Income protection for professionals and executives

You’ve worked hard to get where you are today. If illness or injury prevents you from doing your job, you can help make sure your income continues uninterrupted.

Specifically designed to be flexible and meet the income replacement needs of professionals and executives, Proguard Series:

  • Provides tax-free income replacement in the event of disability, with a  personally-owned plan
  • Tops up employer-provided long term disability benefits
  • Helps protect employees through an Income Loss Replacement Plan

Are you a recent grad?

You may be eligible for discounted rates and an easier application process through the Grad Advantage Program.


Count on non-cancellable coverage to age 65 with no rate increases, or reduced benefits as long as you pay your premiums on time

Maintain comprehensive disability coverage even if you are on leave (such as maternity/paternity) or sabbatical

Transition back into work with partial benefits

Plan details

Core plan:

  • Replace your income if a disability prevents you from doing your regular occupation and you are not working anywhere else
  • Receive partial or residual benefits if you continue working in a limited capacity
  • Get more protection over time with an automatic 5% increase every year to your policy amount
  • Get financial flexibility if you have a severe disability, such as loss of sight or hearing, with 25% higher benefits
  • 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
  • Add protection for health care professionals practicing invasive procedures


Note: Above features may be subject to terms and conditions

Ready to buy?

If you’re ready to buy Proguard Series insurance, interested in the Grad Advantage Program, or if you have questions, speak to your advisor. If you don’t have an advisor, we can help you find one.