Critical Illness (CI) Insurance offers a lump sum cash benefit upon diagnosis of over 20 covered medical conditions*. This protection gives you the freedom to make choices regarding your treatment, care and recovery. Having financial independence during an illness may help in your recovery, while preserving your investments, savings and assets for your future.
Disability insurance typically provides disability income benefits that begin at the end of a specified waiting period and that continues when the insured person either returns to work, dies, or becomes eligible for pension benefits. Disability insurance exists to replace income in the event of total, or in some cases partial disability, due to accident or sickness.
It is sometimes recommended to purchase Simplified Issue Critical Illness (CI) insurance because only a few health questions need to be answered to qualify for this Critical Illness Coverage.
The face amount (up to $100,000) is paid in a lump-sum, 30 days after the diagnosis of one of the covered illnesses or medical conditions: cancer, heart attack, stroke or coronary surgery. The benefit is paid tax-free to the insured or beneficiary.
* Refer to the policy contract for covered conditions and particulars.
Travel Health Insurance is essential to have in place when travelling. Plan your next trip and set your financial safety net in place also.
For more information or to purchase your Travel Insurance plan to suit your needs, visit Manulife’s website:
Long Term Care Insurance provides for the day-in, day-out assistance you need when a serious illness or disability renders you unable, physically or cognitively, to care for yourself for a lengthy period of time. Long-term care can be provided at home or at a nursing facility, assisted living or alternative care facility.
Term 100 Insurance is permanent coverage that covers you for your lifetime. Your premium is based on your age at issue; premiums remain level for the whole term. Term 100 life insurance coverage does not expire and will stay in force as long as the premiums are paid. Term 100 Insurance typically does not accumulate cash values; however, some may have a cash surrender value (CSV) at a particular policy renewal date. Refer to your Term 100 policy contract for details before considering cancellation or redemption.
A one-of-a-kind, three-in-one solution
Synergy offers the protection of a three-in-one solution: a life insurance policy, a disability insurance policy and a critical illness insurance policy all in one package.