Disability Insurance: Canada’s Forgotten Insurance
Good thing he has the right coverage
When you're young it's easy to think you're invincible and nothing will ever happen to you, but the hard truth is, if you're under 65, you're 60% more likely to become disabled than you are to die.
The second leading cause of bankruptcy in Canada, behind over extension of credit, (29%) is injury or illness leading to disability (15%) because it blocks people from sustained employment. Yet, most Canadians don't understand how disability insurance works and why they may not be adequately covered.
(Disability Insurance: Canada's Forgotten Insurance continued...)