Disability Insurance

Disability Insurance or income protection is a risk management product that everyone should consider.

The probability of disability is far greater than premature death, yet people often give more consideration to electronic warranties than they do insuring their income. We call this the flat screen / disability insurance paradox.

Whether you are single or have dependents, the loss of your income due to disability could significantly alter your lifestyle and lead to financial ruin.

Disability Insurance is a product that should be at the top of your list.

Can You Depend on Government Benefits?

Without disability income protection you would need to depend on government benefits, which only subsidize you for a fraction of your pre-disability income. Consider the following:

• Worker’s Compensation only covers work related accidents
• Unemployment insurance (EI) only covers 15 weeks
• Canada Pension Plan: Are you comfortable relying on the government for a benefit that can change?
• Group and association coverage can fill a valuable role in long-term disability protection. However, the benefit may be limited by the definition of disability and coverage amount.

Work With Redcliffe Financial Group

A custom designed individual disability insurance plan will provide you with guaranteed coverage and guaranteed premiums. Redcliffe Financial Group has a Registered Health Underwriter ready to assist you today.

Please do not hesitate to contact us today.