You have a 60-day grace period. If the premium isn’t paid by then, the coverage ends. You can apply to reinstate it within 2 years, with any medical evidence Manulife asks for.
What if I miss a payment?
Reviewed by Garrett Agencies Ltd., October 2026. How we write
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More about Term 20 Life Insurance
A premium that stays the same for 20 years, renewing to age 90.
More questions about Term 20 Life Insurance
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