Disability Insurance
Disability Insurance
Disability insurance provides income replacement if you become unable to work due to illness or injury. It pays a monthly benefit to help cover living expenses while you recover or if a long-term disability prevents you from returning to work.
Advantages
Protects your income and lifestyle
Provides regular monthly payments
Helps cover mortgage, rent, bills, and daily expenses
Can include cost-of-living adjustments and partial disability benefits
Essential for self-employed and professionals
Objective
To replace lost income and maintain financial stability during periods of disability.
Suitable For
Working professionals
Self-employed individuals
Business owners
Primary income earners
Anyone who relies on their income to support their family
Who Can Open
Individuals
Business owners (personally or through a corporation)
Employers for employees under group plans