Disability Insurance
Disability insurance provides monthly income replacement if a disability prevents you from working.
Protect Your Income, Protect Your Future
Life can be unpredictable — an illness or injury could keep you from working and earning an income. That’s where Disability Insurance from iRateCompare steps in. We help Canadians safeguard their most valuable asset: their ability to earn a living.
Whether you’re employed, self-employed, or running a business, disability insurance ensures you can maintain your lifestyle and support your family if you’re unable to work due to a covered medical condition.
loss of income protection as a result of an injury
Canadians suffer injuries in preventable ways every single hour. Injury benefits are a great option for people on a limited budget or who don’t meet the requirements for illness coverage since they provide easy and affordable income replacement.
- Ages 18–69 are affected.
- Injury alone, $1,000 to $6,000 per month, 24-hour or Available non-occupationally
- Benefit durations include two years, five years, or until age 70; waiting periods are zero, thirty, or one hundred days.
- Benefits determined by employment income or gross business revenue.
Loss of income coverage provides a reliable monthly benefit to help cover your essential expenses while you recover. Whether it’s a serious condition or long-term illness, this coverage ensures financial stability so you can focus on getting better — not on bills.
- Issue Ages: 18 to 64
- Monthly Coverage: $1,000 to $6,000 for illness (24-hour coverage only)
- Benefit Period Options: 2 years & 5 years and up to age 70 yrs waiting Periods
- Available: 30 days and 120 days
- Must Be Purchased with Injury Coverage
Illness Coverage Amount Must Be Less Than or Equal to Injury Coverage
Loss of Income Coverage Due to Illness
FAQs about disability insurance
More About Disability Insurance?
In this insurance, we cover dibilities during accident or other accident happen, critical injuries and critical illness. Get More Details With Our Experts Agent.
How to Apply?
Our agent will guilde your properly step by step.
Policy Expiration?
No Expiration, Your advantages will continue for the duration of the benefit term, which you specify. When deciding how long your benefits are payable, you might wish to take your age and the amount of time left until retirement into account.