Disability Insurance
Coverage that works when you can’t.
The financial stress of a sudden illness or unexpected injury can be overwhelming, adding to the burden of recovery. This insurance helps cover your expenses and maintain financial security if you’re unable to earn a living, short or long term.
Your guide to disability insurance.
Life can take unexpected turns. An illness or injury can strike at any time, leaving you unable to work and facing a mountain of bills. Disability insurance is a safety net that protects your income and gives you peace of mind in such situations.
Why would someone need coverage:
- Accident
- Serious illness
- Musculoskeletal disorders
- Mental Health conditions
- Pregnancy complications
- Vision or hearing loss
- Work-related injuries
- Degenerative diseases
Coverage across Canada.
Get disability insurance by phone or in person at your nearest location.
Common disability coverage options.
Explore some common disability insurance options to help you find the coverage that best suits your needs and protects your financial well-being.
Illness Coverage
This offers financial coverage for when a serious illness like cancer, heart disease, or chronic illness prevents you from earning a living.
Injury Coverage
This offers financial assistance if you suffer an unforeseen injury that prevents you from working and meeting your financial commitments, such as a broken bone or accident at work.
Return to Work Assistance
This provides easy access to helpful tools, such as training, rehabilitation or financial planning, for a seamless return to work following a covered sickness or accident.
Family Compassionate Care
This offers monthly financial support plus assistance for when you need to take time off work to care for a spouse or child who is gravely ill or injured.
Why choose Acera Insurance for disability insurance?
Our team is here to ensure you get the best coverage for your needs.
Expert Guidance
Disability insurance is a complex product and our highly experienced advisors will take the guesswork out of purchasing a policy.
Ultimate Choice
As one of Canada’s largest independent brokerages, we work with a large number of insurance companies, giving you plenty of choices for your coverage.
Claims Support
Our in-house claims team is here to help you every step of the way and advocate on your behalf to expedite your claim as quickly and efficiently as possible.
Helpful tips from our advisors.
Our advisors are here to help answer any questions you may have about disability insurance so you can focus on your care and recovery.
Answering your most common questions.
Is the Canadian government-provided disability coverage enough to take care of me?
The Canada Pension Plan (CPP) and Quebec Pension Plan (QPP) do offer some disability coverage. But these plans have considerable benefit limitations so you should consider additional coverage options to ensure you and your family are taken care of.
I have a disability policy through work. Do I need another policy?
Depending on what your employer offers, you may not need extra coverage. Make sure you take a close look at their policy and decide from there. There is also the issue of employer plans ending when your employment with them ends. If you have your own separate disability insurance policy, you won’t have any interruptions if you leave your job.
How much does disability insurance cost?
It depends on your coverage and your needs but you can probably expect premiums of about 2-5% of your salary. Some factors that can affect cost include:
- Benefit period
- Waiting period
- Coverage amount
- Age
- Health
- Occupation
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