Your earning potential is far more precious than your car or home. But what if you met with an accident and unable to work and earn? Who will take care of your family and expenses? At Insurancebazaar.ca we provide our clients with Disability Insurance that is meant to protect you from the possible loss of income. It offers guaranteed coverage and guaranteed premiums. Disability Insurance helps protect your financial stability during tough times. This offers coverage to individuals who become disabled for a long period of time and aren’t able to work.
The purpose of Disability Insurance is to provide you with a regular monthly income to replace income received from your job should you be unable to work because of a disability. In theory, therefore, disability insurance should be quite straightforward. In practice, however, policies that sound superficially similar may differ greatly with regard to how disability is defined, when benefits are received, the size of the benefits, and whether the insurance company can cancel or change the policy.
Why should you consider a personal disability insurance plan?
- Worker’s Compensation only provides coverage related to accidents at work.
- Unemployment insurance only covers 15 weeks.
- Canada Pension Plan: Relying on the government for a benefit can be daunting
- Group and association coverage can offer a limited protection
Nobody knows when such situation may arise and for how long. But these things happen. Regardless of the cause of injury or illness, if you are unable to work, you will surely get benefits from this policy.
Note: We have special GROUP DISCOUNTS on Disability Insurance for Trucking Fleets and larger groups in general.
To get started, click here or call us at 416.841.7400