Your ability to earn income is your most valuable asset. Disability insurance is designed to protect you from a possible loss of income. What’s the possibility of this happening? Below are some statistics on disabilities occurring at different life stages.
It may surprise you that just over 1 in 4 of today’s 20 year-olds will become disabled before they retire.*
Why should you consider personal disability insurance?
Worker’s Compensation only covers work related accidents.
Unemployment insurance 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.
Remember, a custom designed individual disability plan will provide you with guaranteed coverage and guaranteed premiums.
Ong Financial Planning Services Ltd.
John Ong, CFP, CHS, CPCA, CCS
Certified Financial Planner
Tel: (604) 323-3830
1275 West 6th Avenue 3rd floor
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John has been providing financial planning advice for over 15 years. John is currently licensed as a life insurance agent, accident & sickness agent, mutual funds representative*, Certified Financial Planner, Certified Health Insurance Specialist, and Certified Professional Consultant on Aging. He specializes in personal financial planning advice with an emphasis on risk management, estate & retirement planning.