What does disability insurance replace?
Disability insurance is designed to replace part of your income if a covered illness or injury prevents you from working, subject to the policy's waiting period, benefit period, and disability definition.
Disability Insurance in Ontario - Income Protection Guide
Learn how disability insurance protects your income if an illness or injury keeps you from working. Understand short-term and long-term disability, benefit periods, waiting periods, own occupation definitions, and self-employed coverage.
Insurance Topics Covered
- disability insurance guide
- how income protection works
- long term disability explained
Common Questions
Do self-employed people need disability insurance?
Self-employed people often have fewer employer benefits, so an individually owned disability plan can be important for protecting rent, mortgage, payroll, and family expenses.