You will enjoy coverage for 5 years after which policy will automatically renew every 5 years. The maximum renewal age is 70.
No. This policy has no cash value.
Yes, there is a 90-day waiting period from the policy issue date or date of reinstatement of the policy, whichever is later. Waiting period is the time specified which must pass before the coverage begins.
The person insured must also survive for at least 7 days from the date of diagnosis of cancer. Otherwise, only the death benefit shall be payable.
No. If the life insured is diagnosed with cancer and survived for at least 7 days from date of diagnosis, the cancer benefit will be paid out and the policy terminates. Otherwise, only the death benefit shall be payable.
Manulife will not pay the cancer benefit if: