The ability to earn an income is the single most valuable asset of any individual during their working years. Yet many Canadians overlook the need for income replacement insurance in their financial plans.
Others may assume that the traditional safety nets such as employer/government benefits or personal savings are enough to see them through. However, individual income replacement insurance is the only protection that is both comprehensive and portable, and provides a source of income that can be counted on during a period of otherwise complete uncertainty.
Do you know that …?
The chance that you will be disabled for 90 days or longer before age 65 is …
Where will the money come from if you’re unable to work?
- Government benefits
- Liquidation of assets
- Group long term disability (LTD) insurance
- Individual disability insurance