Manulife had a record-breaking year selling mortgage creditor insurance in 2024. That cemented the company as the biggest provider of such insurance in the land, followed by Canada Life.
So, what’s the magic behind Manulife’s creditor life insurance (CLI) win streak?
We put that question to Mario Cloutier, Head of Creditor Insurance at the company. He shed light on the factors at play and spelled out how Manulife's Mortgage Protection Plan (MPP) distinguishes itself from more common term life insurance.
Now, we get that insurance articles may not be people's go-to form of entertainment, but if you're a broker who sells this stuff, this is time well spent.
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