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While Manulife offers a wide range of financial products, there are a few downsides. One major disadvantage is the complexity of their investment-linked insurance products (ILAS), which can be difficult to fully understand, especially for someone new to the financial market. These products tend to be more complex than traditional life insurance, and the fees associated with them can be higher. Another potential drawback is the impact of exchange rate fluctuations on premiums and payments for policies denominated in foreign currencies. For instance, if I hold a policy in US Dollars or Renminbi, exchange rate movements could affect my premium payments, leading to higher costs than anticipated. While Manulife reviews generally highlight their strong offerings and customer service, these factors—particularly the complexity of ILAS and the impact of currency fluctuations—could be a challenge for those looking for simpler financial solutions.