Manulife participating dividends

What is the dividend scale?

The premiums you and other clients pay for policies are put into an account called the participating account. Manulife invests the money in this account and uses it to pay for things like operating expenses, death benefits, and dividends. Our responsibility to you, as a policy owner, is to make sure there is always enough money in the participating account to cover your current – and long-term – needs. To do this, we carefully monitor the participating account and adjust dividends (by changing the dividend scale) to reflect changes in the factors that affect the account, such as investment returns, operating expenses, and payment of death benefits.

As you know, dividends and the dividend scale are not guaranteed. They are sensitive to changes in any of the factors that affect the participating account, but especially to changes in investment returns.

Important information about the dividend scale

Effective September 1, 2023, the dividend scale is increasing for all Manulife Par and Manulife Par with Vitality Plus™ policies (with policy dates after June 23, 2018), Manulife Open (Performax)(pre-2009), and Closed Trad Terminal Dividends. The other participating policies will have no change in dividend scale other than Zurich ISL 85, 88, 89 which has a decrease.

Where can I get more information about my participating policy?

Please refer to the Client Flyer (PDF) for more information about this year’s dividend scale change. If you have questions about dividends or special payment arrangements on your participating policy, please contact your advisor or contact us at 1-888-841-6633. If you don’t have an advisor and would like to talk to one, you can use the  Find an Advisor tool.

Participating account management policy

Dividend policy