  |    |
        |
 |
 | ||
| |||
 |  | |
| ||
|  | |
| ||
|  | |
| ||
| ||
|  | |
| ||
 |  | |
| · | News Releases |
| · | Multimedia Centre |
| · | Virtual Press Kits |
| · | Fact Sheets |
| · | FAQ |
| · | Contact the Newsroom |
| ||
|  | |
| ||
|  | |
| ||
Manulife New York launches new universal life insurance product Manulife New York UL-LC Provides More Affordable Death Benefit Protection Valhalla, NY -- Addressing the need for an affordable death benefit solution with the flexibility of additional security, The Manufacturers Life Insurance Company of New York (Manulife New York) introduced a new product to their universal life insurance portfolio. Manulife New York UL-LC1 provides a choice for clients whose primary need is an affordable universal life insurance product. Manulife New York UL-LC is designed to provide affordable lifetime insurance protection. Clients who desire additional security have the option of purchasing an innovative Extended No-Lapse Guarantee Rider2 with no interest penalty on catch-up, which provides an additional level of premium protection. With its blend of affordability, security, and flexibility, Manulife New York UL-LC allows clients to tailor their policies to their own specific needs and to make adjustments as their needs change. “With the current volatility in the stock market, we see more clients looking to universal life to meet their insurance needs,” said Robert A. Cook, representative of Manulife New York. “Our new universal life product offers advisors more choices to meet this increased demand. By expanding the breadth of our universal life portfolio, we now have a universal life product for almost any client need.” About Manulife New York Manulife New York is committed to offering the highest quality annuity, life insurance, and pension products to our clients. Its family of products has been built around a powerful combination of investment options chosen with the goal of providing attractive, risk adjusted returns and broad diversification across asset classes, investment styles and asset managers. With Manulife New York’s broad product lines, competitive underwriting, excellent ratings and quality customer service, Manulife New York is committed to providing quality products designed to help create and preserve wealth for our clients. Manulife New York can be found on the Internet at www.manulifenewyork.com. 1 Manulife New York UL-LC is a universal life insurance product issued by The Manufacturers Life Insurance Company of New York, Valhalla, New York. 2 The Extended No-Lapse Guarantee Rider (ENLG) ensures that your policy will not lapse during the extended no-lapse guarantee period selected as long as your cumulative premiums paid are at least equal to the cumulative ENLG premiums. The ENLG and ENLG period must be selected at policy issue for an additional cost. -30- Media Contact:Wendy Smith U.S. Communications 617-854-4348 wendy_smith@manulife.com |
|
