We never know when injury or illness will strike in our lives. It takes only a moment for your health to be taken away and with that, your ability to earn an income. Investments and RRSPs meant to support your retirement can quickly deplete in just a short time off work. What happens if your accident or sickness leaves you off for many months, a few years, or for the rest of your life? The financial strain on your family members can be detrimental to their health and your relationships while you fight to regain your own health. How will your kids feel watching the life they knew incrementally disappear due to an accident or injury causing financial stress to the household? Liquidating hard earned assets at a fraction of their true value simply to pay the bills is damaging financially and mentally.
There are multiple types of disability insurance and understanding the differences allows for careful consideration when tailoring your protection to best suit your specific needs. What is included in disability policies varies depending on the company providing the coverage and the combination of policies that you carry. Allow us to assist you in becoming an expert on the combination of disability options that best suit you and your family’s needs.
Important Features
Disability Lifetime Accident & Sickness Benefits
Our Lifetime Accident and Sickness program offers qualified policy holders a guaranteed income from the first day you see your doctor for a covered accident or sickness, for up to the rest of your life if necessary. Your benefits will pay in full, regardless of any other benefits you may receive from other sources.
You will sleep soundly knowing that you will always be able to financially provide for yourself and your family and can focus on your health, rather than your finances, when injury or illness strikes.
Monthly benefits up to
$5,000
| Level of Protection: | From $600 to $5,000 |
| Elimination Period: | From 0 days to 180 days |
| Accidental Death, Dismemberment or Loss of Sight: | Up to $25,000 |
| Guaranteed Renewable: | To age 65; After age 65, the Rider is guaranteed renewable for as long as you continue working full time in an approved occupation |
| Fixed Benefit (even if your income has fluctuated when you make a claim): | Yes |
Disability 5-Year Accident & 2-Year Sickness Benefits
Protect yourself from both accident and sickness with one comprehensive program. Our Accident and Sickness program offers qualified policy holders a guaranteed income from the first day you see your doctor for a covered accident for up to 5 full years per accident and 2 years per covered sickness.
Your benefits will pay in full, regardless of any other benefits you may receive, allowing you the financial relief to focus on your health rather than your finances. Tailor-made for higher risk occupations and age groups protecting against both injury and illness, with a guaranteed monthly income paid directly to you to use as you see fit.
Monthly benefits up to
$5,000
| Level of Protection: | From $600 to $5,000 |
| Elimination Period: | From 0 days to 180 days |
| Accidental Death: | Up to $10,000 |
| Dismemberment or Loss of Sight: | Up to $5,000 |
| Guaranteed Renewable: | To age 65; After age 65, the Rider is guaranteed renewable for as long as you continue working full time in an approved occupation |
| Fixed Benefit (even if your income has fluctuated when you make a claim): | Yes |
Hospital & Disability Accident Benefits
Protect yourself against any short term injuries with the Hospitalization and Accident policy. Providing you qualify, secure yourself a full 6 months of benefits per covered accident that provides a guaranteed, tax-free income so you can focus on your health rather than the stress of your finances.
Included, if you qualify, is the Lifetime Hospital Benefit that pays in addition to your regular disability benefits, from the first day you’re confined in a hospital, up to the rest of your life if necessary. Also included, if you qualify, is a working benefit that pays you half of your full total disability benefits for up to three full months for any injury that slows you down, while you’re still able to perform some of your regular duties.
Monthly benefits up to
$5,000
| Level of Protection: | From $100 to $5,000 |
| Accidental Death: | Up to $100,000 |
| Hospitalization Benefits: | Lifetime |
| Guaranteed Renewable: | For life |
| Fixed Benefit (even if your income has fluctuated when you make a claim): |
Yes |
Emergency Benefits
Suited for retirees, newer businesses, students, and those working within the home, this program provides a guaranteed monthly income from the first day you see your doctor, for up to a full six months for any covered accident. This allows you the time to heal and rest while having a regular income to rely on. Also included is a 3-month partial disability benefit that pays half of your full total disability benefits if you are working with an injury.
