Sherrett Insurance Agency Ltd.

Estate Planning, Corporate Benefits, Investments, Insurance, Retirement Planning

Disability Insurance

Disability insurance provides a monthly income if you are unable to work because of an injury or illness. 1 in 3 people will be disabled for 90 days or longer at least once before age 65. In 2006, Canada’s disability rate was 14.3%.*

Why consider individual disability insurance?
  • Worker's Compensation only covers work related accidents.
  • Unemployment insurance only covers 15 weeks.
  • Group insurance coverage may be limited by the definition of disability and coverage amount.

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* 1985 Commissioners Individual Disability Table A and PALS 2007, Stats Canada