Disability Insurance
Replaces a share of your monthly income if illness or injury stops you from working.
Your ability to earn is the asset every other plan rests on. A serious illness or injury is far more likely during your working years than death, yet income protection is the coverage most often skipped. Disability insurance replaces a portion of your earnings — commonly 60 to 70 percent — for as long as you cannot work.
The wording matters more than the price here. An "own occupation" definition pays if you cannot perform your own job; an "any occupation" definition only pays if you cannot perform any job you are suited to, and is far harder to claim on. We read those clauses with you before you sign.
Who this is for
- Self-employed people and contractors with no group coverage
- Professionals whose income depends on a specific skill or licence
- Employees whose group plan is capped well below their actual income
- Anyone whose household could not absorb several months without pay
What you get
Monthly benefit, tax-free
When you pay the premiums personally, the benefit arrives tax-free — so 60 percent of gross income often replaces most of your take-home pay.
Own-occupation definitions
Pays if you cannot perform the duties of your own profession, even if you could do other work. The single most important clause in the policy.
Waiting period you choose
A longer wait before benefits begin lowers the premium. We match it to how long your savings could realistically carry you.
Benefit periods to age 65
Choose two years, five years, or coverage right through to retirement for a genuinely long-term illness.
Non-cancellable contracts
The insurer cannot change your premium or cancel the policy as long as you pay, regardless of how your health changes.
Partial and residual benefits
Pays a proportionate benefit when you return part-time or at reduced earnings, rather than an all-or-nothing test.
Questions we get asked
EI sickness benefits are capped and run for a limited number of weeks. CPP disability requires a severe and prolonged disability and pays a modest amount. Neither approaches a professional income.
Group plans are often capped, frequently use the weaker "any occupation" definition after two years, are taxable when the employer pays the premium, and end when you leave the job.
Yes. Insurers will ask for proof of income, usually two years of tax returns, to establish the benefit amount.
Most individual policies cover them, though some limit the benefit period for mental health and substance-related claims. We flag those limits before you apply.
Get a disability quote
Tell us a little about who needs covering. We will compare the market and come back with two or three options worth considering, with the trade-offs spelled out.
- Advice and paperwork cost you nothing
- Available in English, Punjabi and Hindi
- Most quotes returned the same business day