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Your insurance needs
Based on the information you’ve provided, we’ve calculated the amount of insurance you may need and how much it may cost. You may find it helpful to discuss these results with your financial advisor. If you don’t have a financial advisor, we can help you locate someone in your area.
March 23, 2020
These results are based on:
Life insurance – The amount of insurance has been increased to $100,000 to meet product minimums.
Life insurance – The amount of insurance has been decreased to $10,000,000. Quotes for amounts greater than $10,000,000 may be obtained from your advisor.
Life insurance – Family Term – Term-20 is available to clients age 60 and below. Your life insurance need is provided above. Your advisor can help determine which products may be right for you and provide you with a quote.
Disability insurance – The monthly benefit amount has been increased to meet product minimums.
Disability insurance – The monthly benefit amount has been decreased to meet product maximums.
Disability insurance – To be eligible for disability insurance, you must be between the ages of 18 and 60. You must also be employed with an annual income of at least $12,000.
Critical illness insurance – The amount of insurance has been increased to $25,000 to meet product minimums.
Critical illness insurance – The amount of insurance has been decreased to $2,000,000 to meet product maximums.
Critical illness insurance – To be eligible for critical illness insurance, you must be between the ages of 18 and 60.
Consider Synergy
Synergy, Manulife’s unique combination insurance, includes a life insurance policy, a disability insurance policy and a critical illness insurance policy – all in one affordable, easy-to-manage package.
Here’s an estimate of how much Synergy you may need based on the information you provided in the life insurance calculator.
March 23, 2020
You : The cost estimated is for a Synergy – Term 10 solution of $500,000 with a $600,000 term insurance rider
term insurance riders are available with a minimum coverage amount of $100,000
for a male/female, age 18-60, smoker/non-smoker.
Your partner : The cost estimated is for a Synergy – Term 10 solution of $500,000 with a $600,000 term insurance rider
term insurance riders are available with a minimum coverage amount of $100,000
for a male/female, age 18-60, smoker/non-smoker.
Combination insurance – The amount of insurance has been increased to $100,000 to meet product minimums.
Combination insurance – The amount of insurance has been decreased to $500,000 to meet product maximums. Term insurance riders are available with a minimum coverage amount of $100,000.
Combination insurance – To be eligible for Synergy insurance, you must be between the ages of 18 and 50
