SAMPLE QUOTATION

Who should consider Manulife React5?

Manulife React5 are designed for individuals who need flexible, affordable life insurance protection. These plans can be a great fit for:

  • Young professionals looking for short-term life coverage at an affordable cost

  • New parents who want to secure their family’s future with flexible, renewable coverage 

  • Individuals nearing retirement who need affordable coverage during their last working years before transitioning to permanent life insurance

  • People in transitional life stages, such as starting a new job, buying a home, or going through major life changes, who need affordable protection without long-term commitment

Frequently asked questions

What is the term life insurance?

There are two types of life insurance policies: term life and whole life. 

'Term life' means we cover you for a defined period of time (for example, 25 years) whereas 'whole life' means we cover you for your entire life.

What happens to my coverage at the end of their term?

For React5, you can renew your coverage every five years until age 80. Note that premium rates will increase as this is based on your age upon renewal. 

Is 5-year term life insurance cheaper than long term plans?

Yes, 5-year term life insurance is typically cheaper than long-term plans because it provides coverage for a shorter period and has lower premiums.

Can yearly renewable term life insurance be converted to permanent insurance?

Yes, yearly renewable term life insurance can often be converted to permanent insurance, depending on the terms and conditions of the policy.

Manulife | Skyline Summit Unit 2026