All About Insurance; Whitby, Ontario on LinkedIn

Please enter your information below and you will be called by a broker in your area * required

*
*
*
*

What we do

DISABILITY INSURANCE QUOTES ONTARIO

Disability Insurance provides you with valuable financial cover especially when you are rendered incapable of performing your normal routine or work criteria. In most cases, employees are covered under a group insurance plan but if you are self employed, you really need to get yourself covered on the disability aspect.

Disability Insurance Features

In case you become disabled, the income you will receive is free from taxes.

  • Disability insurance is a must for employed people whose employers have not opted for their disability insurance cover.
  • It is advisable to go for a personal disability for you can cover yourself in a better and more suitable way as against an employer's disability cover.
  • You can continue to earn income by doing other tasks which are different from your specified occupation due to your disabled condition.
  • Disability money can be availed from a 2 year period or till you reach 65 years of age which again depends upon the policy you have gone for.
  • With the freedom to choose the waiting period, you can decide when to receive your first cheque that is between 30, 60, 90, or 120 days.

Major Advantages of Disability Insurance

  • 1. Your income flow remains slightly steady despite your disabled condition on account of the disability insurance policy.
  • 2. You can even use this money to cover business overheads in your absence.

Choosing a Disability Insurance policy

Your professional abilities have to be given most consideration when you seek disability insurance. The coverage is offered up to a certain age limit which is usually 65 years which is paid in case you are not capable of working. At the same time, cover levels depend upon the policy you go for.

The coverage is directly in proportion to the income and you can receive up to 75% of your income whenever you opt for a claim.

Make sure you cover the inflation costs and retirement cover when opting for your disability insurance.

With disability insurance, you can either receive high benefits on claiming or simply nothing in case you do not become disabled.

We are a leading Disability Insurance advisors in Ontario. Contact us now for a personalised insurance quote!


* Conditions Apply

* Serving residents of Ontario and Alberta only