Disability insurance in Canada serves as a crucial safeguard for individuals in the event they are unable to work due to a disability or illness. It provides financial protection by replacing a portion of their income, ensuring that they can meet their financial obligations and maintain their quality of life during such challenging times.
Ensure Your Financial Security
with Access Insurance
Don’t take years off your life trying to find the best policy.
At Access Insurance, we have disability and personal insurance options, and you have nothing to lose by getting a free disability insurance quote to gain a better understanding of how disability insurance can help you ensure your financial security.
Access Insurance works to keep you safe and informed
The cost of disability insurance varies from person to person, but our Alberta brokers will work with you to get the best rates and coverage and walk you through your disability insurance policies in clear, everyday language.
What Does Disability Insurance Cover?
Short-term and long-term coverage
Short-term disability insurance provides income replacement for a temporary period, usually up to a year, while an individual recovers from an illness or injury. Long-term disability insurance, on the other hand, offers coverage for an extended duration, often until retirement age, if the disability prevents the person from returning to work.
Trip interruption coverage can help you recoup financial losses if your trip is interrupted due to unforeseen events, such as illness, injury, or natural disasters.
Critical illness coverage
This coverage is designed to provide financial support to individuals who are diagnosed with a severe illness or medical condition. Unlike disability insurance, which replaces a portion of the individual’s income if they become disabled and unable to work, critical illness insurance pays a lump sum benefit upon the diagnosis of a covered illness.
How to Get Disability Insurance in Canada
To obtain disability insurance in Canada, individuals can acquire coverage through employer-sponsored group insurance plans or purchase private policies independently. It is advisable to carefully review the terms and conditions, coverage limits, waiting periods, and exclusions associated with the policy before making a decision.
Thinking about critical illness insurance isn’t just for hypochondriacs. At Access Insurance, we prefer to think of it as an “In Case of Emergency, Break Glass” type of coverage.
Depending on your line of work and lifestyle, we will help you find the coverage best suited to your circumstances.
Once you’ve obtained disability insurance through Access, we will continue to be by your side for any inquiries you may have or if you need to file a claim or modify your coverage.
Get a Quote
Looking to get a quick disability insurance quote? Get informed and start on your path to peace of mind now.