WEALTH MANAGEMENT
RESOURCE
DISABILITY INSURANCE
Who benefits the most from Disability Insurance?
Are you a self-employed individual or a contractor?
You may be aware that as such, you are not contributing towards the Workers Compensation Board (WCB) or Employment Insurance (EI). This raises the question of what resources you have in place to support yourself in the event of a disability. How would you continue to cover your daily living expenses, bills, loans, and mortgages?
While life insurance is commonly known to protect loved ones after death, it is equally important to consider protection for your family while you are alive. Relying on your retirement savings or lines of credit may not be the most ideal solution.
What is Disability Insurance?
In Canada, disability insurance is a type of insurance coverage that provides financial protection to individuals who are unable to work due to a disability or illness. It is designed to replace a portion of the individual’s income if they become disabled and are unable to earn a living.
Disability insurance in Canada is typically offered through group plans provided by employers or through individual policies purchased by individuals. The coverage varies depending on the specific policy, but it generally provides a monthly benefit to the insured individual if they are unable to work due to a covered disability.

A Guide to Registered Education Savings Plans (RESPs) for Parents and Grandparents
WEALTH MANAGEMENT RESOURCEA Guide to Registered Education Savings Plans (RESPs) for Parents and Grandparents Investing in your child or grandchild’s future is one of the most meaningful gifts you can give. A Registered Education Savings Plan (RESP) is a tax-advantaged...

Understanding the Carbon Tax Credit in Saskatchewan
NEWS Understanding the Carbon Tax Credit in Saskatchewan: What You Need to Know for 2024 and BeyondThe Canada Carbon Rebate (CCR)—previously known as the Climate Action Incentive (CAI)—has provided financial relief to individuals and families impacted by federal...

Protect Your Farm: The Strategic Advantage of AgriStability and Livestock Insurance During Economic Uncertainty
NEWS Protect Your Farm: The Strategic Advantage of AgriStability and Livestock Insurance During Economic Uncertainty The agricultural sector is no stranger to challenges, and recent global trends remind us how vital it is to prepare for unforeseen circumstances. A...