Included, if you qualify, are the Safe Driver Benefits offering additional benefits paid in the case of an injury sustained from a covered motor vehicle accident. When you are totally disabled from that motor vehicle accident, you will receive up to an additional $1,600 per month above your guaranteed monthly income. Additionally, an extra $12,000 will be paid each month you’re confined to a hospital from a covered motor vehicle injury, at the rate of $400 per day, for up to 60 days. These benefits are paid in addition to all other benefits included in the program. These Safe Driver Benefits are inflation-protected, meaning they will grow by 5% each year for 10 years to guard you against annual inflation. Additionally, it includes a lump sum payment of up to $160,000 in the case of suffering a permanent disability from a covered motor vehicle accident.
Monthly disability benefits up to
$5,000
| Level of Protection: | From $100 to $5,000 |
| Elimination Period: | 0 days |
| Safe Driver Benefits: | Up to $1,600 per month; up to 6 months; Paid to you every month you’re Totally Disabled because of a covered motor vehicle injury. Paid in addition to your All Accident Benefit. |
| Hospital Coverage: | Up to $12,000 per month; $400/day; up to 60 days |
| Death Lump Sum Payout: | $20,000 paid in one lump sum to your beneficiary in the event of your death, as a result of a covered motor vehicle injury, within 365 days of such injury. |
| Safe Driver Inflation Protection: | Yes. Eligible Safe Driver Benefits increase 5% per year for 10 years. At the end of 10 years, these benefits will have reached their maximum value of 150% of the original amount. |
| Permanent Total Disability: | Up to $160,000; Paid to you in the event of a covered motor vehicle injury; $20,000the first year with $20,000 increase every year you’ve renewed, up to a maximum of $160,000 |
| Guaranteed Renewable: | Up to 85 |
| Fixed Benefit (even if your income has fluctuated when you make a claim): | Yes |
General FAQs
How is this different from my health or life insurance policy?
Income protection or disability insurance ensures you have an ongoing monthly income to support the financial needs of you and your family when you suffer an illness or injury that affects your ability to earn your income.
Why do I need this?
Every North American is reliant on an income to provide themselves necessities like shelter, food, heat, hydro, clothing, etc. Losing your ability to earn an income due to an illness or injury leaves you vulnerable without the appropriate protection. 1 in 3 Canadians lose their ability to work at least 90 days (CLHIA)
How much is a policy?
Costs are determined based on a level that you select and qualify for. Contact us to speak with an Agent about your personal needs to provide you an accurate quote.
Who’s eligible?
We’ve designed our plans to help the self-employed and tradespeople. You’re eligible if you qualify for the plan.
What are the different types of disability insurance?
- Income replacement: Provides a monthly paycheque.
- Accident: Protects your income when there is an incident with external forces that causes you a disability.
- Sickness: Protects your income when an illness is produced over the course of time. This includes repetitive wear and tear as the condition is produced over time rather than from an injury as outlined above.
- Dismemberment: A lump-sum payout in the case of a dismemberment.
- Hospitalization: Pays out when you are confined to a hospital.
Does the company recognize chiropractors?
Yes. As long as they are licensed, they can sign your claim form just the same as licensed medical doctors.
When am I protected?
Our Accident plans protect you 24 hours per day, every day, on or off the job. Our Sickness plans protect you whenever you fall ill. Our Safe Drivers Plan protects you whenever you’re in a car, bus, or truck, as a passenger or driver.
How do I make a claim?
Visit your doctor and then call the Accident & Sickness Department at 1-888-392-3857.
Key Benefits
- •Choose your own physician or chiropractor for medical attention
- •No benefit limits for soft tissue injuries or back injuries or sprains/strains
- •Empire Life Pays your Full Benefit Regardless of any other Benefits You Receive
- •No taxes withheld
- •Benefits paid directly to you
- •Available to qualified applicants only
Brochures
- Disability Lifetime Accident Benefits
Document size: 830kb - Hospital & Disability Accident Benefits
Document size: 804kb - Disability 5 Year Accident Benefits
Document size: 653kb - Safe Driver Plan
Document size: 725kb
