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.
Family Term Life with Vitality plan is the Manulife’s term life insurance product for family protection with reward points and healthy lifestyle programs under the life insurance category.
It gives you the opportunity to improve your health and at the same time helps you to protect your family and also earn reward points that can sufficiently lower the amount you pay on premiums.
You can earn reward points for completing the health, educational and fitness-related activities. There are two reward programs are available in this plan, namely, Vitality Points and Vitality Status. Several optional add-ons are also made available in this coverage. For instance, the plan allows you to get protection when serious injury or death occurs.
A lot of considerations are necessary to make sure you’re leaving your dependents in solid financial shape.
Get physically fit with Vitality program and be protected at the same time
Several features and benefits are included in this plan. The more engaged you are with the program and live a healthy lifestyle, the more rewards you can enjoy.
This popular plan has several benefits outlined below: