The Manufacturers Life Insurance Company

Get more

out of life

Life products

at a glance

You know that price is not the only factor you

need to consider when choosing the very best

life insurance products for your clients.

No matter your clients’ insurance needs –

family protection, business continuity, estate

preservation, managing tax – Manulife offers

the most comprehensive and innovative

range of products, supported by the most

effective, value-added services and business

tools available in the market today.

And our products are all backed by the

strength of Manulife. For more than 130 years

we have been providing Canadians with

reliable and forward-thinking insurance

solutions that help them get the most out

of life.

3

CombinationSynergy®

Synergy’s unique design offers your clients protection against life’s everyday risks: disability, critical illness and early death.

Client

benefits

With Synergy, your clients can:

• Protect themselves against the financial impact of loss of income due to injury, illness and premature death

• Get three policies with only one application, one plan to manage, one amount to pay

• Address three insurance needs at an affordable price

• Choose from $100,000 to $500,000 Synergy amount of insurance in a unique pool of money design

Plus, when the Synergy solution expires at age 65, if your client hasn’t received a critical illness covered condition benefit, they have the option to purchase a Manulife permanent life insurance plan – no medical underwriting required (limited to their remaining Synergy amount of insurance and Manulife’s issue limits on the product they choose).

Your

opportunity

Synergy is designed to meet the needs of middle‑income Canadians ages 18 to 50 who have a need for:

• Mortgage and debt protection

• Supplementing gaps in group disability, critical illness and life insurance coverage

Additional

features

Synergy not only offers solid coverage at an affordable price, your clients get added value:

• Connect to the one‑of‑a‑kind Health Service Navigator for critical illness health information, support and a medical second opinion service – and they don’t have to make a claim to use it

• Customize Synergy with optional riders:

– Term Insurance rider for added life insurance protection (10 year renewable to age 65)

– Child Protection rider – life and the Child Protection rider – CI provide additional protection for your clients’ children, up to age 25

• Premiums waived while your client is on claim for disability

• Easier disability application process: no need to provide occupation class on the application and no supporting proof of income required

It’s a life insurance policy, a disability insurance policy and a critical

illness insurance policy all rolled into one easy-to-manage and

affordable solution.

4

TermManulife Quick Issue TermTM (Manulife QIT TM)

Easy, quick and convenient – Manulife Quick Issue Term is designed to keep up with the fast‑paced lives of busy mid‑market

clients. No paperwork. No needles. It really is that simple.

Client

benefits

With Manulife QIT’s convenient approach, your clients can:

• Choose from three coverage options (Term‑10, Term‑20 and Term‑65), up to $500,000• Complete the simple online application in person or over the phone• Enjoy less intrusive underwriting – no needles or fluids and fewer medical questions• Receive a quick response – faster underwriting and approvals means a decision will be made in as little as one

business day in most cases

And, if your clients’ needs change, they can convert some or all of their term coverage to permanent protection after the fifth policy anniversary – without additional underwriting.

Your

opportunity

Manulife QIT is designed to meet the fast‑paced needs of on‑the‑go middle‑income families and

individuals looking for:

• Basic, affordable term life insurance protection• High coverage options• Quick, convenient application and contract delivery• Simplified underwriting and fast approvals

Additional

features

Bereavement Counselling Assistance – Reimbursement of counselling fees up to $1,000 after the death of the insured person

Compassionate Assistance Program – If your client becomes terminally ill, they may be able to receive advance payment of the death benefit in the form of a collateral loan

Optional riders:

• Child Protection Rider

Manulife Quick Issue Term offers simple, easy-to-buy life insurance

protection – FAST!

5

Industry-leading term solutions for your clients’ changing needs.

Term (continued)Family™/Business Term®

With unmatched affordable and flexible multi‑life protection, our Family Term and Business Term provide a variety of options to

easily customize your clients’ coverage. When their needs change, they’ll have the perfect solution.

