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How do I get my money back from Manulife?

Money paid directly into your bank account You get your money back faster when you submit claims online and have direct deposit. Once we check your claim, we send you an email with details about how much money youll receive in your account.

How do I withdraw money from Manulife?

Manage my money Sign in to your account and go to My Profile View My Plan Material to find out whether you can withdraw or take money out of your plan. If your plan lets you make a withdrawal online, sign in and go to My Account Make a Withdrawal. Follow the instructions. You can take out $20,000 or less.

Can I withdraw my Manulife fund?

Withdrawal depends on the type of policy you have. Withdrawal from Dividends and Paid-up addition will be applicable to traditional life products, while the Withdrawal from variable life funds will be used for variable life products.

What is a partial withdrawal from a universal life policy?

Besides a full surrender or policy loan, most UL policies offer partial surrenders. This involves permanently withdrawing a portion of the policys available cash value, but keeping some or all coverage in force. Unlike a loan, the withdrawn values usually cannot be put back into the policy.

What is partial withdrawal in life insurance?

Partial withdrawals are allowed only if the Life Assured is at least 18 years of age. The minimum and maximum amounts that you can take out may vary with each policy and across insurance providers. However, the maximum withdrawal in a policy year cannot exceed 20% of the total fund value.

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