Home > About Manulife US Insurance > The Manulife Story

"Over the past 100 years, Manulife USA has grown from a single life insurance branch office in Detroit, Michigan, to a powerful player in a highly competitive marketplace.  During this time, through an array of market and economic conditions, Manulife USA has continued to accurately read the needs of its customers, providing innovative and effective solutions to these needs." -- John D. DesPrez III Chairman & President Manulife USA

Founded in 1887, Manulife Financial is a global insurance company with operations in 15 countries and territories. We have operated in the United States since 1903. Manulife Financial is committed to offering the highest quality annuity, life insurance and pension products to our US clients. Our family of products is built around a powerful combination of investment options chosen with the goal of providing risk-adjusted returns and broad diversification across asset classes, investment styles, and asset managers. With its broad product lines, competitive underwriting, excellent ratings, and quality customer service, Manulife is committed to providing premium products designed to help create and preserve wealth for our clients.

EXPERIENCE IN THE AFFLUENT MARKET

Manulife Financial focuses on satisfying the estate and business planning need of affluent Americans. We know our market, its needs, and its characteristics. Our structure, product pricing, underwriting, and sales support are all geared towards satisfying the insurance needs of affluent Americans. The results speak for themselves:

• Manulife Financial pioneered survivorship life insurance. Today, we offer four different survivorship products, covering every major insurance type: survivorship whole life, universal life, variable universal life, and term.
• Manulife Financial has proven expertise in the estate planning market.
• Manulife Financial seeks out large cases with our Jumbo Case Management program. This program has resulted in over 240 cases with a total insurance amount of $20,000,000 or greater in the last three years.

Over the years, Manulife Financial has built a reputation for high-quality, innovative products. In addition to pioneering survivorship life insurance, we designed riders such as the Estate Preservation Rider and the Age 100 Advantage to further customize our products for your clients' estate planning needs. Other innovations include non-smoker rates for smokers, preferred rates up to age 90 on many of our products and more importantly our unique 20 year No-Lapse Guarantee feature available on our variable universal life and universal life insurance products

Manulife Financial has consistently shown a record of sustained growth in all of its core businesses which is reflected in Manulife's high ratings from independent agencies. Our companies have consistently received high ratings for financial strength from top independent industry rating agencies, such as A. M. Best, Fitch Ratings, Moody's Investors Service, and Standard & Poor's.