Disability Insurance: Canadas Forgotten Insurance | Life Insurance Canada

disability insurance quebec

Disability Insurance: Canadas Forgotten Insurance

Good thing he has the right coverage

When you're young it's easy to think you're invincible and nothing will ever happen to you, but the hard truth is, if you're under 65, you're 60% more likely to become disabled than you are to die.

The second leading cause of bankruptcy in Canada, behind over extension of credit, (29%) is injury or illness leading to disability (15%) because it blocks people from sustained employment. Yet, most Canadians don't understand how disability insurance works and why they may not be adequately covered.

If you were to ask a group of working people whether or not they have disability insurance, most of them would say, Yes. But the fact is, most of these individuals are either under-insured, or have inferior coverage. Government disability plans are very lim... http://motor-insurance.ucoz.com/news/disability_insurance_quebec/2013-07-03-4389