CoverMe^™ Term Life Insurance

The CoverMe Term Life plan offers a wide range of protection and choice.

Recognizing that everyone's financial needs are different, the CoverMe Term Life plan lets you choose the amount of coverage that makes sense to you. With coverage starting at $25,000 up to a maximum of $1,000,000 in increments of $25,000, you select and pay for only the coverage you want and need.

Affordable coverage. And premiums that are guaranteed not to increase for 10 years!

CoverMe Term Life premiums are based on your gender, smoking status and your age when you apply. So the younger you are when you apply, the lower your premiums will be -- for the next 10 years. At the end of the first 10 years and every 10 years thereafter as long as your policy is in force, your coverage will be renewed at your new age-based rate.

In addition, the CoverMe Term Life plan offers non-smokers significant savings - on average 50% lower than for smokers.

A Compassionate Cash Advance

The CoverMe Term Life plan includes a Living Benefit at no additional cost. Should you be diagnosed with a terminal illness with less than 12 months to live, you could receive a cash advance of up to 50% of your CoverMe Term Life coverage - up to a maximum of $100,000 tax-free - provided you are less than 83 years of age and your policy has been in effect for at least two years.

You won't have to pay any further premiums and can use the money however you wish. So instead of worrying about your finances, you can focus on yourself and your family. At the time of death, your beneficiary will receive the balance of your coverage amount.

Coverage that is guaranteed renewable up to age 85.

CoverMe Term Life coverage is guaranteed renewable every 10 years up until your 85th birthday, regardless of any changes in your health. Even if your health declines, your coverage will not be cancelled as long as your premiums are paid. This eliminates any concerns about your future insurability, giving you security and true peace-of-mind.

Coverage that is portable

Unlike group life insurance that can change or end as you move from one employer to another or retire, you'll own your CoverMe Term Life coverage no matter where life takes you next.

And you can convert your CoverMe Term Life coverage to a permanent life policy

Should you decide at any time before age 70 that term life protection no longer satisfies all of your needs, you can convert to a permanent life insurance policy offered by Manulife Financial - without any additional medical information and regardless of your health. The rates that are then in effect for the permanent life insurance plan will apply.

CoverMe Term Life premiums are based on your gender, smoking status and your age at the time of application.

Apply now, before your next birthday, and you will save money by locking in at a lower premium for the next 10 years.

This is not a contract. Actual terms and conditions are detailed in the policy issued by Manulife Financial upon final application approval. It contains important details concerning exclusions, conditions and limitations. Please review them carefully upon receipt.