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Disability insurance

Disability insurance

Compare disability insurance with:

Personal health insurance, Critical illness insurance, Long term care insurance.

Your earning potential is a far more valuable asset than your automobile or your home. Disability insurance is designed to protect you from the possible loss of income. What's the possibility of this happening? It's more than you'd imagine. Why should you consider it? It's the only sure way to provide guaranteed coverage and guaranteed premiums.

What's the possibility of this happening?

Chances of becoming disabled for 3 months or longer before age 65*


Percentage 58% 54% 50% 48% 40% 30% 23%
Age              25    30     35    40     45     50     55


* Derived from 1985 Commissioners Individual Disability Table A.


Why should you consider a personal disability insurance plan?

  • Worker's Compensation only covers work related accidents.
  • Unemployment insurance only covers 15 weeks.
  • Canada Pension Plan: Are you comfortable relying on the government for a benefit that can change?
  • Group and association coverage can fill a valuable role in long-term disability protection. However, the benefit may be limited by the definition of disability and coverage amount.

Remember, a custom designed individual disability insurance plan will provide you with guaranteed coverage and guaranteed premiums.

© Sun Life Assurance Company of Canada.

Jim Barnard

I am very dedicated to providing high quality information about our financial products and services and in turn, helping my clients achieve financial success.

I am committed to providing you with high quality advice, superior service and information you will need to make sound financial choices.