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Ready LifeIncome

Manulife

Category

Whole Life

Coverage

Death, Terminal Illness

Coverage Term

Whole Life . Up to age 120

Overview

Manulife Ready LifeIncome is a limited pay, whole life insurance plan. The plan provides lifetime yearly cash payout from the 5th or 10th policy year up to the age of 120. Policy offers option to appoint a Secondary Life Insured to allow pay-outs to span across 3 Generations. Ideal for 3 generation planning, and wealth transfer. No medical underwriting is required.

Key Features

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Earn up to 45% commission rebates*

*For eligible insurance plans only

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Understanding Whole Life Plan

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.

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