Yogesh Bansal

Disability Insurance

In case you get sick or injured and can’t earn your regular income

Disability Insurance

Disability insurance is designed to replace a portion or all of your income, if you become disabled and are unable to earn an income. A disability can result from a number of causes, including an injury, a serious illness or a mental health issue. And the duration of a disability can be either short- or long-term.

Auto and home insurance are commonly purchased by Canadians to ensure protection on their valued assets, but few people consider protecting their means of income. The reality is that the number one cause of mortgage defaults and savings decline is loss of employment due to injury or illness.


Speak to your financial planner to determine what is best for you and is affordable also.

Disability insurance is a product that protects your ability to remain financially stable should a debilitating injury or accident threaten your ability to work. There are different kinds of disability insurance coverage, including individual insurance plans and group insurance plans, as well as government plans such as workers’ compensation and benefits provided under the Canada Pension Plan.

Reasons to consider Disability Insurance:

Things to consider when purchasing Disability Insurance

Buying disability insurance is a very important decision of your life. While you are thinking about the premium you will be paying, it also important the possible benefits you will receive, if you happen to meet with a disability. Following are some of the things, you probably want to think of when purchasing a disability insurance coverage:

To make sure you are getting the best coverage, keeping in mind your needs, while keeping the premiums under control, please give me a call.