Client

benefits

With Family and Business Term’s wide range of flexible features, your clients can:

• Choose from four coverage options (Term‑10, Term‑20 etc.)• Insure multiple lives• Apply for single, joint or combined coverage• Renew at guaranteed rates• Partially convert to permanent coverage and carry over the remaining balance as a new Term Insurance Rider• Convert to equal or less permanent coverage without additional underwriting• Change to Family Term with Vitality until the 5th coverage anniversary• Add coverage using a wide range of riders

Your

Family Term

opportunity

For individuals and families looking for:

• Mortgage and debt protection• Income replacement• Coverage for final expenses• Financial security for their family’s future• Estate planning (Term‑Life)

Additional

features

• Combined coverage for savings on policy costs• Accelerated underwriting means no routine medical tests• Simple Issue Lifecheque® for quick and easy access to critical illness insurance

Optional riders:

• Child Protection• Total Disability Waiver• Accidental Death and Dismemberment• Guaranteed Insurability Option• Business Value Protector

Your

Business Term

opportunity

Designed to help business owners minimize disruptions and ensure business continuation, Business Term

can help provide:

• Buy‑sell funding• Key person or employee coverage• Collateral insurance• Estate tax coverage

Additional

features

• Combined coverage for savings on policy costs• Accelerated underwriting means no routine medical tests • Simple Issue Lifecheque for quick and easy access to critical illness insurance

Optional riders:

• Total Disability Waiver• Business Value Protector

6

Term (continued)Family Term with Vitality

Combining a term life insurance product with a healthy living rewards program, Family Term with Vitality gives clients the

opportunity to earn rewards and save on their premiums – all while improving their health.

Client

benefits

Family Term with Vitality offers your client:

• Choose from four coverage options (Term‑10, Term‑20, etc.)• Initial premium savings for coverage amounts between $500,000–$20,000,000• Convert to equal or less permanent coverage without additional underwriting

Program Through the Manulife Vitality program, your clients can:

• Earn rewards and discounts for completing simple health related activities• Receive personalized health goals and a free wearable device to monitor their progress• Have the opportunity to reduce their insurance premiums based on their engagement in the program

Your

opportunity

Family Term with Vitality is geared towards clients wanting more from their life insurance.

These clients are:

• Inspired by the opportunity to save on premiums by living a healthy lifestyle• Motivated by rewards• Seeking an affordable longer‑term solution• Willing to actively engage in the Manulife Vitality program and improve their health

Additional

features

Manulife Vitality program membership – Healthy living rewards program exclusive to Family Term with Vitality policy holders

Bereavement counselling assistance – Reimbursement of counselling fees up to $1,000 after the death of the insured person

Compassionate Assistance Program – If your client becomes terminally ill, they may be able to receive advance payment of the death benefit in the form of a collateral loan

Family Term with Vitality is life insurance that rewards

health and wellness!

7

Universal Life

Manulife UL

Simple, straightforward and cost effective – Manulife UL gives your clients the security of permanent life insurance protection

and the opportunity to increase their long‑term wealth – whatever their investment style.

Client

benefits

With Manulife UL’s simple, straightforward design, your clients can:

• Increase long‑term wealth by taking advantage of low investment account fees, access to a whole life investment fund, and rate enhancementsReduce the impact of market volatility on their investments by investing in a single, innovative and diversified investment account managed by Manulife

•

• Leave a tax‑free legacy to beneficiaries • Benefit from tax‑advantaged growth on assets within the policy • Enjoy simple, easy to understand products and customized contracts

Plus, with Manulife UL’s unique four‑product suite, your clients can be as involved as they like in

managing their money:

For “hands‑off” investors who prefer a “set it and forget it” approach, Manulife will manage your clients’ investments using a single investment account designed to help decrease the impact of market ups and downs.

For investors who prefer a “hands‑on” approach, your clients can choose, review and manage their own investments by selecting from more than 50 best‑in class investment account options.

