Insurance for the Underinsured
Mathieu Charest, Vice President, Individual Insurance Risk Management and Deputy Head, Global Product And Insurance Risk Management Manulife
The main purpose of life insurance is to help your loved ones deal with the financial impact of your death. In the health benefits space, the coverage would help reduce financial hazard, for example, from medical treatments not covered by government sponsored plans. Its goal is to reduce financial uncertainty and make these events more manageable.