Kanetix in the news

Media coverage and press releases

Toronto, ON, February 6, 2001 - Today, Kanetix® (www.kanetix.ca), Canada's insurance marketplace and online insurance information centre, announced the addition of ManulifeDirect to its online term life insurance quote comparison service.

"We're very excited about this new offering," said Gregory Ellis, Co-founder, Kanetix. "Adding ManulifeDirect to our Web site allows us to deliver an industry leading product to our clients through our simple online quotation process."

Kanetix features rates for ManulifeDirect's 10-year term life insurance product. Users can compare quotes for coverage levels ranging from $100,000 to $500,000 and even apply for a ManulifeDirect insurance policy online.

"Making ManulifeDirect available via Kanetix supports our desire to give consumers choice in how they access Manulife products and services," said Stephani Risk, Vice President of ManulifeDirect. "Kanetix gives Canadians an easy way to comparison shop. We are confident that consumers will find our product competes very well and that our online application process is simple and efficient."

To compare life insurance quotes at Kanetix, users simply follow the one-step online process. In seconds, shoppers can see a list of up to 10 life insurance quotes from different insurance companies, choose the policy they wish, and apply online.

About Kanetix

Launched in October 1999, Kanetix is Canada's first and only full-service, online insurance marketplace. The Kanetix insurance information and shopping service allows consumers to compare term-life, auto and property insurance quotes from a variety of Canada's leading providers.

About ManulifeDirect

ManulifeDirect and Manulife Financial are trademarks of The Manufacturers Life Insurance Company. Manulife Financial is a leading Canadian-based financial services company operating in 15 countries and territories worldwide. Through its 28,000 employees and agents, together with a network of distribution partners, Manulife Financial offers clients a diverse range of financial protection products and wealth management services. Funds under management by Manulife Financial (Manulife Financial Corporation and its affiliated companies) were Cdn$126.2 billion as at September 30, 2000.

Manulife Financial Corporation trades as 'MFC' on the TSE, NYSE and PSE, and under '945' on the SEHK. Manulife Financial can be found on the Internet at www.manulife.com.


For more information, please contact:
Tom Nunn
Manulife Financial
Phone: 519-747-7000, ext. 8578

Gregory Ellis
(416) 599-9779 ext. 201