MLIP offers a family of segregated funds to help meet your investment objectives. With unique guarantees, you can help reduce your risk without limiting opportunities.
Highlights of the MLIP contract include:
Choose between a 100 per cent maturity guarantee with the Automatic Daily Reset® feature or a 75 per cent maturity guarantee*
A 100 per cent Death Benefit Guarantee ensures beneficiaries receive all of the principal investment, reduced proportionately for withdrawals.**
Your choice of maturity date (greater than 15 years from issue), guaranteeing the assets in your investment when the time is right for you
Excellent selection with a choice of quality funds from well-known fund managers
The ability to bypass probate and other estate administrative fees, giving both you and your beneficiaries peace of mind and
The potential for creditor protection
A variety of registered, non-registered and locked-in plans with plenty of retirement income options, to provide you with flexibility
Is MLIP right for me?
MLIP offers an excellent investment option for investors of all types seeking wealth accumulation. Speak to your advisor about whether MLIP is the right investment for you and to learn about the other features and benefits of this product.
* Applicable before the final 10 years of the plan.
**Withdrawals proportionately reduce guarantees. Declines at age 80.
The Automatic Daily Reset® is a trademark of the Manufacturers Life Insurance Company.