Accidents and illnesses are facts of life. They can happen to anyone at any time, and they can change your life forever. Many Canadians believe that the chance of becoming disabled is low. In fact, 1 in 3 people between the age of 35 and 64 will experience a period of disability lasting longer than 90 days during their work life.
The instant you are disabled, you often lose your ability to earn an income. Consider the amount you spend each month. Where would the money come from if you were to become disabled? Are you willing to deplete your savings or go into debt? Would your spouse’s income be able to cover all your monthly expenses and maintain your current standard of living? Would you be willing to sell your home or car — and would you receive fair market value for these assets if you did?
If you will always need an income, Disability Insurance is worth a second look.
Your ability to earn an income is one of your most valuable assets. Without an income, your whole life could change overnight. Protect your tomorrow with disability insurance today.