Help protect one of your most valuable assets – your income – from unexpected events with insurance for:
Long-term Disability
Disability insurance, whether short or long term, gives employees a financial cushion in the event they become disabled due to an injury or illness and are unable to work for a period of time. Although Health insurance will typically cover the costs of treating an injury or illness, most people will have a difficult time paying for basic necessities if they aren’t able to work.
Disability insurance, whether short or long term, gives employees a financial cushion in the event they become disabled due to an injury or illness and are unable to work for a period of time. Although Health insurance will typically cover the costs of treating an injury or illness, most people will have a difficult time paying for basic necessities if they aren’t able to work.
Insuring employees for the long term, LTD coverage can help provide financial security so a disabled employee can focus on recovery and returning to work.
Critical Illness
Suffering a critical illness is distressing for both you and your family. Help ease the burden through insurance that will reduce financial stresses and can complement disability and life insurance protection needs. By helping pay for the additional expenses often associated with a critical illness or condition, insurance offers you, your family, and if applicable, your business, added financial security—so you can focus on recovery.
Suffering a critical illness is distressing for both you and your family. Help ease the burden through insurance that will reduce financial stresses and can complement disability and life insurance protection needs. By helping pay for the additional expenses often associated with a critical illness or condition, insurance offers you, your family, and if applicable, your business, added financial security—so you can focus on recovery.
The advantages of critical illness insurance can include:
- Coverage for up to 22 critical illnesses or conditions
- An initial lump-sum benefit you can use however you wish—from making mortgage payments to seeking medical treatment outside Canada
- Home-care costs during illness and recovery periods
- Even if you’re not disabled from working, you may receive payment
- The ability to provide a return of premium benefit (optional)
Individuals who cannot obtain disability insurance in some cases still qualify for critical illness coverage (e.g. a non-income earning spouse)
Long-term Care
This type of insurance helps you manage the risk of losing your independence due to an unexpected illness, chronic condition, or dementia by transferring the risk to long-term care insurance. This provides a comprehensive, income-style benefit when you’re dependent.
This type of insurance helps you manage the risk of losing your independence due to an unexpected illness, chronic condition, or dementia by transferring the risk to long-term care insurance. This provides a comprehensive, income-style benefit when you’re dependent.
Business Overhead Expense
The death of a partner or major stockholder in a business can have devastating effects on both the business, and the deceased partner’s surviving family. On one hand, the business is concerned with gaining control of the deceased partner’s share of the business at a fair price in order to continue operations without interference from the surviving family members. On the other hand, family members of the deceased are concerned with receiving capital for their interest in the business. This might also serve as the capital for estate settlement purposes.
The death of a partner or major stockholder in a business can have devastating effects on both the business, and the deceased partner’s surviving family. On one hand, the business is concerned with gaining control of the deceased partner’s share of the business at a fair price in order to continue operations without interference from the surviving family members. On the other hand, family members of the deceased are concerned with receiving capital for their interest in the business. This might also serve as the capital for estate settlement purposes.
