Manulife is Canada's largest life insurance company and one of the world's top-10 insurers by assets. Founded 1887 in Toronto. Offers term, whole, universal, and segregated funds — plus group benefits for 60% of Fortune 500 companies. Often the default choice for households with $1M+ life insurance needs.
Standard term coverage. Often 20-40% pricier than PolicyMe for healthy applicants.
Permanent participating policy. Cash value + dividends. $5K+/yr premiums typical.
Flexible permanent insurance with investment component. Sophisticated estate planning tool.
Pays lump sum on cancer/heart attack/stroke. 25 covered conditions.
Mutual fund + insurance hybrid. Creditor protection + guarantees.
For employers. Health, dental, disability, life — bundled for staff.
Manulife wins for high-net-worth households needing whole life, UL, or segregated funds. Premium pricing is 20-40% higher than digital insurers — but the breadth of products + financial strength rating justify it for sophisticated needs. For simple term coverage, PolicyMe wins on price and speed.