INNOVATION May-June 2018

TOUGH QUESTIONS. AN AFFORDABLE ANSWER. What if you became disabled due to a serious illness or injury and were unable to work? Treatment and recovery should be your number one focus. But treatment and recovery can have a significant price tag, which could be especially difficult to manage when you’re not working.

WHAT ABOUT DISABILITY COMPENSATION FROMWORK OR PUBLIC PLANS? THAT’S GOT TO HELP, RIGHT? To some extent, sure. But both can be quite limited. And what if you’re self-employed and don’t have work insurance benefits?

BUT WHAT ARE THE ODDS? The odds of suffering from a disability before age 65 are higher than you might think: 1 in 3 . 1

OKAY, BUT WHAT ARE THE FINANCIAL IMPLICATIONS?

Sadly, nearly 50% of mortgage foreclosures are due to disability. 2 And if you’re self-employed, imagine the implications for your business if you’re unable to work.

SO, WHAT ARE YOUR OPTIONS? Engineers Canada-sponsored Disability Income Replacement Insurance was created exclusively for professional engineering, geoscience and technology association members like you.With your membership, you have access to a unique combination of great benefits and low rates not available to the general public: • Pay no premiums if you’re totally disabled for three consecutive months. Or, if your chosen elimination period is longer, * you pay no premiums during that period. • Monthly disability benefit payments of up to $15,000 . 3 • Six types of disabilities are covered under this plan. • Extra features at no extra cost: Compassionate Care Benefit, Cost of Living Adjustments, Future Increase Option Benefit, Guaranteed Re-entry Benefit & Reinstatement,Waiver of Premium, Coverage Between Jobs and Cost of Living Buy-Back Option.

Learn more and apply for: Engineers Canada-sponsored Disability Income Replacement Insurance www.manulife.com/apegbc/DI Manulife Customer Service: 1-877-598-2273 (Monday to Friday, 8 a.m. to 8 p.m. ET)

Underwritten by The Manufacturers Life Insurance Company 1 Canada Life and Health InsuranceAssociation,A guide to disability insurance, January 2016. 2 www.disabled-world.com,“Disability Insurance:Benefits,News and claims,”2017. 3 Based on a percentage of your monthly earnings,while you are disabled and unable to perform your occupation. *The elimination period is the number of days following your injury,after which your benefit payments will begin (7 to 365 days).The longer the elimination period, the lower your premiums. Manulife,P.O.Box 670,StnWaterloo,Waterloo,ON N2J 4B8. Manulife and the Block Design are trademarks ofThe Manufacturers Life Insurance Company and are used by it,and by its affiliates under licence.All rights reserved.© 2018The Manufacturers Life Insurance Company.