Manulife Myanmar Unveils Enhanced Critical Illness Rider

Manulife Myanmar is proud to announce the launch of its latest breakthrough product, the Manulife Enhanced Critical Illness Rider, designed to offer policyholders extensive protection against a wide range of life-threatening illnesses. This new offering is more than just an insurance upgrade — it’s a powerful step forward in reframing how protection meets purpose for families across Myanmar.

Built to integrate seamlessly with Manulife Protector and Manulife Care Plus, the Enhanced Critical Illness Rider delivers broader coverage, greater flexibility, and meaningful financial support when it matters most.

“This rider is designed with real people in mind — giving our customers the confidence to face life’s uncertainties with strength and security,” said Gaurav Sharma, Chief Executive Officer, Manulife Myanmar. “At Manulife, we believe protection is about more than policies — it’s about people. We know that when a critical illness strikes, it doesn’t just affect your health — it affects your entire family, your future, and your peace of mind. That’s why we created the Enhanced Critical Illness rider.”

The Enhanced Critical Illness rider significantly broadens health coverage, addressing the increasing need for robust insurance solutions in the face of critical illnesses. With coverage for up to 29 critical diseases, this rider ensures that policyholders receive financial support for early and late-stage illnesses.

Image: Manulife

The Enhance Critical Illness rider offers two attractive plans: Premium Plan and First-Class Plan. These plans deliver comprehensive benefits designed to meet a wide range of needs, including

• Tailored Coverage: Customers can personalize their protection based on individual needs
• Robust Illness Protection: Covers 29 critical illnesses include major conditions and high incidence of diseases such as cancer, heart attack, stroke, liver, lung and kidney failure, etc., from early detection to advanced stages
• Early-Stage Support: Receive 25% of the sum assured for early-stage diagnosis, capped at MMK 20 million
• Full Benefit for Late-Stage: Get 100% of the sum assured if no early-stage claim is made and
• Premium Waiver: If diagnosed with late-stage CI, future premiums for both the base plan and ECI rider are waived—so the customer can focus on recovery, not payments.

In an effort to further support Myanmar’s hardworking breadwinners — especially those living away from home — Manulife is adding a value-packed benefit that goes beyond traditional coverage: called “Metta Wai Hsar” program. It offers benefits such as emergency ambulance service for one parent of the insured, available annually for three years; seasonal flu vaccinations every year; and free access to curated Wellness Activities at the Manulife Community Club —providing protection and care for both you and your loved ones.

The Enhanced Critical Illness rider aims to provide peace of mind, resilience, and a better tomorrow for Myanmar’s families.

Enhanced Critical Illness Rider is now available, together with Manulife Protector and Manulife Care Plus, at our partner bank branches and through Manulife agents. The product information in this press release does not contain the full terms and conditions of the product and is for reference only.  For more information, please call the Manulife Myanmar’s customer care team at 09 765 467 100, email Customer_Service_MM@manulife.com, or visit: Manulife Enhanced Critical Illness | Life Insurance | Manulife Myanmar.

About Manulife Myanmar

Manulife Myanmar is a wholly foreign-owned life insurance operation in Myanmar under Manulife Financial Corporation. Manulife is focused on developing Myanmar’s life insurance industry and providing financial protection to the people of Myanmar, helping Myanmar families build a healthier and more secure financial future. Manulife Myanmar also champions longevity through wellness programs that empower people to live healthier, fuller lives. To learn more about Manulife Myanmar, visit: https://www.manulife.com.mm.

About Manulife

Manulife Financial Corporation is a leading international financial services provider, helping our customers make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across Canada, Asia, and Europe, and primarily as John Hancock in the United States, providing financial advice and insurance for individuals, groups and businesses. Through Manulife Wealth & Asset Management, we offer global investment, financial advice, and retirement plan services to individuals, institutions, and retirement plan members worldwide. At the end of 2024, we had more than 37,000 employees, over 109,000 agents, and thousands of distribution partners, serving over 36 million customers. We trade as ‘MFC’ on the Toronto, New York, and the Philippine stock exchanges, and under ‘945’ in Hong Kong. Not all offerings are available in all jurisdictions. For additional information, please visit manulife.com.