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The power of protection - Solutions For Financial Planning*

Understanding the need for living benefits insurance coverage.

If the unexpected were to happen, it’s not hard to conceive the serious financial impact that could follow. Consider your current situation and how much you spend each month on housing, transportation, food, utilities and child care – and then imagine that suddenly, you’re sidelined with a serious illness or injury that disrupts your ability to earn a living. 

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* This article opens in a new window directing you to Manulife's Solutions for Financial Planning Magazine.

© 2022 Manulife. The persons and situations depicted are fictional and their resemblance to anyone living or dead is purely coincidental. This media is for information purposes only and is not intended to provide specific financial, tax, legal, accounting or other advice and should not be relied upon in that regard. Many of the issues discussed will vary by province. Individuals should seek the advice of professionals to ensure that any action taken with respect to this information is appropriate to their specific situation. E & O E. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Any amount that is allocated to a segregated fund is invested at the risk of the contract holder and may increase or decrease in value.

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