Term life insurance is a life assurance that provide coverage at a fixed rate of payments for a limited period of time in the event of death of the insured persons. There are two basic types of life insurance: term and permanent.
Insurance is a peace of mind product. A good insurance policy assures you that your loved ones won’t suffer financially should anything happen to you.
Taking out a life insurance plan is one of the most difficult and selfless acts a person can accomplish. You are contemplating the unknown, but you are doing it for the benefit of those who will be left behind.
CoverMe Term Life plan is the Manulife’s best term life insurance product for individual protection that designed for people that have limited financial budget.
Manulife CoverMe Term Life Insurance is a simple, affordable and flexible coverage to fit to your lifestyle that can help you manage several aspects of your finances. It can be useful in growing your family, taking care of your mortgage debts and financing your children’s education. This plan can help protect your family’s financial security and also give you peace of mind by leaving a benefit to cover their expenses if something happens to you.
Manulife understands your financial situation due to your growing family that’s why CoverMe Term Life plan created to help get you covered even with a limited budget so that you only pay for the coverage you need and your rates are guaranteed not to increase for 10 years.
A coverage option that you and your family can count on when you need it most
Several coverage benefits are available for you for this plan. Like having a 30-day money-back guarantee if ever decided to not continue the plan and many more that listed below.
This popular plan has several benefits outlined below: