Manulife Disability Insurance

Protection of Income for professionals and executives You have put in a lot of effort in reaching the milestone you reached today. If illness or injury stops you from your routine, you may make sure your income continues without any interruption.

Manulife Disability Insurance

Proguard Series® Disability Insurance

Protection of Income for professionals and executives You have put in a lot of effort in reaching the milestone you reached today. If illness or injury stops you from your routine, you may make sure your income continues without any interruption.

Specifically made to be flexible and fulfill income replacement requirements of professionals and executives, Proguard series

  • Offers income replacement with tax-free option when met with disability with a personally-owned plan.

  • Top up on employer offered long term disability benefits

  • Aims in protecting the employees with an income loss replacement plan.

Have you just graduated?

You will qualify for discount price and an easy application procedure through the Grad Advantage program.

Benefits

  • Rely on non-cancellable coverage up to 65 years without any changes in rates or fewer benefits until you make prompt premium payments.

  • Even if on leave, keep up comprehensive disability coverage (such as maternity/paternity) or sabbatical

  • Get back to work with partial benefits

Plan details

Core plan:

  • Replace your compensation if a disability stops you from carrying out regular work and you are not working elsewhere.

  • Get partial or residual advantages if you happen to work with inadequate capacity.

  • Enjoy extra protection over a period of time with an annual 5% raise automatically over time to your policy amount.

  • Avail financial flexibility in case you suffer a severe disability, like loss of vision or hearing, with more than 25% benefits

  • You may plan to exchange your policy in future for Manulife long-term care insurance.

Optional add-ons:

  • If you make no claims, you can receive back your premiums every eight years.

  • Alter the benefit amount as per the Consumer Price Index (CPI)

  • Have the choice for a career change while availing disability income through policy

  • Buy extra insurance when your income increases, with no medical evidence

  • Include security for health care professionals who are involved in invasive treatments

Venture Series® Disability Insurance

Affordable income protection for small business owners and employees from Canadian L.I.C. Inc. When you own a business or when you work somewhere, a sudden illness or injury may have a strong impact on your finances. Venture series disability insurance is an affordable way to keep your income protected.

Get the best Insurance Quote from Manulife Insurance

Call 1 844-542-4678 to speak to our advisors.

Benefits

  • You can rely on non-cancellable coverage until age 65 with nil increase in rate or decreased benefits until you make prompt premium payments.

  • Enjoy special programs for freshly started business owners, farm owners, part-time staff and students and recent grads in specific professions

  • Get more benefits than other competitive products if your disability is eligible for Workers’ Compensation or no-fault automobile insurance perks

  • Even if on leave, keep up comprehensive disability coverage (such as maternity/paternity) or sabbatical

  • Avail premium discounts eligible for qualified business owners

  • Get back to work with partial benefits

Plan details

Core plan:

  • Replace your compensation if a disability stops you from carrying out regular work, and you are not working elsewhere.

  • Enjoy extra protection over a period of time with an annual 3% raise automatically over time to your policy amount.

  • You may plan to exchange your policy in future for Manulife long-term care insurance.

Optional add-ons:

  • If you make no claims, you can receive back your premiums every eight years.

  • Alter the monthly benefit amount as per the Consumer Price Index (CPI)

  • Have the choice for a career change while availing disability income through policy

  • Get partial or residual advantages if you happen to work with inadequate capacity.

  • Buy extra insurance when your income increases, with no medical evidence

Personal Accident Disability Insurance

Keep your finances protected when you are injured with Canadian L.I.C. Inc. Accidents can occur anytime and may leave a strong impact on your capacity to pay bills. Whether you are working full time at present or part-time or not working at all, you can support in maintaining your finances. Canadian L.I.c. Inc. presents Manulife’s Personal Accident Disability Plan, which offers monthly payments to cover expenses, replace income if you get disabled or offer money for medical and convalescence expenses payable along with other coverage.

Core plan:

You get total or partial accident disability advantages along with the other benefits such as accident hospitalization, death due to accident, rehabilitation advantages, in-built waiver and others.

Personal Accident Disability Insurance

Offers monthly benefit if an accident causes disability, leaving you unable to perform your routine job.

Cash Hospital

Guaranteed issue coverage offers an everyday benefit when hospitalized because of accident or sickness

Optional add-ons

  • Avail 50% payback on your premiums (excluding claims) after 10 years, until your claims were lower than 20% paid premium.

