Manulife USA launches Life Insurance in Retirement Planning sales tool kit (November 12, 2002)
SpacerManulife FinancialSpacerwww.manulife.comContact UsFrançais
Spacer
CanadaUnited StatesAsiaJapanInvestmentsReinsuranceTn Green Navigator

Sub Top Grey Line
Canada United State Japan China Hong Kong Macau Indonesia Philippines Singapore Vietnam Taiwan Malaysia Thailand United Kingdom Australia Germany Belgium Barbados Bermuda
The Global View
Spacer
Spacer
Investor Relations
Spacer
SpacerSpacer
Shareholder Services
Spacer
Newsroom
Spacer·News Releases
Spacer·Multimedia Centre
Spacer·Virtual Press Kits
Spacer·Fact Sheets
Spacer·FAQ
Spacer·Contact the Newsroom
Spacer
Careers
Spacer
Spacer

FOR IMMEDIATE RELEASE
November 12, 2002
TSX/NYSE/PSE: MFC, SEHK: 0945


Manulife USA launches Life Insurance in Retirement Planning
sales tool kit

Boston – In response to concerns about whether clients will have sufficient income for retirement, The Manufacturers Life Insurance Company (U.S.A.) (Manulife USA) introduced its latest sales tool kit and MLI SolutionsSM software module for advisors interested in learning more about life insurance in retirement planning.

Manulife’s MLI SolutionsSM Retirement Planning concept illustration system helps advisors provide simple solutions to complex estate and business planning cases. The Life Insurance in Retirement Planning module illustrates how using variable universal life insurance can provide an alternative means to tax-deferred growth potential for clients.1 With this module, advisors can look at some of the benefits of variable life insurance versus other retirement savings options.

“Permanent life insurance policies, particularly variable life insurance, are often overlooked as a tax-favored source of retirement income,” said Robert A. Cook, President of U.S. Insurance for Manulife USA. “For clients interested in saving more for their retirement and curbing the effects of inflation and income taxes on retirement savings, life insurance can provide an excellent way to save for the future, in addition to providing a death benefit for their heirs.”

MLI Solutions offers the flexibility that advisors need to develop the customized and comprehensive solutions that their clients demand. MLI Solutions has estate and retirement planning modules, as well as business planning modules. Each module has its own sales package complete with marketing tools, PowerPoint presentations, and technical resources needed to close the case.

With the introduction of Manulife’s Life Insurance in Retirement Planning sales tool kit and MLI Solutions software module comes comprehensive support from one of the industry’s leading Advanced Markets groups. To help advisors promote and sell this concept, a sales tool kit including a guide, Client Profile, Sales Strategy, Concept Profile and CD-ROM is available by contacting Advanced Markets at (888) 266-7498, option 3 or via e-mail at jroper@manulifeusa.com.

About Manulife
The Manufacturers Life Insurance Company (U.S.A.) (Manulife USA) is committed to offering the highest quality annuity, life insurance, pension, tax-deferred college savings, and separately managed account products to its clients. Its family of products has been built around a powerful combination of investment options chosen with the goal of providing attractive risk-adjusted returns and broad diversification across asset classes, investment styles, and asset managers. With its extensive product lines, competitive underwriting, excellent ratings, and quality customer service, Manulife USA is dedicated to providing quality products designed to help create and preserve wealth for its clients.

Manulife Financial is a leading Canadian-based financial services group operating in 15 countries and territories worldwide. Through its extensive network of employees, agents and distribution partners, Manulife Financial offers clients a diverse range of financial protection products and wealth management services. Funds under management by Manulife Financial were US$87.8 billion (Cdn$139.2 billion) as at September 30, 2002.

Manulife Financial Corporation trades as ‘MFC’ on the TSX, NYSE and PSE, and under ‘0945’ on the SEHK. Manulife Financial can be found on the Internet at www.manulife.com.

1Venture variable life insurance products are issued by The Manufacturers Life Insurance Company (U.S.A.) (Manulife USA) and distributed by Manulife Financial Securities LLC through other broker/dealers appointed by Manulife Financial Securities. Manulife USA and Manulife Financial Securities are members of the Manulife Financial group of companies, wholly owned subsidiaries of Manulife Financial Corporation. Please contact 1-800-VARILINE to obtain a prospectus containing more complete information, including charges an expenses, or if you are interested in becoming licensed to sell these products and/or obtaining a selling agreement with Manulife Financial Securities. Please read the prospectus carefully before purchasing. Products may not be available in all states.

-30-

Media Contact:
Wendy W. Smith
U.S. Communications
617-854-4348
wendy_smith@manulife.com




CareersPrivacy PolicyLegalSite Map