Why you should take out disability insurance

Did you know that even a minor accident - like a fracture, cut or other mishap - could have a significant impact on your financial health? These kinds of accidents are frequent and could very well happen to us. 

If you work for a company full-time, you are generally eligible for employment insurance. Moreover, your group insurance usually includes disability coverage. However, you would be responsible for the additional costs related to accidents that are not covered by your group insurance plan.

If you are self-employed, you are not eligible for employment insurance and don't have access to group insurance. Disability insurance enables you to meet your financial obligations without jeopardizing your financial situation.

Some statistics

Only 38% of the Canadian population has a group insurance plan, and provincial health insurance plans generally provide limited coverage.

• It's a fact, many accident-related expenses (e.g.: ortheses, wheelchairs, physiotherapy) are not covered, or are only partially covered, by provincial health care plans or even employers' group insurance plans.

Financial security advisor

A Desjardins Financial Security advisor¹ can help you to better understand the features of your insurance coverage. Among other things, he will make sure that you have enough insurance to compensate for a loss of income as well as cover additional expenses following an accident, critical illness or disability.

	By e-mail	Write us
	By phone	1-866-838-7661
	At the caisse	Make an appointment with a financial security advisor at a caisse.

1. Life and health insurance agent in Ontario. Financial security advisors are employees of Desjardins Financial Security, Financial Services Firm.