Creative and prudent methods to employ debt in financial planning can assist in reducing cost (by reducing interest), providing access to cash values of insurance products on a tax-free basis, and creating wealth through leverage.
You may find a bank that owns a life insurance company but it is rare to find a life insurance company that owns a bank. Manulife Bank provides banking solutions which can be part of an overall financial planning solution. With debt management so important to financial planning it is beneficial to be able to use creative products from Manulife Bank. Some of the key lending products from Manulife Bank are as follows: Read more