5:34 PM
zakri
Manulife Financial Is Raising Term 100 Rates
Another policy rate
is on the rise.
Photo by Balazs Gal
Manulife Financial is raising it’s Signet Term 100 and Term 100 Family Term rates effective April 23, 2011.
Term 100 insurance is a hybrid permanent insurance plan that provides fixed premiums and lifetime protection, but does not build a cash value in most cases. Whole life policies on the other hand, provide fixed premiums, lifetime protection and build a cash value. However, initial premiums on whole life policies are much higher.
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