Disability Insurance is designed to protect you (or your business), and your loved ones against the financial effects of disability. For most of us, being unable to work would mean no income and it would threaten the families’ security and independence. It is important to consider personal disability insurance because:
- Worker's Compensation only covers accidents that happen while you are at work or are work related.
- Employment Insurance only provides coverage for 15 weeks.
- Canada Pension Plan benefits are constantly changing and are currently under the strain of an aging population.
- 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.
Remember, a custom designed individual disability plan will provide you with guaranteed coverage and guaranteed premiums.
We deal with the following suppliers for Disability Insurance:- Assumption Life
- Canada Life
- Great West Life
- Manulife Financial
- RBC Insurance
