Income Protection Insurance
If you became either temporarily or permanently disabled, how will you maintain an income to cover your life expenses? There's insurance for that.
Accident & Sickness Insurance
Accident & Sickness Insurance exists to protect you and your family from the financial burden that comes from illness, injury, or disability. The associated coverage may serve as source of funds to replace your income and cover medical costs.
Know The Difference
Which income scenario would you choose to have?
Without Insurance
Annual Income
While Working
Annual Disability
Benefit Paid
Annual Income
$78,962
$0
With Insurance
vs.
Annual Income
$77,192
(Original Income) - (Insurance Premium)
$51,600
* Manulife quote based on a 49 year old male, class 1 occupation, and a 90-day waiting period - paid until age 65.
Using a fraction of your income to pay for accident & sickness insurance can provide you with a peace of mind - so that if an unfortunate circumstance presents itself, your insurance will pay you an income benefit until the retirement age of 65.