Disability Income Protection Insurance
Disabilitydisability pay Income Protection Insurance
fromdisability pay http://www.lifehealthinsurance.ca
Disability income protection insurancedisability pay is designed to protect your employment income, by providing a monthly disability paybenefit when disability restricts your ability to work.
Each income protection plan is different. You can choose an accidentdisability pay-only plan or a plan that insures against a disability caused by either an accident or a sicknessdisability pay.
You can also choose your "disability paycommencement date". In choosing a commencement date, you'll need to decide how longdisability pay you can live on your own resources during a disability before benefits start. The later the commencement date,disability pay the lower your premium.
Depending on the disability payplan you choose, you could be provided with income after you are disabled for 30, 60, 90, 120, 180 days ordisability pay even a year or two years after the start of a disability.
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