The Manufacturers Life Insurance Company: 2024 guide
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Discover the methodologyThe Manufacturers Life Insurance Company is the biggest private insurance provider in Canada. Founded in 1887, in Ontario, the company has grown from strength to strength, innovating as they go along and ultimately becoming a transnational company operating all around the globe.
At the turn of the 20th century, The Manufacturers Life Insurance Company started operating under the shortened name Manulife, which has since become a household name to almost every Canadian.
By providing an incredible selection of diverse insurance products at affordable rates, Manulife has been able to expand into every insurance niche by offering a specific solution to nearly every individual.
For example, if you have pre-existing conditions that have hindered you from getting insurance in the past, then Manulife’s no-medical life insurance solution is for you. Or, if you’re early in your career with a limited budget, Manulife’s short-term life insurance will give you peace of mind at an affordable rate.
Good to know
Read our full review on Manulife life insurance, its various products, premiums, and all the information you need to decide if it's the right choice for you.
Is The Manufacturers Life Insurance Company a good insurance provider?
With over 34,000,000 million customers around the world, taken care of by more than 40,000 employees, it wouldn’t be hard to argue that The Manufacturers Life Insurance Company is a good insurance provider.
By focusing on client's needs within the financial sector, staying on top of technology, and continuously working on providing the best insurance products, Manulife has managed to continuously grow its clientele while maintaining a decent reputation in the insurance world.
Transparency also seems to be a key feature transcending Manulife’s online presence. You can find sample contracts and policy documents readily available on their website, in addition to online quoting tools and life insurance calculators to help prospects figure out how much insurance they need and what their premiums are likely to be.
Expert advice
A Fun Fact about The Manufacturers Life Insurance Company is that its first president was none other than Canada’s first prime minister, John Macdonald.
Lastly, The Manufacturers Life Insurance Company, trading under Manulife, has an ‘A+’ AM Best rating, A1 Moody’s rating, and AA- S&P Global rating, meaning that the company is financially secure and more likely to weather prolonged times of worldwide economic downturns.
Considering a Manulife insurance policy? Compare their plans to some of the other top insurance providers in Canada using our free comparison tool, below. Just click the button below and get free and instant quotes.
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Are Manufacturers Life Insurance Company and Manulife the same thing?
Yes, The Manufacturers Life Insurance Company is the same as Manulife. Manulife is simply the company’s trading name. Manulife is not the only trading name that the company uses around the world. In the United States of America, Manulife operates under the name John Hancock.
In 2004, The Manufacturers Life Insurance Company acquired the US-based John Hancock Life Insurance Company and operates the company as its independent US subsidiary. The reason for not rebranding John Hancock to Manulife was based on the fact that the former had significant brand recognition throughout The States, whereas Manulife had little to none.
How to contact the Manufacturers Life Insurance Company?
As with all things, The Manufacturers Life Insurance Company contact details are transparent and readily available on their website. Furthermore, they have specific contact details listed on their site depending on the department you want to reach. From group plans to insurance, investments, wealth management, and corporate, you will find all the Manulife contact details you need online.
| Contact Method | Details |
|---|---|
| Telephone number | 1-800-268-3763 (Open 8 am to 8 pm EST, Monday to Friday) |
| Email address | [email protected] [email protected] [email protected] |
| CoverMe PO Box 670 STN Waterloo Waterloo, ON N2J 4B8 Canada |