Clients can choose from:

Clients can choose from: • Manulife UL Level Client Investment SelectTM

• Manulife UL Level Gold Investment AccountTM

• Manulife UL Yearly Renewable Term Client Investment SelectTM• Manulife UL Yearly Renewable Term Gold

Investment AccountTM

Your

opportunity

Four simple universal life solutions for clients who don’t need all the bells and whistles – Manulife UL is

designed for clients looking for:

• Straightforward, long‑term, cost‑effective life insurance protection • Tax‑deferred investment growthLow investment management feesRate enhancements for Managed AccountsInvestment opportunities to match their investing needs and tolerance to risk

Additional

features

• 10 and 20‑year Term Insurance Riders • Child Protection Rider • Disability Benefit • Compassionate Assistance Program • Healthstyles underwriting for the best fit premium

Simple, cost-effective, convenient – Manulife UL’s four-product

approach makes each individual product easier to sell, easier to

administer and simple for your clients to understand.

•

•

•

8

Universal Life (continued)

InnoVision®

This product combines permanent life insurance and tax‑advantaged investment opportunities to provide custom‑designed

solutions ideal for tax and estate planning.

Client

benefits

With InnoVision’s flexible insurance features, your clients can:

• Leave proceeds from the policy to beneficiaries tax free

• Choose whether to include the investment portion in the death benefit

• Select from several riders and enhancers to customize protection

• Increase (with evidence) or decrease coverage amounts

• Insure multiple lives at or after issue

• Easily access the account value of the policy (may be subject to taxation)

Plus, with InnoVision’s tax‑deferred investment options, clients can:

• Select from over 60 investment accounts to customize their portfolio

• Choose from two bonus options to earn additional interest or enjoy lower management fees on investment

accounts

Your

opportunity

InnoVision is designed to meet the long‑term financial needs of affluent individuals and business owners

who have a need for:

• Retirement and estate planning

• Wealth creation

• Income replacement

• Key person insurance

• Fair share inheritance

• Tax deferral and capital gains tax liability

• Partner/shareholder buyouts

Additional

features

InnoVision is designed to meet the long‑term financial needs of affluent individuals and business owners

who have a need for:

• Retirement and estate planning

• Wealth creation

• Income replacement

• Key person insurance

• Fair share inheritance

• Tax deferral and capital gains tax liability

• Partner/shareholder buyouts

Universal life that helps your clients maximize their wealth.

InnoVision offers amazing flexibility and choice for your clients.

9

Universal Life (continued)

Security UL®

The difference is its combination of simplicity and flexibility. Security UL provides easy‑to‑understand and easy‑to‑manage life

insurance protection. Plus, it lets your clients expand their original policy to take advantage of additional benefits at some

point in the future.

Client

benefits

When your clients choose Security UL, they can:

• Use the InnoVision Advantage Option to add features and benefits offered by InnoVision

• Insure one or more people

• Access hand‑picked quality investment accounts, including a guaranteed minimum interest account

• Enjoy guaranteed premiums and administration charges

Your

opportunity

Security UL is designed for younger clients who have a need for:

• Simple and straightforward life insurance protection

• Comprehensive benefits, combining permanent insurance with tax‑advantaged investing

• Flexibility to enhance in the future, when their needs – and financial picture – change

The InnoVision

Advantage

Option

Available to exercise after the first Security UL policy anniversary and before the 20th anniversary, this

option allows clients to:

• Keep their original Security UL policy and add features and benefits offered by InnoVision – on an original

age basis

• Access InnoVision’s investment account portfolio

• Add InnoVision’s flexible riders and wealth accumulation features

• Select an InnoVision bonus option

Clients must meet all of InnoVision’s minimum requirements and will assume the cost of insurance, surrender

charges, life and policy fee(s) associated with InnoVision.

Additional

features

Clients earn an interest bonus beginning on the 5th policy anniversary of 0.5% of the average account value over

the previous 12 months

Optional riders:

• Total Disability Waiver

• Guaranteed Insurability Option

• Business Value Protector

• Child Protection

• Term Insurance

Affordable insurance for today. Flexibility to add features

in the future.

10

Whole LifeManulife Par

Manulife Par is a streamlined and targeted whole life insurance product designed with hassle‑free features for you and your

clients.

Client

benefits

With Manulife Par’s strong foundation your clients can:

• Benefit from guaranteed early cash values AND long‑term insurance protection, all with potential tax‑saving advantages

• Take advantage of the no expiry pre‑approved lifetime deposit option limit – even for policies resulting from a term conversion

*

• Choose from two premium duration options (10 or 20 years), access cash value with ease through withdrawals or policy loans, subject to administrative rules and tax

• Benefit from accelerated underwriting an easier and less intrusive experience**

*Manulife reserves the right to limit or refuse deposit option payments.**Exceptions apply. Accelerated underwriting is available for clients aged 18 to 45 and coverage amounts up to $1,000,000.

