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Who Should Consider Disability Income Insurance?

Features and Advantages of Momentum



Who Should Consider Disability Income Insurance?



Persons who have jobs that do not provide a group insurance plan:

- self-employed workers;
- small-business owners;
- employees, whether or not they are covered by the Workers' Compensation Act.



Features and Advantages of Momentum


Momentum provides you with disability income insurance in the event of an accident.



You receive monthly benefits of between $500 and $4,000 (up to a maximum of 70% of your monthly income).



Your benefits are paid for two years or until you reach the age of 60.



You may choose a waiting period of 0, 30 or 120 days.
The waiting period is the period between the beginning of the disability and the beginning of benefit payments.



Additional protections—disability income insurance in the event of an illness, business overhead expense insurance and hospitalization insurance—are available.

 
Disability Income Insurance

Disability income insurance provides you with a source of income to replace your salary during a period of disability resulting from an accident or illness.

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WHAT'S NEW

10/1/2015

Tax Planning Season 2015

9/1/2015

RRSP Deadline March 2, 2015

1/15/2015

Opportunity for Income

8/17/2010

Critical illness insurance: Essential coverage

More News  

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Calculate Length of Disability

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