InformationFolderandContract - …

1 The seg rega ted fund Info rma ti on Fo lder is published byThe Man ufact urersLif e Ins uran ceCo mp an y ( Ma nu life Fina nci al )fo r inform at ion pur poses only and is not an insuranceco ntra ct. Manul ife Fi nanc ia l is the so le iss uer of the Ma nulif e GIF Selectinsura nce cont ractand th e gu aranto r of any gua ra ntee pr ovi sions ther BER 20, 20 08 Info rm ation Folderand ContractMANULIFE GUA RAN TEED INVESTMENT FUNDS SELECT(G IF SEL ECT)FEATU RINGINCO MEPLUSIn formati on Fo ld er - Fall 2008Th is doc umen t con tains the Info rm ati on Fold er an d Co ntr ac t pro the Con tract provisionsdoesnot con stituteac ceptan ce by Manu lif e Financ ial of a Co ntrac t purch ase.

2 The Contractwill becomeeffectiveon theVa luat ion Date of the fir st depos it and upon accep tan ce by The ManufacturersLife Ins uranceCompany(ManulifeFin ancial)that th e initial Cont rac t set -u p criteriahave been met. Confirmation of a Contractpurc hase will be sentto you upo n meetingthe neces sary Contract set- up criteria,as determinedby ManulifeFinanc ial an d when theini tial depo sit has been endo rsement or amendments that may be req uired will be sent to you and wi llform part of th e Con e Information Fo lder prov ides br ief and plai n disclos ure of all materi al facts relatingto the Manu life GIF SelectCon trac t issuedby The Manuf act urers Life Insurance Company(ManulifeFinanc ial).

3 In exchange for the premi ums you pay to ManulifeFinancial,we pro vide you wi th of con tractualben efi ts wil l be defi ned by the Series of SegregatedFunds (referredto as the F unds ) intowhich you requestdep os it s be all do not direc tly own th e assets in the Contracthasinsu ranc e benefitsand offer s a wide varietyof Fund s. Fund categoriesinc lu de moneymarket,fixed inco me andeq uitie s. Th e und erlyin g inv est men ts of the Fu nds may be units of mutualfund s, pooledfunds or other select a descript io n of the speci fi c Fund s available to you, pleasesee the Fun d Highlightsbo oklet. Uponreq uest, you may also recei ve a copy of the auditedfinanc ial statementsfor th e most recentyear-endof theFu nd(s).

4 Semi-annual una udi ted financi al st atements an d a cu rrent co py of the Fund High ligh ts bookletare al soavailableupon requ s Contract is a deferre d annuitycontract tha t contains provisionsof an annuitysuchas a lifeannuityor a retirement incomepr oductprovisionat theContrac t Ma turityDate. ThisContractprovidesreturnof deposi t guarante es whic h ar e payableon theContrac t MaturityDate, uponreceiptof sufficientnotificationof death of theannuitant and,in someinstances over thelifeof t is allocated to a segregated fundis investedat theris k of the Policyowner andmayincreaseor decreasein D A les sa ndroJ. RoyFirthPr es iden t an d CEOE xecu tive Vice President,Wealt h ManagementManul ife Finan cialMan ulife Financial4 Infor mationFolder- Fall 2008 Executive.

5 6 PersonalInformationSt at .. mmunicati .. orm ati .. g Us Your In st ru ct .. esp ond ence You Wi ll Recei ve From .. of Contract s .. orm ati .. -reg isteredCo ntr act .. Con tr act .. orm ati .. os it .. Ag e to Depo si .. lar Depos it s (Pre- Auth ori zed Chequing).. sits to Inc omePl us Seri .. nd .. orm ati .. heduledFund Swi tc .. edu led Fun d Swit ch .. -C ost Aver agin g Fu nd (D CA Fu nd).. nd Sw it ch es from 75 Seri es to Inco mePlus .. orm ati .. n Spec if ic to RRI F/LI F/ LRI F/PRIF .. equ en cy Op ti .. edu led Wit hdr awal Amo unt Optio .. Wit hdr awal Fees and Reco very of Ex.

6 RawalsFree of Sal es Charg .. io ns us ed for Guar ant .. orm ati .. arant .. Ben efit Guaran .. Mi nim um Wi th draw al Benefit(GMWB).. Paym ent Phase of In co .. uity Defau .. stud ies ..46 Takingincom e now ..46 Takingincom e later ..48 Tabl e of Co nt ent es .. orm ati .. Asset .. estmentPoli cy and Rest ri ct ion .. of Inv est .. estm ent of Ear nin .. est of Manag ementand Othersin MaterialTra .. nt rac ts /Fac .. dian of Fund Port foli o Secu .. 0 Fu ndamental .. e of the Cont rac .. sted Co st .. orm ati .. Charg e Opt .. Wit hdr awal Fees and Reco very of Ex .. se Rati o (MER ).

