Many of us have misconceptions about the risk of becoming disabled and the disability insurance coverage offered at work.

How confident are you regarding these topics?
Answer the questions below to see whether your current long-term disability coverage offered through work is adequately protecting you and your loved ones.

Your email address
Do you know what is the most common cause of disability in Canada?
If you had to stop working for several months, would you be able to maintain your current standard of living?
Do you have a 3-month emergency fund saved up?
Do you have a clear understanding of the coverage you have through your group benefits?
Does your current group coverage include partial disability?
Should you need it, do you know how long it will take before you start receiving disability payments through your group coverage?
Does your group insurance plan account for your income from bonuses, profit sharing and commissions?
If you leave your company, are you able to take your group insurance coverage with you?
Do you know the age in which disability insurance through your employer is terminated?
Does your coverage provide disability payments if you’re unable to work in your existing occupation but able to do another type of work?

If you answered no to any of the questions above or are unsure about the answers, it’s time to review your long-term disability coverage and the risk you may be facing.

Your chances of becoming disabled are a lot higher than you might think. In fact, nearly half of all Canadians have experienced a physical or mental illness that has required them to take time off work, and 1 in 4 Canadians will become disabled for 90 days or longer before age 65.

We encourage you to contact us for a no obligation review of your current plan. You may decide not to do anything, but you owe it to yourself and to your family to be clear on what you have in case you become disabled and are unable to work.