Your ability to earn income is your most valuable asset. Disability insurance is designed to protect you from a possible loss of income. What’s the possibility of this happening? Below are some statistic on disabilities occurring at different life stages.
It may surprise you that just over 1 in 4 of today’s 20 year olds will become disabled before they retire.*
Why should you consider personal disability insurance?
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. Remember, a custom designed, individual disability plan will provide you with guaranteed coverage and guaranteed premiums.