Canada Life Disability Insurance
Get Protected in the Event of Disability with Canada Life Disability Insurance
Disability can cause you to lose your independence. Worst still, it can make you unable to earn a living and to take care of your family and loved ones.
With Canada Life’s Disability Insurance, you can get the financial security you need because the coverage replaces a part of your earning.
Disability could be caused by an accident, illness and so forth and it can occur at any time. No matter how and when it occurs, the good news is that you can remain protected as long as possible.
Canada Life’s disability insurance is for every Canadian. Irrespective of your age, occupation or gender, you can take advantage of the top-notch disability insurance offered by Canada Life to stay protected. More so, the coverage helps to prevent financial disruption in the event of disability or in case you are unable to work due to an ailment or disability.
What Canada Life Disability Insurance Covers
Employers’ disability insurance may only cover thus far. They do not usually cover completely and they may not be flexible. Individual disability insurance is surely the best option and Canada Life’s coverage is the perfect disability insurance for you. If you are unable to work, Canada Life’s disability insurance will pay you a monthly amount after a predetermined waiting period.
- The disability insurance pays you a monthly amount if you are unable to work or earn an income due to an illness or injury.
- The amount specified in the disability is paid to the insured if he survives the predetermined waiting period specified in the policy.
- With the disability insurance amount, you can take care of a lot of things such as your grocery bills and mortgage payments.
- Canada Life’s disability insurance helps you to insure your paycheck. This helps to maintain your lifestyle until you are capable to return to work.
- Disability insurance also safeguards your retirement. You don’t need to withdraw from your savings due to disability to meet your needs. The coverage will replace a percentage of your income helping you to cater for your expenses.