Why refer your clients to Manulife One? Manulife One has the power to rejuvenate clients’ personal finances, opening up opportunities they never thought imaginable and they love their advisors for referring them to it. Clients repeatedly tell us that Manulife One unchains them from debt, worry and financial stress. Complete financial plan and debt-free sooner Ottawa, Ontario A couple in their 50s created a comprehensive insurance plan with their advisor and were shocked to realize their premiums would increase by $700 per month. They had a 20-year mortgage and were supporting their adult children financially so it seemed impossible to implement the plan. SCENARIO 2 SCENARIO 1 Read these real life scenarios and you’ll see for yourself that the real question is: “Why not refer your clients to Manulife One?” Weyburn, Saskatchewan With the market correction in October 2008, the bulk of a retired couple’s income stream was suddenly worth much less. In this economic climate, they no longer wanted to access their investments for day-to-day expenses. Fortunately, they had a Manulife One account with a small positive balance. They stopped cashing in their RRSPs for awhile and, instead, began living off their pensions and the equity available through their Manulife One account until their investments could increase in value. They saw past the penalty and got the account. This has allowed them to remain retired and still have an alternative to cashing in their investments at a poor time. These clients are amazed at how low the interest costs are on the account and are very pleased with the flexibility and control it’s given them. Flexibility for the unexpected Manage job loss with less stress Montréal, Quebec When a couple’s young daughter was struck by a car and seriously injured, she required several major surgeries. Home renovations already underway came to a halt as their debts piled up. They were barely scraping by month to month and their health began to suffer from the stress. Manulife One consolidated all their debts at one low rate which drastically reduced their monthly payments. This allowed them to complete their renovations and they were no longer cash-strapped each month. The grateful mother could not thank the Banking Consultant enough. For the first time in years, she felt like they could finally enjoy their lives. SCENARIO 4 SCENARIO 3 The Banking Consultant reviewed their situation and quickly realized that, by consolidating their mortgage, line of credit and car loans, they could be debt-free much, much earlier than the original 20 years. In fact, even with the higher premiums on the insurance and after paying a high penalty of thousands of dollars to break their current mortgage, this couple could still have all that debt paid off in just under 10 years. Alternate income option in a low market Truro, Nova Scotia A young couple didn’t have a lot of debt but had high payments to service that debt. Their monthly payments on a mortgage, a car and a credit card were substantial. When they consolidated it all into a Manulife One account, their minimum payment allowed them to save more than $1,600 per month. Now, anything they choose to pay beyond that pays down the principal. Three weeks after opening the Manulife One account, the husband lost his job. Without the burden of owing an additional $1,600 each month, he wasn’t forced to take just any job. Instead, he retrained to begin a new career he would be happy with. Why refer your clients to Manulife One? - continued Cape Breton, Nova Scotia While this school teacher lives in Toronto, her heart still beats on the east coast. In fact, she’s a homeowner in both locations because, one day, she plans to sell her big city condo and return to her roots to retire. When she asked her financial advisor if there was any way they could come up with a plan that would allow her to retire in five years, there was only one answer – talk to a Banking Consultant about Manulife One. She opened Manulife One accounts for both of her properties and structured her payments in such a way that will allow her to completely pay down her retirement property in under five years. SCENARIO 6 Able to retire years earlier Better than a reverse mortgage Calgary, Alberta When their mother passed away, the adult children inherited her condo. They were asked to let their step-father live in it – paying only the condo fees and utilities – until he could no longer manage on his own. The unit had a home equity line of credit (HELOC) on it and the family hoped to let the interest and taxes accrue over time and pay them off when the condo was sold. Unfortunately, the financial institution with the HELOC refused to allow this. Faced with not being able to fulfill their mother’s last wishes, they called Manulife Bank. Manulife One is allowing her to make her “happily ever after” happen more quickly than she ever thought possible. We approved a Low-Ratio Manulife One. Even with interest rate increases, it would likely take 10 - 12 years before the balance reached the limit of the account. And we registered the account for even higher in case the family wanted to increase the limit at a later date. They were all very grateful. A mother’s dreams come true Less worry with job uncertainty Halifax, Nova Scotia A single mother with three children dreamed of adding a third bedroom to her home so her new little girl could have a room of her own. But being on a fixed income made the project seem impossible to realize anytime soon. And then she heard of Manulife One. Getting a Manulife One account allowed her to build the addition. Then she also purchased RRSPs and life insurance so she could ensure not only her own future well-being but her children’s as well. She has now reduced her hours at work which reduced daycare expenses and allows her to be at home more for her children. Manulife One made this mother’s dreams come true. SCENARIO 8 SCENARIO 7 SCENARIO 5 More stories from different clients in different situations who all have the same thing in common – Manulife One allowed them to dramatically change their lives for the better. Kitchener, Ontario A man employed in the manufacturing sector was aware that he might be let go from his job at any time because of the downturn in the economy. Although he had no debt other than his mortgage, with no source of emergency funds, he began to wonder how he would manage if he became unemployed. He opened a Manulife One so he could draw on the account until Employment Insurance payments started or until he got another job, if necessary. As it turned out, he didn’t lose his job but his hours were cut, reducing his income significantly per month. With Manulife One, he has the option to pay less per month on his mortgage until his income gets back to normal – a big comfort at an uncertain time. This document contains real life scenarios about Manulife One clients that have been edited for clarity and/or brevity. No one has been paid to share their experiences. Individual experiences will vary. Not for distribution to clients For more information, please visit manulifeone.ca Manulife One is offered through Manulife Bank of Canada. Manulife, Manulife Bank, the Manulife Bank For Your Future logo, the Block Design, Manulife One and the One logo, the Four Cubes Design, and Strong Reliable Trustworthy Forward-thinking are trademarks of The Manufacturers Life Insurance Company and are used by it, and by its affiliates under license. WM3027E 10/2012