Mental illness affects 1 in 5 Canadians in their lifetime1. Recently, a Canadian Mental Health Association poll indicated that 24 percent of respondents have sought help for mental health challenges (that is 1 in 4 Canadians), this is up compared to polls completed over the past two years 2. So, it is no surprise [...]
Despite the sobering fact that one in three working-age Canadians will become disabled and unable to work before they turn 65, a shocking percentage of the population doesn't bother with disability insurance. And even those who do purchase disability insurance often settle for only a short term policy or simplified coverage through their mortgage insurance. [...]
Recently, I was working with a physician who told me that she did not feel that she needed to protect her income from disability. “Interesting” I said, and asked her to provide me with her reasoning. Her response was “I don’t believe that I am at risk to become disabled, I am young and healthy [...]
What’s the best policy for real estate agents? As a real estate agent, it makes sense to have a policy that protects you from a decrease in income as well as a total disability. Many disabilities do not prevent you from working, but definitely have an impact on your ability to earn the same income. [...]
