Disability Insurance

Disability Insurance offers you a simple, affordable way to provide an income should a disability prevent you from working.
Disability Insurance will pay a portion or your full income in the case that you are diagnosed with illness or have been subject to an accident rendering you unable to work due to disability. Such an insurance coverage is important since most people do not have emergency saving to survive even after a short spell without income. The chances of being victim to disability may seem very remote, especially if you are young and health and have a relatively low risk job. But according to the Council for Disability Awareness, more than one in four 20 year old will experience some form of disability before they retire.
Why should you consider a personal disability insurance plan? -Worker’s Compensation only covers work related accidents.
-Unemployment insurance only covers 15 weeks.
-Canada Pension Plan: Are you comfortable relying on the government for a benefit that can change?
-Group and association coverage can fill a valuable role in long-term disability protection. However, the benefit may be limited by the definition of disability and coverage amount.