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Financial Advisor Disability Insurance

Why Get Financial Advisor Disability Insurance


Disabilities can occur in any workplace, even those that do not require strenuous physical exercises. Even though financial advisors are knowledge workers, the professional might be a victim of workplace injury and hazards.

Injuries and disabilities might make it difficult for you to work and unless it is stated in your employment agreement, your employer might not pay you if you are unable to work. This is why you should take precautions ahead of time by taking out financial advisor disability insurance.

There are lots of disability insurance providers in Canada and insurance providers may differ in the services they provide. To choose the best financial advisor disability insurance, you need to shop around and compare policy options. You can also take advantage of the extensive resources provided by Insurdinary to choose the best financial advisor DI.

Insurdinary can connect you to reliable insurance advisors who will guide you to choose the best coverage. By choosing the best financial advisor disability insurance, you can get coverage at a low premium and awesome benefits.

To get a quote for financial advisor disability insurance, click here.

The Difference between Long- & Short-Term Financial Advisor Disability Insurance


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Financial Advisor Short Term Disability Insurance

When purchasing financial advisor disability insurance, you have to decide whether to go for short term or long-term coverage. You might also purchase both short term and long-term coverage in one policy. Short term financial advisor disability insurance provides financial protection for a short period of time, usually less than one year or 53 weeks.

Financial Advisor Long Term Disability Insurance

Long term financial advisor disability insurance provides financial protection for a long period of time, usually more than 2 years. The coverage may include work-related and non-work-related medical conditions. Financial advisor long term disability insurance usually last for several years. It may last until retirement or whenever the insured is healthy and can return to work. The coverage may start when your short-term financial advisor disability insurance runs out.

To learn more about financial advisor long term disability insurance, click here.

What is Covered in Financial Advisor Accident Insurance?


One of the first things you should consider before choosing a financial advisor disability insurance policy is the conditions it covers. You need to make sure that the policy provides comprehensive coverage.

Some insurers may cover both work-related and non-work-related conditions, accidents and injuries. Also, non-illnesses (such as pregnancy and childbirth) may also be covered by the financial advisor disability insurance.

Some medical conditions may not be covered by the policy. For instance, pre-existing conditions (which are medical conditions you are diagnosed with before the policy’s start date) may be excluded from the policy.

Financial Advisor Injury Insurance Coverage:

Coverage for total disability
Partial disability benefits
Retraining benefits and recovery benefits
Financial advisor disability insurance coverage for mental illness
Financial advisor disability insurance coverage for pregnancy
Survivor benefits
Compassionate disability

To learn more about financial advisor accident insurance, click here.

Be Prepared for Anything, No Matter Where You Work


You don’t have to lose your salary because of a disability. Get disability insurance today to make sure you are covered wherever you work.

Canadian Institutes for Financial Advisors


Learn about Financial Advisor DI

There are a number of financial advisor associations and institutes in Canada. Here are a few of such associations.

 

    • The Financial Advisors Association Of Canada – 138 Portage Ave E, Winnipeg, MB R2M 5R3 – (204) 231-3628

 

    • The Canadian Institute of Financial Planners – 390 Brant St Suite 501, Burlington, ON L7R 4J4 – (866) 933-0233

 

To learn more about financial advisor associations in Canada, click here.

Purchase Financial Advisor Disability Insurance in Minutes – Easy!


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Finding the best financial advisor disability insurance is easy with Insurdinary. Simply sign up, get quotes sent directly to your inbox, and buy your perfect plan online.

Purchasing financial advisor disability insurance should be the least of your worries. Get quotes now to protect your income and salary!

 

Step 1 – Get Quotes

Answer a few questions about your occupation to get quotes sent straight to you.

Step 2 – Compare Rates

Compare plans and prices from top level disability insurance providers.

Step 3 – Buy Online

Choose a plan and buy the perfect insurance plan in minutes.

Canadian Financial Advisor Accident Insurance Statistics


Job opening for financial planners in Canada is expected to total 57,900 over the period 2017 to 2026, and 58,000 new job seekers are expected to fill these positions.

According to the 2015 Labor Force Survey, about 34% of financial planners are self-employed and 91% work full-time whereas only 9% work part-time. Also, the 2011 National Household Survey shows that 44% of workers in this occupation are women, but 48% of all occupations are women.

To learn more about financial advisor accident insurance, click here.

Injuries Financial Advisors Suffer From


Financial advisors are knowledge workers, they provide financial services to their clients with respect to their financial institution. The professionals are not directly involved in any stressful physical activity as a result of their job but they may be exposed to some risks based on where they work. Injuries can happen anywhere and some injuries might make it difficult for a financial advisor to work. This is why you should take precautions by taking out financial advisor disability insurance to protect your income and salary against disabilities. if you are disabled.

Get the Lowest Rates on All Types of Insurance


Insurdinary has you covered no matter what. Shop online for the best insurance coverage and rates in Canada.

Financial Advisor Injury Insurance FAQ


Looking for financial advisor disability insurance coverage?

Learn more about how to get the best price financial advisor disability insurance online by checking out the Frequently Asked Questions below.

Do I need disability insurance as a financial advisor?

Yes, you need financial advisor disability insurance to pay a portion of your income or salary in the event of a disability. This will allow you to focus on your recovery rather than getting an income.

How long does long term disability last?

Long term financial advisor disability insurance may last until retirement (at age 65) or whenever you are healthy and ready to return to work. Some insurers also offer shorter duration, consult your insurer to find out the duration of your policy.

How long does short term disability insurance last?

Short term disability insurance may last for a few weeks or months. Usually, it lasts for about 9 weeks to 52 weeks. In other words, it usually lasts less than one year.

How much should I expect to pay in financial advisor disability insurance premium?

The amount you should expect to pay in premium will vary from one insurer to the other. However, most insurers will charge about 1 to 3 percent of your gross annual salary or income in premium.

To learn about financial advisor injury insurance, click here.

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