Keep Life Moving Even When You Can’t Work
An injury or illness could stop you from working, but it shouldn’t stop your income.
Disability Insurance replaces a portion of your monthly income, helping you stay financially secure while you focus on recovery, if you’re unable to work due to:
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Injury (on or off the job)
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Illness (physical or mental health)
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Pregnancy complications or post-partum recovery
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Other covered conditions
You’ll receive a monthly, tax-free benefit that you can use for:
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Rent or mortgage payments
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Groceries, utilities, and bills
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Childcare or caregiving expenses
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Debt repayments
Why Disability Insurance is So Popular in Canada
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1 in 3 Canadians will experience a period of disability lasting longer than 90 days before age 65
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The average disability claim lasts over 2 years
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Most group benefit plans cover only a fraction of your income, and many Canadians have no private coverage
Is Disability Insurance right for you?
You may want to consider coverage if you are:
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Self-employed or a business owner without a group plan
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A professional or contractor who depends on their income
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The primary earner in your household
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Paying a mortgage or supporting dependents
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Relying on savings or would face hardship if your income stopped for 3–6 months
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Get your answers
Short-term disability typically covers you for up to 6 months after an illness or injury.
Long-term disability kicks in after that (usually after 90 or 120 days) and can last for years — sometimes until retirement.
Most plans replace 60–85% of your income, tax-free.
No, most claims come from illness, not accidents. Conditions like cancer, back injuries, mental health challenges, and heart disease are common causes of long-term disability, even for people in office or remote work roles.
Yes. If you don’t have access to group benefits through an employer, personal disability insurance is often the only safety net for your income.
Sometimes, it depends on your age, occupation, health, and the amount of coverage. Many providers offer simplified or non-medical options for modest benefit amounts.
No, workers’ compensation only covers work-related injuries or illnesses. Disability insurance protects your income from any covered illness or injury, regardless of where or how it happens, even at home.
Still Have Questions?
Disclaimer: The information contained in this article is provided for general informational purposes only and does not constitute financial, legal, tax, or investment advice. While we strive to ensure that the content is accurate and up to date, Safe Horizon Financial makes no guarantees regarding its applicability to your individual circumstances. Readers should consult qualified professionals (such as a licensed financial advisor, accountant, or lawyer) before making decisions based on the information presented. Safe Horizon Financial is not responsible for any actions taken or not taken as a result of this content.