LifeReady
Manulife
Category
Whole Life
Coverage
Terminal Illness, Death, Total Permanent Disability
Coverage Term
Whole Life
Overview
Manulife LifeReady is a regular premium, participating, whole life insurance plan. It provides coverage against death, terminal illness, and up to age 70 for total and permanent disability. Choice of enhanced protection up to 5x sum assured. Choice of limited premium payment term.
Key Features
-Whole life insurance offers coverage for life and is commonly used for protection and legacy planning. This is unlike term insurance that only provides coverage for a specified period. Plans are usually offered on a participating basis and will accumulate cash value, allowing you to cash out should the need arise.
