In Canada, there are 1.8 million disabled individuals between ages 18 and 64, and more than half of those individuals have annual incomes of less than $10,000. If it happened to you, who would pay the bills? Would your family be exposed to financial hardship? Disability insurance protects against this type of risk.

Things to be considered when choosing disability coverage include what defines a disability, when benefits will be paid out, for how long they will be paid out, and whether benefits are taxable or not. Your Canfin Financial Advisor can assist you in selecting the disability coverage that makes most sense for you and will ultimately mean peace of mind for you and your family.