7 Mpensationpaidto yourfinancial ..5910. 1 GeneralInf orm ati ..5910. 2 Sales Commis si ..5910. 3 Servic ing Co mm is ..6011. 1 GeneralInf orm ati ..6011. 2 Non -reg isteredCo ntr act ..6011. 3 Registered Con tr act .. tatePl ..6312. 1 GeneralInf orm ati ..6312. 2 ..6312. 3 Non -reg isteredCo ntr act ..6412. 4 Registered Con tr act ..6512. 5 No Pro bat e ..6612. 6 PotentialCredi to r Prot ect ..67Ma nul ife GuaranteedInvestm entFundsSelect (GIFS elect) Contract ..68In formati on Fo ld er - Fall 20086GE NE RALCONTRACTINFORMATI ONGIF Selec t is an ind ivi dual vari able ins urancecontrac the reinafterreferredto as a segregatedfu nd contrac tthat pro vid es you wi th the flex ibi lit y of sel ectingdiffer en t bu nd les of benefi ts.

8 By all ocatingyou rde posi ts into differentSeri es of the Fund s, you arechoosing the benef it s that you wi sh to receiv e fromthe Con si ts int o the 75 Ser ie s of a Fund wil l provid emat ur ity and deat h benef it guar an tees wh iledep osi ts all oc at ed int o the Inco mePl us Series of aFun d prov ide for mat ur ity, deat h benefit andmini mum wi thd ra wal guar an ease be mind fu l th at th ere may be limitationsorrest rict ions in choosi ng bet ween the differentSer iesof a rmationFolder - Fall 2008 Exe cu tiv e Sum maryRE GISTRATIONTYP ESRRS P, LIRA , RRIF, LIF, LRIF, PRIF, Non-registeredSee Sect ion 2, Typesof Contrac ts Available,for mor e info DEPOSIT75 SERI ES *INCOMEP LUSSER IE S*Non -re giste re d9080 RRS P71**71**LIRA71**71**LIRA (p ension jurisdictionsrequiringannuitizationat age 80)71**71**RRI F, LRI F, PRIF9080 LIF9080 LIF (p ension jurisdictions requiri ng annuitizationat age 80)7171 See Sec tion 3, Depos its , for mor e infor mat POSITS **75 Seri esMinim um $2,5 00 initial depositor monthlyPACof $100 /m onth (und er eligibleregistrationtypes)

9 Minim um $50 0 per fundMinim um $5,0 00 for Dollar-CostAveragingFundFUNDSWITCHES5 fr ee Fun d sw itche s per calendaryearMinim um $50 0 per fund or $100/monthSee Sec tion 4, FundSwit ches,for WALSM inim um $50 0 per fund or $100/monthSee Sect ion 5, Withdr awals,for moreinformation.* All da te s are as of De cem be r 31 of the an nuitant s age show n** Or la te st ag e to own unde r the Inco me Tax Act (C anada)** We rese rve th e right to re fu se de po sit s if they ar e les s tha n ou r minimumrequirementsaccord ing to th e adm inistrative rules in place at that omePlusSeriesMi ni mum $25,0 00 initial depositMon th ly PAC of $100/monthonce minimumdepositre quire ment is met (u nder el igible registrationtypes)

10 Mi ni mum $500 per fundMi ni mum $5,0 00 for Dollar-CostAveragingFundTh e following is a sum mar y of featu res offeredby the GIF Sel ect Contractat the time of printin g of this Sec tion 3, Deposits, for format ion Fo lder - Fal l 200875 SER IE SINCO ME PL US SER IE SMATUR ITYGUARANTEE75% of th e deposi t value on December31 ofth e yea r th e annu ita nt tu rns 100 (or earlier,subject to legis la ted maximumages)Re duc ed prop ortio nally by withdrawalsSame as 75 Seri esSee Sec tion , Mat urityGuarantee, for ATHBENEFITGUARANTEE75% of th e deposi t value onsu ffi ci ent noti fi cati on of death oflas t su rv iv ing annuita ntRe duc ed prop ortio nally by withdrawals100% of th e deposi t valu e onsu ffi ci ent noti fic ati on of death oflast su rv iving ann uita ntMa y inc re ase eve ry th ree years until theannu ita nt re aches age 80, if the mark etvalue of th e In com ePlus Seriesis greate rth an cu rre nt death benefit guaranteeRe duce d prop orti on ally by withdrawalsSee Sec tion , DeathBenefitGuarantee,for moreinf ARANTEEDMINIMUMWITHDRA WALBE NEFIT (GMWB)