Manulife Financial Corporation: Health, Disability, Dental Insurance and Group Benefits

In this article, we shall discuss about Manulife Financial Corporation, as one of the insurance companies in Canada. To enable us achieve this, we shall look into these subtopics: Overview Of Manulife Financial Corporation, Background Of Manulife Financial Corporation, Insurance Services Covered By Manulife Financial Corporation, Health And Dental Insurance, Disability Insurance and Critical Illness Insurance.

Now, let’s begin with the introduction of the topic.

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Overview Of Manulife Financial Corporation

You can find the head office of the Manulife Financial Corporation in Toronto, Ontario. Apparently, it functions as a multinational insurance company and financial services provider in Canada. Other locations of the company are in Asia and in United States.

The company has a considerable high work force and functional agents under contracts. Also, it has CA$1.4 trillion in assets under management and administration. In terms on accomplishments, no other insurance company in Canada is bigger than Manulife.

Background Of Manulife Financial Corporation

At the middle year of 1887, Canada’s prime minister, John A. Macdonald, and Ontario’s lieutenant-governor, Alexander Campbell led the Manulife. J. B. Carlile, also played an influential role in the early stage of the company’s functionality.

Insurance Services Covered By Manulife Financial Corporation

This insurance company aids citizens of Canada to gain a range of insurances services. The most common insurance service is the health insurance. For the health and dental insurance, Canadian citizens can have their health expenses that are not funded by provincial plans, covered.

Another insurance service that Manulife give us the “Disability insurance or critical illness insurance”. The benefit of this is that, it safeguards you and your family from loss of income. Meanwhile, let’s look deep into some of the insurance services that is available in Manulife Financial Corporation.

Health And Dental Insurance

There are some health services that are meant to be covered by the government but are not. So, health and dental insurance offers you that benefit for medical costs government healthcare doesn’t cover.

To know how to get it, you have to follow some steps. However, you ought to know that the Manulife Financial Corporation will offer insurance to you and your family.

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Disability Insurance

Those who are disabled or handicapped are those who can benefit from this insurance. Meanwhile, what it does is to confer on you a tax-free monthly payment which will offset your outstanding bills or stand in for your salary.

Disability here, cuts across all forms including invisible disabilities. As long you are incapable of carrying out a particular task due to an impairment, you are entitled to this insurance.

However, with this insurance, your business and family is safe from unforeseen circumstances and is covered by Manulife.

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Critical Illness Insurance

In a case where you are suffering from a chronic illness, the Manulife critical illness insurance takes over by making your tax-free payments so you can recover quietly. Apparently, not all illnesses are considered under the critical illness insurance. However, some serious illnesses that your insurance may cover are: cancer, heart attack or stroke.

FAQs

What Does Manulife Insurance Corporation Do?

They offer insurance services to citizens of Canada.

What Type Of Insurance Company Is Manulife?

Manulife Insurance Corporation is a multinational insurance company.

Is Manulife Insurance Company The Largest Insurance Company In Canada?

Yes, Manulife Insurance Company is the largest insurance provider in Canada and offers a broad range of financial services.

What Is Manulife Full Company Name?

The full company name is Manulife Financial Corporation. However, it is based in Toronto and is Canada’s largest insurance company. Also, in the world, it is one of the world’s largest.

When Was Manulife Insurance Corporation Founded?

It was founded in the year 1887.

Conclusion

Manulife Insurance Company aids citizens of Canada to gain a range of insurances services. However, you can still research more on these subtopics: Overview Of Manulife Financial Corporation, Background Of Manulife Financial Corporation, Insurance Services Covered By Manulife Financial Corporation, Health And Dental Insurance, Disability Insurance and Critical Illness Insurance.