Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  Manulife Financial Corporation    MFC   CA56501R1064

MANULIFE FINANCIAL CORPORATION

(MFC)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Manulife Financial : COVID-19 Pandemic Travel Plan Insurance available in October

share with twitter share with LinkedIn share with facebook
09/16/2020 | 08:02am EDT

C$ unless otherwise stated

TSX/NYSE/PSE: MFC     SEHK: 945

TORONTO, Sept. 16, 2020 /CNW/ - Coming this October, the Manulife COVID-19 Pandemic Travel Plan will be available to Canadians travelling in Canada and internationally, including to countries with a Level 3 Travel Advisory. The policy will provide Emergency Medical coverage, including specific additional coverage for COVID-19 and related conditions. It will also include added Trip Interruption benefits in the event of quarantine.

The Manulife COVID-19 Pandemic Travel Plan will be available to Canadians through Manulife's distribution channels including travel agents, brokers, advisors, sponsors, and for direct purchase through Manulife CoverMe.

As the largest travel insurance provider in Canada, Manulife understands that some Canadians have family, business and other important reasons for travelling in-country and to global destinations – and today, more than ever before, they need specialized coverage that helps protect them in the event they fall ill due to COVID-19. 

"The pandemic has had extraordinary impacts on the day-to-day lives of Canadians, and at Manulife, our top priority remains the health and safety of our customers, employees, partners and communities. This specialized travel insurance is aimed at helping protect what matters most," said Alex Lucas, Head of Insurance, Manulife.

The policy will provide the coverage below:

COVERAGE

LIMIT

Emergency Medical Coverage not associated with
COVID-19

Up to $5,000,000 CDN per insured

Emergency Medical Coverage for COVID-19 and
related conditions after a positive test result while
at destination, including Emergency Air Transport
to return you home

Up to $200,000 CDN per insured

Quarantine expenses after a COVID-19 positive
test result, denied entry or contact tracing while at
destination

$150/day up to $2100 per person, or $300/day up
to $4200 per family (Maximum duration of 14 days)

Level 3 Travel Advisory upgraded to Level 4 Travel
Advisory by Canadian Government

Up to a combined $500 CDN per person for:
Return airfare, meals and accommodations

For more information about the Manulife COVID-19 Pandemic Travel Plan, click here.

About Manulife

Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Canada, Asia, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions. At the end of 2019, we had more than 35,000 employees, over 98,000 agents, and thousands of distribution partners, serving almost 30 million customers. As of June 30, 2020, we had $1.2 trillion (US$0.9 trillion) in assets under management and administration, and in the previous 12 months we made $30.6 billion in payments to our customers. Our principal operations are in Asia, Canada and the United States where we have served customers for more than 155 years. We trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong.

SOURCE Manulife Financial Corporation

© Canada Newswire, source Canada Newswire English


share with twitter share with LinkedIn share with facebook
All news about MANULIFE FINANCIAL CORPORATION
10/19MANULIFE FINANCIAL : Investment Management named to PRI Leaders' Group 2020 in r..
AQ
10/16MANULIFE FINANCIAL : appoints Julie Nestor as new Chief Marketing & Experience D..
PU
10/15MANULIFE FINANCIAL : Named a World's Best Employer by Forbes
AQ
10/15MANULIFE FINANCIAL : Named a World's Best Employer by Forbes
PR
10/01MANULIFE FINANCIAL : Investment Management announces reduction of management fee..
AQ
10/01MANULIFE FINANCIAL : Investment Management's Strategic Fixed Income Strategy win..
AQ
09/28JOHN HANCOCK INVESTMENT MANAGEMENT : celebrates five-year anniversary of its ori..
PR
09/21MANULIFE FINANCIAL : 15 John Hancock wholesalers recognized as Advisor Allies by..
PR
09/18MANULIFE FINANCIAL : Investment Management earns top scores from United Nations-..
AQ
09/18MANULIFE FINANCIAL : launches market's first MPF retirement income fund aiming t..
PU
More news
Financials
Sales 2020 66 738 M 50 808 M 50 808 M
Net income 2020 4 305 M 3 278 M 3 278 M
Net cash 2020 27 761 M 21 134 M 21 134 M
P/E ratio 2020 8,69x
Yield 2020 5,75%
Capitalization 37 264 M 28 347 M 28 369 M
EV / Sales 2020 0,14x
EV / Sales 2021 0,13x
Nbr of Employees 35 000
Free-Float 100,0%
Chart MANULIFE FINANCIAL CORPORATION
Duration : Period :
Manulife Financial Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends MANULIFE FINANCIAL CORPORATION
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 23,37 CAD
Last Close Price 19,21 CAD
Spread / Highest target 40,6%
Spread / Average Target 21,6%
Spread / Lowest Target -6,30%
EPS Revisions
Managers
NameTitle
Roy Gori President, Chief Executive Officer & Director
John M. Cassaday Chairman
Rahul M. Joshi Chief Operations Officer
Philip Witherington Chief Financial Officer
Shamus Edward Weiland Chief Information Officer
Sector and Competitors
1st jan.Capitalization (M$)
MANULIFE FINANCIAL CORPORATION-27.12%28 347
AXA-40.37%42 243
METLIFE, INC.-19.68%37 160
PRUDENTIAL PLC-25.53%36 580
PRUDENTIAL FINANCIAL, INC.-26.68%27 121
AFLAC INCORPORATED-28.45%26 984