Life may have unknowns, but Manulife Par makes up for that with dependable, hassle-free protection

Take comfort in seeing immediate growth of your policy’s cash value, and keep confident your plan delivers long-term protection, all with potential tax-saving advantages.

  • Guaranteed premiums
  • Guaranteed amount of insurance that remains in effect for your entire lifetime
  • Guaranteed cash value that grows over time


Earn an annual dividend to grow your insurance coverage and cash value beyond guarantees

Choose how long you pay your premium and, how frequently

Access your policy’s cash value at any time or, if you become disabled

Make additional payments into your policy to increase your protection, whenever you choose!

Reach your long-term financial goals and benefit from tax-advantaged options

Build collateral for a loan, enhance your estate planning, and compliment a retirement plan

Plan details

Core plan:

  • Coverage starts at $100,000
  • No policy fees
  • Guaranteed payment duration for 10 or 20 years - you choose!
  • Single life or Joint last-to-die coverage options

Optional add-on:

  • Get extra protection by adding term life insurance
  • Skip payments if you become disabled, subject to certain conditions
  • Guarantee your future eligibility for life insurance
  • Protect your children and guarantee their future life insurance coverage

Note: Above features may be subject to terms and conditions.

Ready to buy?

If you’re ready to buy Manulife Par, or if you have questions, speak to your advisor. Don’t have an advisor? We can help find you one.

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