Manulife Financial
#5 in Life Insurance · Rated 4.4
Global insurer offering term, UL and indexed products
Manulife is a Canadian multinational life insurer with a broad international footprint, including John Hancock in the US and operations across Asia. Its product lineup spans term life, universal life and indexed universal life (IUL), with a focus on flexibility, wealth-building features and cross-border planning. Manulife emphasizes capital efficiency and selective regional expansion, exemplified by strategic reinsurance activity and partnerships. The brand is well-regarded for multi-jurisdiction capabilities, strong financial strength, and a diverse product suite that serves mid- to high-net-worth clients as well as mass-market buyers in several markets.
Features
- Term Life (global availability)
- Universal Life and Indexed Universal Life
- Riders for living benefits
- Multi-region product availability (Canada/US/Asia)
Pros
- Strong international presence
- Broad product set across term and permanent life
- Cross-border planning capabilities
Cons
- Availability and pricing vary by country
- Some markets rely on local brands (e.g., John Hancock in US)