Your

opportunity

Manulife Par is designed for individuals and business owners looking to further diversify their portfolio by adding life insurance as a tax‑advantaged asset. Manulife Par can help your clients pass funds to the next generation or pass on the value accrued in a private company.

Manulife Par can also help your clients looking to use their policy value as a loan security.

For a personally owned policy, where clients are:

• Looking to accumulate wealth and defer taxes

• Looking to compliment retirement income

For corporately owned policies, where clients are:

• Looking to protect their business and have access to cash value

• Planning to pay off tax liability at time of death

Additional

features

• Juvenile policies issued as non‑smoker – no paperwork required when the insured turns 16! • No policy fees

• No ratings for paid‑up and deposit option insurance • Built‑in Disability Benefit – allows clients to withdraw their cash value without triggering a policy disposition • Premium offset – use paid‑up and deposit option cash value to pay for premiums • Change to a longer premium duration (from 10 years to 20 years) before the fifth policy anniversary • Compassionate assistance – complimentary benefit (tax‑free collateral loan) that allows your client to requestearly payment of a portion of the death benefit

Optional riders:

• Term Insurance Rider – 10 and 20 years renewable • Total Disability Waiver rider • Guaranteed Insurability Option rider • Child Protection Rider

Manulife Par offers immediate cash value growth and long‑term

protection, all with potential tax‑saving advantages.

11

Whole Life (continued)

Performax Gold®

Performax Gold is fully loaded with features and guarantees to help your clients increase their plan values and maximize their

wealth on a tax‑deferred basis.

Client

benefits

With Performax Gold’s unique features, your clients can:

• Build strong long‑term value over the life of the policy

• Benefit from preferred underwriting with Manulife’s Healthstyle program

• Take advantage of the Deposit Option flexibility – even if they need to skip payments

• Pay their plan in 15 years with a guaranteed limited pay option

• Make use of a tax‑deferred investment account (Accumulation Account) within the policy

Your

opportunity

Designed for individuals, families and business owners looking for:

• Retirement and estate planning

• Wealth accumulation/tax deferrals

• Wealth transfer and gifting to the next generation

• Educational funding

• Cash values that can be used as collateral for a bank loan

Additional

features

• Guaranteed cost of insurance and guaranteed cash values that grow beyond age 100

• Guaranteed policy fees that end at 15 years

• Competitive approach for sub‑standard cases, including Deposit Option

• Built in Disability Benefit

Optional riders:

• Total Disability Waiver

• Guaranteed Insurability Option

• Term Insurance Riders – 10 and 20 year renewable

• Children’s Protection

Whole life insurance that delivers performance and flexibility to

maximize wealth.

For more information contact your Manulife Sales Team

Synergy, Manulife Quick Issue Term, Manulife QIT, Business Term, InnoVision, Security UL, Healthstyles and Performax Gold are registered trademarks of Manulife (The Manufacturers Life Insurance Company). Family Term, Manulife UL Level Gold Investment Account, Manulife UL YRT Gold Investment Account, Manulife UL YRT Client Investment Select and Manulife UL Level Client Investment Select are trademarks of, and are sold by Manulife. Manulife Par is sold by The Manufacturers Life Insurance Company (Manulife.) The Vitality Group Inc., in association with The Manufacturers Life Insurance Company, provides the Manulife Vitality program. The Manulife Vitality program is available with select policies. Vitality is a trademark of Vitality Group International, Inc., and is used by The Manufacturers Life Insurance Company and its affiliates under license. Life insurance products are issued by The Manufacturers Life Insurance Company. Vitality is a trademark of Vitality Group International Inc., and is used by The Manufacturers Life Insurance Company and its affiliates under license. Manulife, Manulife & Stylized M Design, and Stylized M Design are trademarks of The Manufacturers Life Insurance Company and are used by it, and by its affiliates under license.

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