Basic Facts Related To The Disability Insurance Canada
Disability insurance in Canada, often referred to as "disability income insurance" or income replacement insurance," is an excellent insurance plan that is designed to provide complete financial support to many individuals who are unable to work due to a disability or injury. It is true that even if you take precautions, disability can naturally occur to you. It is also better to opt for a disability insurance Canada quote from a genuine agency. Types of Disability Insurance: a. Short-Term Disability Insurance: This kind of disability insurance Provides benefits for a limited duration, typically covering the early stages of disability. The waiting period for benefits to begin is relatively short. b. Long-Term Disability Insurance: This kind of disability insurance offers benefits for a more extended period (often until age 65) if the disability prevents the insured person from working. The waiting period for benefits to start is usually longer compared to short-...