Protect Your Income If You’re Ever Unable to Work
Your ability to earn an income is likely your most valuable financial asset. Disability insurance protects it if illness or injury keeps you from working.
What Is Disability Insurance?
Disability insurance replaces a portion of your income — typically 60-70% — if you become unable to work due to illness or injury. It’s one of the most overlooked types of coverage, yet the risk is real: a serious injury or illness can keep someone out of work for months or even years. Without an income replacement plan, even a well-managed budget can be seriously disrupted
Types of Disability Coverage
- Short-term disability — covers a portion of your income for a limited period (weeks to months) after an illness or injury
- Long-term disability — kicks in after short-term coverage ends and can continue for years, sometimes until retirement age
- Own-occupation coverage — pays out if you can’t perform your specific job, even if you could work in a different role
- Business overhead expense insurance — for business owners, covers business expenses (rent, payroll) while you’re unable to work
Why It Matters?
- The risk is more common than people think. Disabling injuries and illnesses can happen to anyone, at any age.
- Savings don’t last forever. Most households can only cover a few months of expenses without income.
- Employer coverage is often limited. Group disability benefits may not fully replace your income or may not extend long enough.
Who Should Consider This?
- Anyone who relies on their income to support themselves or their family
- Self-employed individuals and business owners without employer-provided coverage
- Professionals in physically demanding or highly specialized roles
- Anyone without several months of savings set aside for an emergency
How It Works?
- We assess your income, occupation, and existing coverage (including any employer group benefits)
- We identify any gaps in your income protection
- We compare plans to find the right level of coverage for your situation
- If you ever need to file a claim, we’re here to help guide you through it
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