Sample insurance contracts

Considering buying life insurance or health insurance? These sample contracts will give you an idea of the type of details you might find in a real policy.

Important: These are examples of insurance contracts only. We’ve provided them here just to give you an idea of the types of language a life or health insurance contract may include. These sample contracts are not official contracts or offers of insurance.

Life insurance

1. Manulife UL

These sample contracts show a few available Manulife UL (Universal Life) insurance options. There are other types and death benefits available as well. If an option you’re looking for isn’t included below, please speak with your advisor.

Also, if you’re looking to add more insurance protection to a Manulife UL policy, we have Term Insurance Riders (TIF) or Child Protection Riders (CPR) available.

**Policies for one person:**
Policy Description	Premium Type	Duration	Death Benefit Type
YRT to age 85 or for 20 years, Face plus – one insured	YRT	To age 85 or 20 years	Face Plus
YRT to age 85 or for 20 years, Level – one insured	YRT	To age 85 or 20 years	Level
Level to age 100, Face plus – one insured	Level	To age 100	Face Plus

**Policies for two people:**
Policy Description	Premium Type	Duration	Death Benefit Type
Level to age 100, account value – two insureds	Level	To age 100	Account Value
YRT to age 85 or for 20 years, Face plus – two insureds	YRT	To age 85 or 20 years	Level
YRT to age 85 or for 20 years, Level – two insureds	YRT	To age 85 or 20 years	Level
Level to age 100, Face plus – two insureds	Level	To age 100	Face Plus
Level to age 100, Account value – two insureds	Level	To age 100	Account Value

Note:
YRT = Yearly Renewable Term, premiums increase over time
Level = Premiums do not change during the life of the policy
Face = Face value of the death benefit, sum paid out to beneficiaries
Plus = Might suggest additional features or benefits included or added to a policy’s face amount
Account value = Policy typically includes an investment or cash value component