Accidents and sicknesses happen everyday, when we least expect it. Consider the following if such an accident were to happen to you and you were unable to go to work tomorrow: Would you be able to pay off your mortgage? How long would you be able to survive financially – days, weeks, months, years? Where would the money come from – personal savings, RRSP, loans? How would your lifestyle change and that of your family`s?
CONTACT US24-hour coverage for injury or illness
Loss of Income Benefit, in which you receive a portion of your regular income on a monthly basis
Loss of Income Benefits can be paid from date of injury to a maximum of 70 years of age for most occupations
Partial Disability Benefit (50% benefits for up to 180 days)
Return to Work Assistance Benefit (provides rehabilitation and financial assistance to help you return to work)
Premium is waived during total disability period (30 days after benefits become payable)
Accident Medical Reimbursement Benefit (up to $10,000 coverage for medical expenses not covered by provincial plans)
Injury is common
40% of Canadians get injured and take leave for up-to 90 days, at least once in their careers
Provides Replacement Income
Can provide 70-85% of your regular monthly income
Benefits can be claimed up to age 70, depending on your needs
| DISABILITY INSURANCE | CRITICAL ILLNESS |
|---|---|
| Provides monthly income | Provides a lump sum tax-free payment |
| Benefit is proportional to your income | Claim as per your plan coverage |
| Can be claimed from Day 1 | Payment provided usually after 30 days |
| Provides benefit from injury, with optional sickness rider | Benefit covers up-to 25 critical illnesses on the basis of diagnosis |
| Must be employed & have working income |
