Change payment frequency
Adjust your premium payment schedule to fit your needs, choosing from monthly, quarterly, half-yearly, or yearly payments, based on the terms of your insurance plan.
Instructions
- Log into your account via MyManulife.
- Click on the "Servicing" tab, followed by “Change payment frequency".
- Follow the instructions on the page to guide you through the process to change your payment frequency.
Apply to change payment frequency via form submission
Who is this for:
- Policyowners with Trust policies, or policies that are lapsed pending, on hold, or Manulife SmartRetire plans.
- Policyowners who wish to reduce the payment frequency on their investment linked plans.
- Policyowners who are unable to change their payment frequency via our customer portal.
Instructions
- Download and complete the Policy Details Change Form.
- Submit the completed form, along with any supporting documents, through one of the following channels:
- Upload the form to our customer portal, MyManulife. No signature is required for form uploads on MyManulife.
- Email the form to forms@manulife.com using the registered email address you have with us. Please ensure that your signature on the form matches our record.
FAQ
Who will need to sign the form to activate the change?
For non-trust policies, the Assignee or Policyowner must sign the form.
For a Trust policy under S49L, either of the following parties must sign the form:
• Policyowner and any one Trustee (excluding the Policyowner), or
• All Beneficiaries (each Beneficiary must be at least 18 years old)
For a Trust policy under S73, the Policyowner and all Trustees must sign on the form.
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