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Hamilton 905-667-4410 Kitchener 519-772-4810 Toronto 416-238-4410 Ottawa 613-288-8194 Toll Free: 1-866-856-6799
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Search our site with 'quick search': contact Toll free : 1-866-856-6799
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Disability Insurance (continued)
The chances of becoming disabled before age 65 are greater than dying, yet most people have never considered disability as an important element in financial planning. Here is a bar graph to support this:
Most employees do not understand how their employer plan would pay, under what circumstances, or for how long. The amount is usually well short of usual take home pay, leaving the employee in very poor shape. Most self-employed have never considered disability insurance, and most have never been asked by their insurance advisor to consider it. Your ability to earn an income is perhaps your greatest asset to yourself and your dependents. Not considering disability insurance may prove to be a financially disastrous error. Why is disability insurance important to
me?
Click here for a worksheet to help determine
how much Disability Insurance you may need
Please click Canada Life's latest disability brochure
Also, please see the chart on "Retirement M.O."
(Why People Retire) which shows that disability is a strong second as the reason
why people stop working. Please also see:
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