I was playing pickleball on the weekend with a physician friend who slipped and broke his ankle. He said to me “good thing I have disability insurance right?” Disability insurance is designed to protect your most important asset, your ability to earn income. Being disabled means you are unable to work due to sickness or injury and your income determines how much disability coverage you should have. In my friends case, we review his insurance every year or two so he…
Being Disabled means you are unable to work due to sickness or injury. There are currently 3.8M Canadians on disability claim. Whether it is a cardiac issue, nervous disorder, complication of pregnancy, a broken bone or pulled disc; anything can cause a disability. For many professionals, a disability can be devastating by taking a toll your ability to earn income and this affects you and your family. What is Disability Insurance? Disability can be temporary or permanent. According to the…