We have been receiving numerous calls asking how COVID-19 has impacted existing insurance policies and if there is any sort of financial relief available within their plans. To get the message out, we partnered with Barry Choi, a Toronto-based personal finance and travel expert who frequently makes media appearances. His blog Money We Have is one of [...]
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 [...]
