UltraVision -Manulife

The UltraVision is a universal life insurance product and its main focus on providing affluent clients to maximize their estate value with a cost effective alternative to taxable investing. This policy have tax-advantaged growth and also have the ability to pass on accumulated tax free wealth to beneficiaries, in the simple way UltraVision is life insurance investing.

Client benefits

With UltraVision’s simplified, investment-focused design, your clients can:

• Clients can maximize their insurance investing opportunities and it’s all because of automatic insurance adjustments keep costs low and ensure tax exempt status
• This policy gives opportunity to void monthly premiums, funding insurance costs through a guaranteed spread rate deducted from the posted interest rate for each investment account
• Clients can select from over 50 investment accounts, with the ability to move money without tax implications from one investment to another investment
• They can enjoy tax-advantaged growth on assets within the policy
• Beneficiaries can get benefit without paid any tax on the demise, including the policy’s amount of insurance and the account value with its accumulated growth
• Surety of the demise benefit will be at least 75% of the net deposits made into the policy, regardless of how their investments perform (making withdrawals will reduce the amount of the death benefit guaranteed)

Your opportunity

Those clients who are under age 65, and in good health, UltraVision is the perfect solution package for them and also for who:

• might have increased contributions to the traditional tax shelters like TFSAs and RRSPs
• may be having a high marginal tax rate
• have achieved significant amount of taxable investments
• own many financial assets to invest that they are not likely to being needed in their lifetime
• are not looking for a complicated Universal Life plan with options and riders – just a straightforward plan focused on maximizing tax-deferred cash value accumulation

Additional features

• UltraVision policy, a spread-based can never lapse, regardless of the investment performance
• The planned first year deposit ($25,000 minimum) determines the initial amount of insurance
• The insurance amount is adjusted every year to maintain its tax-exempt status
• A minimum amount of $10,000 in insurance is sure
• Clients can get benefit of a discounted spread rate and may qualify for a bonus payment who make multiple deposits in the first five years of the policy
• Clients can withdraw money from their policy’s cash value at any time ($25,000 minimum must remain; some conditions may apply)

UltraVision Plan | Universal life Insurance | Manulife

Insurance, Manulife Insurance