Manulife Travel Insurance Review
Manulife Financial Corporation is a leading financial services provider operating since 1887. Manulife has a global headquarters in Toronto, Canada, but also operates across Canada, Asia and Europe.
Depending on the policy, the underwriter for Manulife is either The Manufacturers Life Insurance Company or First North American Insurance Company.
Manulife is the most popular with Canadians under age 59.
Manulife Standout Policy Benefits
Hospitalization and Medical Services
$10 Million (Manulife Emergency Medical Plans)
Baggage
$3,000 (Manulife Single-Trip All-Inclusive Plans)
Cremation at Place of Death
Up to $25,000 (Manulife Student Plans)
Manulife Advantages & Disadvantages
| Advantages | Disadavantages |
|---|---|
The Manulife Emergency Medical policy costs less than the average policy cost above age 55. | The Manulife COVID-19 Pandemic Plan is a higher cost at all ages compared to the average cost of Canadian insurance. |
Manulife is a reputable company with a longstanding history. | The Manulife Emergency Medical Plans have extensive medical questionnaires for travellers above the age of 60. |
Low pre-existing condition stability periods of 90 or 180 days, depending on the plan. | Policy language may feel complex for first-time buyers. |
The Manulife Individual Underwriting plan has a stability period of only 1 day, which is shorter than all other plans for Canadians. This is a great plan for people who need a policy with a short stability period. |
