The Manulife Ready LifeIncome (III) is a participating retirement plan that is designed to give you a steady income stream until you turn 120 years old. It is a regular premium policy, and you can choose either a 5- or 10-year premium payment term. You can also decide if you want to receive the policy payouts at the end of the 5th or 10th year. Here’s our review of the Manulife Ready LifeIncome (III) to help you decide if it’s the best policy for you. Spoiler Alert: We like it. A lot. Read on.
Criteria
Premium payment term: 5 or 10 years
General Features
Premium Payment
You have the choice of either 5 years or 10 years as your premium payment option. You can make these investments monthly, quarterly, bi-annually, or yearly.
Policy Term
The Manulife Ready LifeIncome (III) has a policy term of up until you turn 120 years...