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Engineers Canada Sponsored
Business Overhead
Expense Plan
As a self-employed professional, you are responsible for the fixed expenses of running your business and these office expenses continue even when you are unable to work.
The Business Overhead Expense Plan covers business expenses that continue when your business revenue slows or stops because you are disabled due to illness or accident.
 How Expenses Are Paid
Extra Features At No Extra Cost
Waiver of Premium
Recurrence of Disability
Death Benefit
Determine Your Benefit Amount
 Discover How Little It Costs
Monthly Premiums*
Per $100 Of Monthly Benefit |
Age | Elimination Period |
 | 14 days | 30 days |
Under 30 | $0.90 | $0.70 |
30-34 | $1.02 | $0.81 |
35-39 | $1.33 | $1.12 |
40-44 | $1.44 | $1.26 |
45-49 | $1.64 | $1.49 |
50-54 | $1.89 | $1.67 |
55-59 | $2.19 | $1.98 |
60-64 | $2.38 | $2.17 |
65-69 | $2.64 | $2.40 |
* Premiums are subject to change without notice. Premiums increase as you enter a new age bracket.
For annual rates divide the monthly rate by .09.
Money-saving tip: Consider your elimination period options. You should select a elimination period which takes into account any income you have saved to draw on or will continue to receive from your business immediately after becoming disabled. The longer the elimination period, the lower the cost.
Apply for Coverage
You can apply for coverage under the Engineers Canada-sponsored Business Overhead Expense Plan yourself, in the privacy and comfort of your own home or office. Simply download the printer-ready PDF application, complete it and mail it to Manulife Financial at the address indicated.
If you have questions or feedback about our coverage, click here to contact us online, telephone us toll-free at 1 877 598-2273 Monday through Friday, from 8 a.m. to 8 p.m. ET or e-mail us at am_service@manulife.com any time.
Your authorized insurance representative is always ready to discuss this Plan with you, to help you determine what coverage best suits your needs and to help you complete your application. You can get in touch with your local representative today.
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