Canada Life | Disability Insurance

By: Crown Life  09-12-2011
Keywords: financial advisor, Disability Insurance

Disability insurance can provide you with financial security by replacing a portion of your earnings when an accident or illness causes you to become disabled and unable to work or earn an income.

Accidents and illnesses are a fact of life. They could happen to anyone at any time. Did you know that

  • 1 in 3 people, on average, will be disabled for 90 days or longer at least once before age 65.
  • The average length of a disability that lasts over 90 days is 2.9 years.

Both personal and business disability insurance solutions are available that offer flexibility and features to help bridge the gap between income and expenses during a disability.

Whether you’re a professional, business owner, executive or employee, your financial advisor can tailor a plan to help meet your needs.

As a business owner, you want to protect both your independence and profitability. We offer several types of insurance for business owners to reimburse certain business expenses, fund a buy-sell agreement or help hire a replacement for a disabled employee.

Keywords: Disability Insurance, financial advisor

Other products and services from Crown Life


Canada Life | Real Estate Fund Update

You can purchase units of the Fund or request a switch or withdrawal of the value of your Real Estate Fund units at any time. If you want to change the payment amount or the fundthat your payments are taken from, please contact your advisor. The Canada Life Real Estate Fund remains invested in 114 high-quality commercial properties that generate stable.


Canada Life | Retirement & Investment Products

Guaranteed interest terms offer a fixed-interest rate for the term you select and add a level of guarantee and stability for your financial plans. Through all the stages of your life you should have one-stop access to all the investment solutions you need. To help you achieve your savings goals, we offer several types of savings options with many features.


Canada Life | Creditor Insurance

Learn about what creditor insurance underwritten by Canada Life can offer your customers. We work with many of the leading financial institutions in Canada. Canada Life underwrites several types of creditor insurance. We are Canada’s leading provider of creditor insurance. Coverage and benefits available vary by lender.


Canada Life | Life Insurance

A proper financial plan can mean the difference between leaving your loved ones well-positioned financially and leaving them to cope with debts and an inadequate income. Supplement your retirement income or provide for long-term care or home care for yourself or a family member. There are two types of permanent life insurance—participating life insurance and universal life insurance.


Canada Life | Critical Illness Insurance

That’s where the critical illness benefit comes in—you are free to spend the money as you wish—such as to help cover lost income, to pay for private nursing or out-of-country treatment, for medical equipment or even to pay off your mortgage. Critical illness insurance is a form of protection that can provide you with a lump sum payment if you suffer from a covered critical illness and the survival period is satisfied.


Canada Life | Products

Creditor insurance coverage is offered through various creditors or lenders and is underwritten by The Canada Life Assurance Company—products offered vary by lender. Life insurance can help ensure your family is well-positioned financially and that your wishes are carried out when you die. We can help you overcome the financial burdens often associated with a critical illness or condition.