Annuities - What if I die earlier than expected?

	What if I die earlier than expected? With a Manulife Life Annuity, you can choose a payment guarantee to ensure a minimum amount of income is paid from the investment to you or your beneficiaries in the event you die earlier than expected. Manulife offers two payment guarantee options: Principal Protection: also known as a cash refund guarantee, this provides a lump sum payment to a beneficiary equal to the difference between the total payments received by the investor* before death and the original investment amount. Selecting this payment guarantee provides you with the Manulife Principal Protected Annuity^TM Guarantee Period: allows an investor to select from zero to thirty years of guaranteed payments. In the event the investor dies earlier than expected, the beneficiary continues to receive income payments during the guarantee period* For Term Certain Annuities, payments continue until the end of the specified term. If you die before the term ends, the annuity payments continue to your estate or designated beneficiary until the end of the term. Or the death of the last surviving annuitant in the case of Joint and Survivor Life Annuity policies. Alternatively, if there is a lump sum death benefit required or chosen, the amount payable will be less than the total remaining income payments. «PREVIOUS*