ExpenseComp Disability Insurance

What are the benefits?

Your business dreams should not be shattered by anything, not even by disability. Manulife created this plan because Manulife understands your financial situation in the event like this to help make sure your income continues uninterrupted.

Affordable income protection designed for small business owners and professionals

Manulife ExpenseComp Disability Insurance can offer you financial flexibility and help cover your business expenses if you can't work due to injury or disability.

It also offers tons of coverage benefits that are available for this plan. Like the provision to purchase more coverage in the event your expenses increase and many more that listed below.

This popular plan has several benefits outlined below:

• Your premiums may be tax deductible as a business expense.
• Have your benefit payments automatically adjust to be in line with your fluctuating business expenses.
• Get help covering legal and accounting expenses if you have to sell your business because of disability.
• Meet your future needs—convert to an income replacement plan if you no longer need protection for your business expenses.
• Count on non-cancellable coverage to age 65, with no rate increases or reduced benefits as long as you pay your premiums on time.
• Receive reimbursement of your business expenses during a total disability.
• Receive reimbursement of some expenses related to the sale of your business.

Optional Add-ons

• Receive partial or residual benefits if you continue working in a limited capacity.
• Purchase additional insurance as your expenses increase, without medical evidence.
• Add protection for health care professionals practicing invasive procedures.
• Get some of your premiums back every eight years if you make no claims.

Similar Manulife Insurance Products

• Health & Dental

Health & Dental

• Manulife Association Health and Dental Plans
• Manulife FlexCare Plan
• Manulife FollowMe Plan
• Proguard Series Disability Insurance
• Venture Series Disability Insurance
• Buy-Sell Plus Disability Insurance
• ExpenseComp Disability Insurance
• Personal Accident Disability Insurance
• Livingcare Long Term Care Insurance
• Lifecheque Critical Illness Insurance
• CoverMe Critical Illness Insurance
• Lifecheque Basic Critical Illness Insurance
• Manulife Synergy Insurance

Additional resources:

Learn more about your other Manulife insurance options from these informative articles.