Build. Protect. Grow. Shape your fnancial future with ... Life insurance protection and...
Embed Size (px)
Transcript of Build. Protect. Grow. Shape your fnancial future with ... Life insurance protection and...
Build. Protect. Grow. Shape your fnancial future with Manulife UL
Life insurance protection and tax-advantaged investing in a singLe, convenient soLution
UNIVERSAL LIFE INSURANCE
of these famiLies
26% are insured
50% are not
but may not insured
Life is constantly evolving. But throughout all of life’s stages, one thing remains the same – the need to plan ahead – to build wealth and protect the bright financial future you’re building for yourself and your loved ones.
Life insurance is one of the most straightforward ways to protect what’s important, but before making
a purchase decision, ask yourself:
• Are your family’s fnances protected in case of an early death of a primary income earner?
• Do you have outstanding debt? Who is responsible for that debt if you die?
• Would you like to leave a tax-free inheritance to your loved ones or to a charity when you die?
Whatever your life stage, consider adding manulife uL universal life insurance coverage to your
fnancial plan. ask your advisor how it can help you protect your loved ones and enhance the
fnancial legacy you leave behind.
How well are you insured?
nearLy 1 in 2 canadian househoLds have unmet Life insurance needs
Many simply don’t have enough
life insurance – or have no insurance
protection at all.
2 i canadian
n 3 famiLies
aren’t sure they could meet their
immediate living expenses if the primary
wage earner in their family died.
45% of canadians say they don’t have enough
Your advisor can help you
determine what is right for you
and your situation
MIND THE GAP
How much coverage is enough? Even for Canadians who do have life insurance,
there’s about a 2-year gap between:
6 the number of years they want their income replaced when they die vs.
the number of years their existing insurance would actually cover
3.9 LIMRA, Canadian Life Insurance Ownership Household Trends, Series 2 of 4, 2013. The 2013 Canadian Ownership Study was weighted to bring the sample as close as possible to Statistics Canada population figures to ensure the sample was representative of the Canadian household population.
Universal life insurance
offers long-term (permanent)
Ensures your loved ones receive
a lump-sum, tax-free death
beneft after you die
Grow your investments on a tax-deferred basis
Create account value that you may be able to access1
if a need arises Can help preserve the value
of your estate for those you care about Build your wealth and the legacy
your loved ones receive after you die – tax free
A portion of your deposit covers the cost of insurance
and any investment
Less deposit fee management fees Insurance protection
Your deposit Your deposit, typically monthly, and minus a Deposit into the deposit fee goes into
your investment account(s) investment account(s) you choose
Account value Your investment(s) earn
a return (positive or negative) based on their performance
Cost of insurance
Universal life insurance a singLe, duaL-purpose soLution for your financiaL pLan When it comes to fnancial planning, we know setting goals, including putting a life insurance plan in place is
the right thing to do for our loved ones. But we often underestimate the need for insurance coverage, or struggle
when it’s time to make the decision.
There’s a way to simplify your fnancial planning through one, convenient insurance solution designed to meet both
your life insurance and investing needs. It’s called universal life insurance – a blend of two key fnancial planning
elements in a single, straightforward policy:
protection for your
to help enhance the fnancial
legacy you leave behind pLus 1 2
A simpler way to achieve two important goals The insurance protection and investment components of universal life work together to meet a variety of
fnancial planning needs:
1May be subject to taxation.
It works hard, but simply The purpose of a universal life insurance policy is two-fold. It provides long-term insurance protection to
protect the legacy you’re building for those you care about. It also gives you the opportunity to invest and
build additional wealth over time, within the same policy.
The life insurance protection and the investments held inside a universal life policy can be paid to your
benefciary, tax free when you die, leaving a larger fnancial legacy than what might otherwise be possible.
While that’s a lot to accomplish, don’t mistake hard work for complexity. The way universal life insurance
works is quite simple.
Illustration shows how universal life insurance works when payments in excess of the cost of insurance are made.
making your poLicy Work for you Whether or not you want to take advantage of the investment component of your universal
life insurance policy or simply want the insurance protection, you always have the option to
beneft from this unique universal life investment feature – it’s your choice.
It’s just another way a universal life insurance policy can provide fnancial opportunities
based on your personal needs.
125+ years of history
$25 million+ 1 in 5 With Manulife, in charitable Canadians2
donations (2014) you can feel
your trust is
28,600+ $37.9 billion employees market
worldwide2 C$635 capitalization1 billion in funds under
The Manulife UL advantage simpLe, cost-effective, convenient. If you’re looking for a straightforward, long-term, cost-effective life insurance solution, Manulife UL may be
the right choice for you.
Choose from a variety of simple and affordable plan options to help meet your insurance and investing needs.
manage your money the Way you Want
Choose your investment accounts based on your investment style and the amount of risk you’re comfortable with.
hands-on investor? hands-off investor?
Choose, review and manage your own investments.
You’ll have more than 50 best-in-class investment
account options to choose from.
Let Manulife manage your investments using a single
investment account designed to help decrease the
impact of market ups and downs.
No matter which investment approach you choose, investments inside your Manulife UL policy can
grow – tax deferred, helping to build wealth for you and your loved ones.
choose the best fit for your needs From how you want to invest, to how you pay for your insurance, to how much or little you want to invest, Manulife UL
offers a range of solutions to help meet your unique fnancial planning needs.
Plus, you have the option to add extra protection for your family with Children’s Protection Rider coverage if you
ready to get started With manuLife uL? Your advisor can help prepare a detailed evaluation of your insurance and investment needs and tell you more about
the unique features and benefts of a Manulife UL insurance policy.
Discover how you can shape your financial future with Manulife UL.
Put your trust in Manulife
Manulife is a leading Canada-based fnancial services company with principal
operations in Canada, Asia, and the United States. Since welcoming our frst
customers in 1887, we have built a signifcant global presence by providing our
customers with strong, reliable, trustworthy and forward-thinking solutions for
their most signifcant fnancial decisions.
1As at January 31, 2014. 2As at March 31, 2014.
for more information, pLease contact your advisor or visit manuLife.ca/uL today
Manulife UL is sold by Manulife (The Manufacturers Life Insurance Company). Manulife, the Block Design, the Four Cubes Design, and Strong Reliable Trustworthy Forward-thinking are trademarks of The Manufacturers Life Insurance Company and are used by it, and by its affiliates under license.