Manulife Life Insurance Reviews
Affordable Life Insurance?
- Rates from 20+ life insurers
- Premiums start at $12/month
- Standard & Guaranteed plans
- Can be purchased remotely
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Everyone be aware that when your policy expires they will automatically renew it at a much much higher rate. My agent phoned me to ask if I wanted to renew my policy as it was coming to its end....10 years. I asked him what the new rate will be, he said he did not know but its much higher. I said I would not likely renew. He did not remind me the contract stated its an automatic renewal unless you contact Manulife. As a result I did not notice for several months they were with drawing from my acct. a 600% increase in rates, which they will not refund.
After 40 years of taking my money, this fraudulent company, now that I want to reduce my insurance due to the high cost of living, it brazenly sets my payment for only half of the previous price for a third of the insurance amount. If this is not a trick, then what is?
Look elsewhere if you are interested in obtaining life insurance.
They will "double" your premium with two weeks notice if not less.
If you ask questions they will give you "sugar-coated" answers.
This company has absolutely no regard for its customers.