Manulife React5

Why Choose Manulife React5?

Auto-renewable Every 5 Years

Coverage automatically continues every five years up to age 80, ensuring continuous protection without the need for requalification.

Built-in Accidental Death Benefit

Enhanced protection with additional coverage in case of accidental death, providing extra security for your loved ones.

Convertible to Permanent Coverage

You can convert the policy into a lifetime plan anytime before turning 65—no need for new health assessment.

Optional Riders Available

Customize your coverage with add-ons like Critical Illness and Expanded Accidental Death benefits for more comprehensive protection.

Affordable Premiums

Lower initial premiums compared to permanent life insurance, making quality protection accessible.

Flexible Coverage

Adjust your coverage amount as your needs change, with guaranteed renewability regardless of health changes.

Key Features of React5

Manulife React5 offers flexible term life insurance with valuable features:

🔄 Renewable Coverage

Continuous protection

5-year renewable terms
Renewable up to age 80
No medical exam required for renewal
Premiums adjust with age at renewal

⚡ Accidental Death Benefit

Built-in protection

Additional payout for accidental death
No extra cost for basic ADB coverage
Option to enhance with Expanded ADB rider

🔄 Conversion Option

Flexibility for the future

Convert to permanent life insurance
No medical exam required
Must convert before age 65
Lock in lifelong protection

➕ Optional Riders

Customizable protection

Critical Illness coverage
Expanded Accidental Death Benefit
Waiver of Premium for Disability
Tailor coverage to your needs

Who Needs Manulife React5?

Manulife React5 is ideal for various life stages and financial situations:

Young Families

Affordable protection while raising children and paying a mortgage.

Business Owners

Key person insurance or business loan protection with flexible terms.

Parents

Coverage during children's education years when financial responsibilities are highest.

Debt Protection

Ensure loans and debts are covered if something happens to you.

Young Professionals

Affordable coverage early in career when budgets may be tight.

Temporary Needs

Coverage for specific time-limited financial obligations.

Frequently Asked Questions

What is Manulife React5?

Manulife React5 is a renewable term insurance policy that provides life insurance coverage for five consecutive years. After each term, you can renew up to age 80, though premiums increase with age at every renewal.

What is the Accidental Death Benefit?

The built-in Accidental Death Benefit provides additional coverage in case of death due to an accident. This is included at no extra cost with the base React5 policy.

How does the renewal work?

The policy automatically renews every 5 years until age 80. Your premiums will increase at each renewal to reflect your current age, but no medical exam is required to renew.

What is the conversion option?

You can convert your React5 term policy to a permanent life insurance policy anytime before age 65 without needing to take a medical exam or provide evidence of insurability.

What optional riders are available?

Optional riders include Critical Illness coverage (pays out if diagnosed with a covered illness), Expanded Accidental Death Benefit (increases accidental death coverage), and Waiver of Premium for Disability.

How much coverage can I get?

Coverage amounts vary based on your needs and budget. Minimum coverage typically starts at PHP 500,000, with higher amounts available based on your financial situation and needs.

Is this better than whole life insurance?

React5 is different, not necessarily better. Term insurance like React5 provides more affordable coverage for a specific period, while whole life provides lifelong coverage with cash value accumulation. React5 can be converted to whole life if your needs change.

What if I stop paying premiums?

If you stop paying premiums, your coverage will lapse after the grace period (typically 30 days). You may have options to reinstate the policy within a certain time frame.

Can I cancel my policy?

Yes, you can cancel your policy at any time by notifying Manulife. There may be a free-look period where you can cancel for a full refund if you change your mind shortly after purchase.