparing health coverage in minutes. See plans from several major Canadian insurers to choose the right option for you. Our customer health specialists are also available to address your questions and concerns.

For more information, you may contact us at 1-877-574-7475, or complete the form below.

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