Manulife Canada has launched two new insurance products, the 75/100 Segregated Fund Series and Manulife Guaranteed Issue Life. The offerings aim to meet the needs of individuals seeking to preserve their assets and ensure long-term financial security.

The 75/100 Segregated Fund Series offers a unique investment solution with a 75% maturity guarantee and a 100% death benefit guarantee. According to Manulife Canada, this product is ideal for Canadians looking to secure wealth and leave a lasting legacy. It comes with competitive pricing, a simplified fee structure, and access to top-tier fund lineups, allowing policyholders to lock in market growth through automatic annual resets.

The Manulife Guaranteed Issue Life product aims to broaden access to life insurance by removing medical exams and health questions for all Canadians aged 18-75. The permanent life insurance policy offers coverage up to $100,000 for individuals aged 18-70, and up to $50,000 for those between 71 and 75. Additionally, the policy integrates with Manulife Vitality Go, a wellness program that rewards clients for engaging in healthy behaviors.

“Segregated funds and permanent life insurance products are becoming more and more popular because they are accessible, convenient and most importantly provide Canadians with a coverage guarantee to help protect what matters most to them,” said Paul Savage, head of individual insurance at Manulife Canada.

“By providing Canadians with more accessible options, Manulife is doubling down on our commitment to helping all Canadians save, prepare, and secure their financial futures.”

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