  • Avail security if your disability is due to illness or injury

  • Additional accident coverage for 2-years for an extra 3 years or to age 65.

  • Include accident hospitalization, medical equipment, drugs, treatment and more

  • Increase or boost your accidental death benefit

  • Additional benefits for strains and sprains

Plan Details

Eligibility

Get security if you work full time, part-time, own a business, stay at home, are unemployed, student or retired person. Maintain your Guaranteed Renewable coverage up to 90 years Apply with simple procedure with a minimum of two qualifying questions Apply easily with just two qualifying questions for Personal Accident Disability Insurance and no questions at the time of application for Cash Hospital.

Choose the plan you need

  • The benefit period extends to two years, five years or until 65 years of age.

  • If your work timings in above 30 hours, then Monthly benefits are until $6,000 otherwise up to $1,000.

  • Integrated Benefits for amounts above $2,000 per month.

Choose Personal Accident Disability Insurance and/or Cash Hospital to keep your finances safe if you are injured or hospitalized because of an accident or illness:

  • Personalize your plan— you can choose whether your benefits should begin on day one of disability or after one month or after 4 months.

  • Avail discounted rates for employees under Workplace Safety and Insurance Board (WSIB)

  • Avail additional insurance coverage including, hospital, ambulance, accidental death benefits, rehabilitation and built-in waiver

ExpenseComp® disability insurance

Canadian L.I.c Inc. helps in business expense coverage if you are unable to work. When you do a business or work as a professional, a small portion of your revenue is spent over regular business expenses. Take steps to ensure you have coverage for overhead costs and bills if you are unable to work due to disability with ExpenseComp Disability insurance. Get your monthly business costs reimbursed, which includes salary, rent, utilities and even equipment costs.

Benefits

  • Avail support in covering expenses towards legal and accounting expenses if you are selling off your business due to disability.

  • Based on your fluctuating expenses, make sure to maintain your benefit payments automatically.

  • Your premiums can be considered as tax-deductible towards the business expense

Pick ExpenseComp to maintain your business operations even if you are disabled with reimbursement of your business expenses. Fulfil your future requirements - change it to an income replacement plan if you don’t require protection for your business expenses. Rely on non-cancellable coverage up to 65 years of age with no change in rate or reduction in benefits until you pay your premium promptly.

Plan Details

Core Plan:

  • Get your business expenses reimbursed when you are completely disabled.

  • Get certain expenses towards business sales reimbursed.

Optional add-ons:

  • If you work in limited ability, get partial or residual benefits

  • Buy extra insurance as your expenses raise up with no medical evidence

  • Include protection for health care professionals who are involved in invasive treatments.

  • If you make no claims you can receive back your premiums every eight years.

Manulife Buy-Sell Plus® disability insurance

Get support in funding a business buy/sell agreement. The success of your business is based on the productivity of the core team of partners, in case you or one of the partners become disabled, your business will face problems. you may secure your business with buy-sell plus disability insurance to finance the buy-out of a disabled partner.

Benefits

  • Rely on non-cancellable coverage until 63 years of age with nil increase in rate if your pay premium promptly.

  • Change to an income replacement policy, with no medical evidence

  • Avail support for legal and accounting expense coverage up to $5000 if you want to execute a buy-sell agreement due to disability.

Pick from the below three payout choices as per your needs for tax planning:

  • A lump-sum benefit payout

  • Monthly installments

  • A down payment after a monthly installment

Plan details

Core plan:

  • Get money—lump sum or via an income stream—to buy the business of a disabled owner.

  • Apt for businesses where two to five people control the business to an extend of a minimum of 10% and work full time.

  • Change insurance to a new business with no medical evidence

Optional add-ons:

Buy extra insurance as the business grows, with no medical evidence

Testimonials

Trusted by Clients

The Best Canadian Insurance Brokerage

Lalit Kumar

Mrs. Harpreet Puri is always friendly and professional and answers all of our questions with infinite patience. Helped us a lot in our health insurance. She is the best advisor.

Nippurn Kaushal

One of the best service provider in their field. I took a policy for my family and the plan I choose is the best and no other provider had that plan.Extremely satisfied by their services.

Baljeet Singh

Thank You so much for all of the work you did. I appreciated your prompt & honest communications as well as your efforts to make everything go smoothly. It was a pleasure to work with you.

Gurjinder Singh

Thank You so much for all of the work you did. I appreciated your prompt & honest communications as well as your efforts to make everything go smoothly. It was a pleasure to work with you.