Compare & Save up to 20% on Disability Insurance

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What is Disability Insurance?

Disability insurance provides a monthly cash benefit to partly replace the income you lose while recovering from an illness or injury. This payment helps minimize the impact of not receiving your regular pay cheque.

Should I get Disability Insurance?

Inverted Quotes

Absolutely; disability insurance can help protect your livelihood should anything happen to prevent you from working.

Disability coverage is a must-have for:

  • Those who depend on regular income to pay for rent or mortgage costs
  • Those who rely on a paycheque to support their dependents or other regular living expenses
  • Those with limited access to savings to maintain their current lifestyle for an extended period of time

Serious illness, debilitating injuries, mental health issues, and other matters that require lengthy hospital stays are common in Canada. Around 1 in 7 Canadians have a disability. Additionally, 33% of workers between ages 30-64 will experience a disability for longer than 90 days. While health care covers the immediate cost of treatment, it does not cover lost wages from missing work.

Who can apply for a 20% discount?

Applicants must have at least:

  • 3 years of experience in their field
  • A minimum of $100,000 net income in the last two years

Eligible occupations include the following:

Tech

  • Computer Specialists (Executives, Consultants, Hardware & Software Developers/Designers, Analysts, Programmers)

Medical

  • Medical Specialists (excluding GP, Family Physicians, and Emergency Medicine specialists)
  • Optometrists
  • Pharmacists
  • Dental Specialists (Endodontists, Periodontists, Oral & Maxillofacial Radiologists, Prosthodontists, Pediatric Dentists, Specialists in Oral Medicine and Pathology, Dental health specialists, and Orthodontists)

Business/Law

  • Accountants
  • Actuaries
  • Architects
  • Engineers
  • Executives (4A)
  • Lawyers
  • Judges

Disability Insurance Quotes

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Looking for affordable disability insurance, Canada? Choose PolicyAdvisor

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PolicyAdvisor is one of Canada’s top insurance brokers. Reviews from all over the web confirm our commitment to making insurance accessible to all Canadians and to provide you with the absolute best customer experience while comparing and applying for your insurance policy.

How PolicyAdvisor helps you find the lowest disbility insurance quotes

Looking for cheap disability insurance? We can help. At PolicyAdvisor we’ve made the process of buying disability insurance as easy and painless as possible. In fact, in just a few short minutes you could be on the way to obtaining coverage, protecting your loved ones, and having the peace of mind knowing you’ve taken care of all your protection needs.

1

STEP 1

Get quotes quickly

Get the best quotes across insurance companies

2

STEP 2

Zero in on best option

Our advisors guide you to the best product and company for your unique situations

3

STEP 3

Submit application

Once finalised, we help submit your application. Yes, we will scout to multiple companies if there are complications

Need insurance answers now?

Call 1-888-601-9980 to speak to our licensed advisors right away, or book some time with them below.