Life can be full of surprises, and unfortunately not all surprises are welcome. When an unexpected event – including death, disability or job loss -- occurs, the last thing you or your family should have to worry about is your debt.

Manulife One creditor's group insurance1 is an optional product that can offer financial protection if sudden disaster strikes2.

How it works

Monthly premiums are based on your outstanding Manulife One account balance. The lower your outstanding month-end balance, the less you’ll pay in premiums3.

Benefits are payable to Manulife Bank and are applied against your account balance of your Manulife One account. The amount of the benefit will be the lesser of:

  • The average outstanding balance of your Manulife One account over the previous 12 months, or

  • The outstanding balance as at the date of death, up to a maximum of $500,000.

We’ve included a rate table, showing calculated premiums based on age, in our list of frequently asked questions about creditor insurance.

Free trial – apply now!

Manulife One creditor's group insurance comes with a 60-day free look period, so you can see if the coverage meets your needs. You can cancel the coverage within 60 days of receiving the certificate of insurance to receive a refund of any premiums paid. To apply for Manulife One creditor's group insurance, call us at 1-866-388-7095.

Or, for more information, check out:


1 Manulife Bank’s life insurance and disability coverage are underwritten and administered by The Manufacturers Life Insurance Company (Manulife) and job loss coverage is underwritten by First North American Insurance Company, a wholly owned subsidiary of Manulife, and administered by Manulife.

2 Certain exclusions apply.

3 Rates are not guaranteed and are subject to change.