Venture Series Disability Insurance

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What is Disability Insurance?

What if something happens that prevents us from working for some time? It’s not a pleasant thought, but it could happen to anyone. The good news is that various insurance companies have planned for this, even if we haven’t. They have created something called disability insurance.
Disability Insurance or income protection is a form of coverage that helps you in the event that you can no longer earn an income due to mental or physical disability. Simply put, disability insurance is a type of policy that pays out if you find yourself unable to work.
There are a number of variations of disability insurance. These typically vary in areas like premium costs, wait periods and overall coverage.  

Disability Insurance for Small Business Owners and Employees

Disability, injury or illness can cause a devastating impact on the finances of small business owners and employees like you. It puts your income in great peril; the impact of such conditions is far-reaching. However, with Manulife Venture Series Disability Insurance, you can protect yourself financially from the unexpected illness or injury.
Venture Series Disability Insurance plan is the Manulife disability insurance product for individual protection that specifically designed for small business owners and employees like you.  
Venture Series Disability Insurance is a cost-effective way to help protect your income. With the plan, you can keep tabs on your future and efficiently plan your life without fear of the unexpected.

What are the benefits?

You’ve worked hard to get where you are today. 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 employees

Manulife Venture Series Disability Insurance allows you to protect your income in a dramatic way. It can offer you financial flexibility in an event of severe disability.

It also offers tons of coverage benefits that are available for this plan. Like to get more protection over time with an automatic 3% increase every year to your policy amount and many more that listed below.

This popular plan has several benefits outlined below:

  • Qualified business owners can enjoy premium discounts.
  • Count on non-cancellable coverage to age 65 with no rate increases or reduced benefits, as long as you pay your premiums on time
  • Special programs are provided for farm owners, business owners, students, new graduates and part-time workers.
  • Receive higher benefits than many competing products if your disability qualifies for Workers’ Compensation or no-fault automobile insurance benefits.
  • Maintain comprehensive disability coverage even if you are on leave (such as maternity/paternity) or sabbatical.
  • You can also enjoy partial benefits when you resume work.


Plan Details

  • Replace your income if a disability prevents you from doing your regular occupation and you are not working anywhere else.
  • Get more protection over time with an automatic 3% increase every year to your policy amount.
  • Plan for the future with the option to exchange your policy for a Manulife long term care insurance policy when the time is right.


Optional Add-ons

  • Get some of your premiums back every eight years if you make few or no claims.
  • Adjust the benefit amount according to the Consumer Price Index (CPI).
  • Have the option to change your career while receiving disability income from your policy.
  • Purchase additional insurance as your income grows, without medical evidence.
  • Receive partial or residual benefits if you continue working in a limited capacity.


Additional resources:

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

Insurdinary provides a comprehensive quotes comparison sends straight to your inbox so you can start comparing health coverage in minutes. See plans from several major Canadian insurers to choose the right option for you. Our customer health specialists are also available to address your questions and concerns.

For more information, you may contact us at 1-877-574-7475, or complete the form below.

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