Whole Life

Executive Protector 

Original line of business: Manulife

Updated on: Dec 13, 2018

Product snapshot

Executive Protector is a whole life participating policy with premiums payable to age 95.

Basic product information

Product administration guide: N/A

Sample contract: N/A

Dividend options: Yes

Bonus: N/A

Dividend options

  • Cash
  • Accumulation
  • Premium reduction
  • Paid-up additions

Bonus

N/A

Premium paying period

Premiums are payable until age 95 

Policy fees

N/A

Deposit load

N/A

Values, loans & withdrawals

Non forfeiture option: Yes

Loans: Yes

Withdrawals: Yes

Non-forfeiture option

Automatic premium loan (APL)

Loans

Loans are available

Withdrawals

Dividends may be withdrawn

Cash value

This policy has guaranteed cash values

Reduced paid up

Reduced paid up is available

Riders & benefits

Premium offset/holiday: Yes

Premium offset/holiday

  • Premium offset may be available
  • Request an illustration for a projected pop date

Death benefit

Basic coverage plus any dividends

Reinstatement period

If this policy lapses, it may be reinstated within two years thereafter on submission of application along with evidence of insurability satisfactory to the company and payment of all unpaid premiums

Convertible

No