Personal Accident Disability Insurance
At any time, an accident or illness could prevent you from doing the things you do day to day for months or even years. If you were unable to go to work tomorrow, how would you maintain your standard of living? If you are a self-employed business owner, how would you pay the ongoing expenses related to your business?
Personal Accident Disability plans provide you with monthly payments to fund expenses or replace your income if you become disabled as a result of an accident. These plans are generally guaranteed renewable to age 65, 70 or 90 depending on the plan selected. There are often additional benefits available such as Accidental Death Insurance, hospitalization benefits as a result of an accident and ambulance benefits for accidental injuries.