Understand Disability Insurance

Auto and home insurance are commonly purchased by Canadians to ensure protection on their valued assets, but few people consider protecting their means of income. The reality is that the number one cause of mortgage defaults and savings decline is loss of employment due to injury or illness. Disability insurance is a product that protects your ability to remain financially stable should a debilitating injury or accident threaten your ability to work.

Why should you consider Disability Insurance:

• An injury resulting in disability will impact your income, making it difficult to pay bills or maintain your standard of living.
• Worker's compensation only pays out in work-related accidents.
• Unemployment insurance typically pays for 15 weeks, which is generally insufficient for serious injuries.
• Canada Pension Plan and Quebec Pension plan offer only limited benefits.
• Group coverage typically doesn't offer enough coverage and may be limited by type of disability.

For more information on Disability Insurance or to get a no obligation quote please complete a short enquiry form and we will be happy to assist you.