Manulife CoverMe
CoverMe FollowMe Life Insurance

FollowMe Life Insurance

Coverage that starts when your group life insurance stops

Is your group life insurance coverage coming to an end because of a job loss, retirement or career change? The FollowMe Life insurance plan is the simple, economical solution.

Specifically designed to start when your group life coverage stops, it offers life insurance coverage from $25,000 to $200,000, giving you the peace of mind and added security of knowing your loved ones' financial protection will continue uninterrupted.

Best of all, if you apply within 60 days of your group coverage ending you do not need to complete a medical questionnaire1 - and your acceptance is guaranteed!2

Plan Features

Economical rates
Affordable premiums make this life insurance simple to budget for, both today and in years to come.

Choice for you and your spouse
Choose the amount of coverage that suits your family and budget - from $25,000 to $200,000. You are eligible to apply for the same amount of coverage you had under your group life plan, or less. Your spouse can also apply for the same amount of coverage or less than he or she had under your group plan.

Uninterrupted coverage
FollowMe Life insurance protection starts when your group life insurance stops, so you won't have to worry about any interruption in coverage.

Acceptance Guaranteed - if you apply within 60 days
Your acceptance is guaranteed if you are a Canadian resident between the ages of 18 and 69, and you apply within 60 days of your group life coverage ending.

No medical questions - if you apply within 60 days
If you apply within 60 days of your group life coverage ending you will not have to answer any medical questions. If you apply after 60 days, you will have to complete a medical questionnaire.

Guaranteed renewable up to age 80
Your coverage is guaranteed to continue up to age 80 - regardless of any changes in your health. Your coverage will not be cancelled, as long as your premiums are paid.

Non-smokers save up to 60%
Non-smokers enjoy up to 60% savings on their premiums compared to smokers.

Living Benefit included - at no additional cost
You are eligible for a compassionate one-time cash advance of up to 50% of your life insurance coverage (to a maximum of $50,000) if you are diagnosed as terminally ill with 12 months or less to live. 3

Choice for your beneficiary
Your beneficiary isn't taxed on the benefit amount. They can use the lump-sum payment towards the mortgage, outstanding debts and loans, living expenses, education expenses... The choice will be theirs.

You'll "own" this coverage
Unlike group coverage that can change or end as you move from one employer to another or retire, you will "own" your FollowMe Life insurance coverage up until age 80.

Flexible payment options
Choose the payment method that suits you best: Visa, MasterCard, American Express or direct monthly withdrawal from your chequing account by Pre-Authorized Debit.

Earn AIR MILES« reward miles
When you pay your premiums monthly by credit card or pre-authorized debit, you have the opportunity to collect AIR MILES« reward miles every year as a FollowMe Life policyholder.

Applying is fast and easy
Life insurance is an essential part of any sound financial plan. Apply online in the comfort of your home, when it's convenient for you.

1 The only health-related question you will need to answer is whether or not you are a smoker, which is used to determine your premium.
2 Acceptance is guaranteed upon receipt of initial premium payment.
3 To be eligible for the FollowMe Life Living Benefit, your policy must be in effect for at least two years.

Apply within 60 days and your acceptance is guaranteed

If you are a Canadian resident between the ages of 18 and 69, and you Apply within 60 days of your group life coverage ending, your acceptance is guaranteed.

Satisfaction guaranteed - or your money back!

Once you receive your FollowMe Life insurance policy, review it carefully. If you are not completely satisfied, you may return your policy to Manulife within 30 days of the issue date to have your coverage cancelled, and your entire premium will be promptly refunded. No questions asked.

FollowMe Life insurance important notice

Premiums are based on your attained age. Premiums are banded in primarily five-year age bands (35 to 39, 40 to 44, etc.) until age 70 where premiums then increase annually. As you move into the next premium age band your premium will increase. The premium rates are not guaranteed and could change on any policy anniversary date.

This is not a contract. Actual terms and conditions will be detailed in the new FollowMe Life policy to be issued by Manulife upon final application approval. This policy may differ from your current/former group life policy and will contain important details concerning exclusions, conditions and limitations, including a 2-year pre-existing condition limitation. Please review it carefully upon receipt.