Health & Disability Insurance

Health and disability insurance products protect you in case of illness or accident. The purpose of this insurance is to cover loss of income and additional expenses incurred due to a sickness or injury.

What Counts as a “Disability“?

There isn’t one standard definition for a disability that applies across the board. As a general observation, it’s any sort of injury or illness that renders one unable to do their job.

Short-term disability income insurance is intended to cover temporary disabilities, such as recovery from childbirth or the healing of a broken bone. By definition, it’s short-term, but it can range in duration from as short as 30 days to as long as one year.

Long-term disability insurance replaces part of your income each month if a serious injury or illness prevents you from working. It’s the best way to stay on track with your finances while you focus on your recovery.

To qualify for long-term disability insurance you must have a qualifying injury or illness diagnosed by a medical professional to last a year or longer, be under 65 years of age, have a severe and prolonged mental or physical disability, and your disability prevents you from working on a regular basis.