INNOVATION September-October 2018

4 GREAT REASONS TO PURCHASE LIFE INSURANCE

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A LOW-COST ALTERNATIVE TO MANY BANK MORTGAGE INSURANCE PRODUCTS You can purchase enough life insurance to cover your entire mortgage, so your family wouldn’t have to worry about making mortgage payments. In fact, using life insurance to cover your mortgage can be more cost-effective than mortgage insurance.

YOUR SPOUSE COULD LIVE OUT YOUR RETIREMENT DREAM

You and your partner have surely spent time thinking about retirement. A life insurance benefit can help your spouse live out your retirement dreams.

IT CAN OFFER VALUABLE FEATURES Engineers Canada-sponsored Term Life Insurance, created exclusively for members like you, offers valuable features to help provide financial protection for you and your loved ones: • NEW: Lower rates to celebrate the 70 th anniversary of the plan * • NEW: Higher savings on coverage of $500,000 or more * • NEW: Job Loss Waiver of Premium *

IT CAN LEAVE A LEGACY BEHIND FOR YOUR LOVED ONES If you ensure that you have enough life insurance to help pay for your children’s post-secondary education, imagine the lasting legacy you’d leave, potentially setting them up for a lifetime of professional success. The benefit can also help your spouse with the cost of child rearing in general – after all, the cost of raising a child to 18 in Canada is $253,947. †

Plus, if you’re applying for the first time for Engineers Canada-sponsored Term Life Insurance, we’re offering you an added bonus of $50,000 in coverage at no extra cost for up to two years!**

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

Conditions, limitations and exclusions apply.See policy for details. † www.moneysense.ca,“The real cost of raising kids,”April 15,2015. * EffectiveApril 1,2018. ** See full First-TimeApplicant Offer eligibility and offer details at www.manulife.com/springfree. Underwritten by The Manufacturers Life Insurance Company. Manulife and the Block Design are trademarks ofThe Manufacturers Life Insurance Company and are used by it,and by its affiliates under licence.© 2018The Manufacturers Life Insurance Company.All rights reserved. Manulife,P.O.Box 670,StnWaterloo,Waterloo,ON N2J 4B8.

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