Managing multiple large expenses

You are currently managing a number of large expenses or expect to be soon.

Scenario

I am still paying off my student loans, contributing to my RRSP, and trying to save for my next vacation. And though I wanted to get a Life Insurance policy I wasn’t sure I could swing another payment. There isn’t enough money to go to everything and I was getting stressed trying to figure out what to prioritize. 

Result

I talked with a Licensed Insurance Advisor and realized that I could get an Optional Life Insurance policy for as little as $15 a month. Knowing this, I decided to just contribute $8 less to my savings and RRSP every month and use that $16 to cover the cost of my new policy. This way I was still making monthly payments and saving for my vacation, but now that I have Life Insurance, it put me at ease to know that if something happens to me, my family has help to cover my debts without worrying about how to pay for it. 

Get more information

Find the support you need

Group Benefits support
Visit the Plan Member site by signing in with your Manulife ID to review your benefits plan and get more information and support options.

Individual Insurance support
You can reach out to Manulife CoverMe® to get additional information and support.