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As a professional, you have invested considerable time and money to make yourself a success. If you were suddenly disabled, how long could you sustain your current lifestyle? How could you save for your retirement?
Disability insurance can assure that you have the money to continue your lifestyle without compromise.
By purchasing disability insurance, you are buying a monthly benefit, which will be paid to you, if you become disabled. The size of your benefit will depend on your level of income when you buy the plan.
You will receive the first monthly payment after the elimination period. The elimination period (usually 30, 60 or 90 days) is the time, either consecutively or cumulatively which must elapse for you to qualify for benefits. YOU decide how long your elimination period will be.
How is disability defined?
This is the most important point to consider. The strength of a disability contract is in its definition of disability. If you can work in any occupation, are you still going to receive a benefit? Can you work in another occupation and still receive benefits? If you can still work part time, is there a partial disability benefit provision? We can help ensure these points are covered within your disability benefits contract.
How much do you qualify for?
We have disability insurance plans for both employees and self-employed individuals. We take sources of income into consideration and provide you with detailed information about how much disability insurance you qualify for. Income sources can include:
- T4 income
- Income splitting
How knowledgeable is your agent in the disability insurance marketplace? There have been numerous changes in this area. Are you up to date? Our team keeps current on industry news and updates so that we are always able to help you find the best policies, tailored to your specific needs.
What are some of the core, built in benefits of your contract? Has it been integrated with government and spousal benefits? Are you getting the best value for your money? What if you need to make a change? As trained industry experts, we are prepared to answer all of these questions and more while we build you a tailor made disability insurance policy.