Disability Insurance: Canada’s Forgotten Insurance

Posted on May 18, 2009 and updated June 25, 2010 in Life Insurance Canada News 1 min read
Aaron Club Throw01

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…)