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. | Performance Credit
Your Performax Gold policy earns a yearly Performance Credit to help increase your policy’s cash value.
The amount of the Performance Credit will vary based on the amount and type of coverage you have, as well as the performance of the Performax Gold Investment Fund. This diversified portfolio of assets is managed by Manulife investment professionals.
How you apply your Performance Credit is your decision. You can add it to your Accumulation Account or use it to buy Paid-up or Term Option Insurance, which will also earn a Performance Credit. Accumulation Account – is an investment account within the policy that earns daily compounded interest.
Paid-Up Insurance – extra coverage that is pre-paid, which means there are no additional premiums after the lump-sum payment.
Term Option - adds an extra layer of coverage by purchasing Yearly Term Insurance with either a 10-year or lifetime guarantee.
For more information on the Performance Credit, talk to your advisor.
Performax Gold
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