Disability insurance

If you are unable to work, disability insurance can provide you with a tax-free monthly income to cover your expenses if you are no longer able to work due to illness or injury.

Monthly income

Each month, the installments cover a portion of your paycheque.

Personalized plan

Tailor your diet to your personal needs.

Guaranteed rates

Until age 65, your coverage has guaranteed rates.

What is disability insurance?

Disability insurance helps you replace your income and cover your expenses, in the event of illness or injury preventing you from working. The payment is monthly and tax-free.


Mental illness or chronic pain are also considered causes of disability, although they are not visible to the naked eye.

How does disability insurance work?

Why do I need disability insurance?

How much will disability insurance cost me?

Although each case is different, the bonuses are mainly between 1% and 9% of your salary. A few factors can affect the cost of your policy: 

Amount of protection

The higher the amount you want to receive, the more expensive the protection will be.

Compensation period

The longer the benefit period, the more expensive the protection will be.

Waiting period

If you agree to wait longer to receive payments, your premium will be lower.


When you’re younger, disability insurance might cost you less.

Health status

The healthier you are, the less your insurance will cost.


Your premiums could be higher if you work in a dangerous profession.

How much income can I receive?

This table shows the maximum monthly benefit you could receive if you are disabled. The amounts are estimates, as the exact amount you would receive is calculated based on several personal factors, including your age and occupation.

Annual revenue Maximum monthly benefit
$ 35,000
$ 2,200
$ 50,000
$ 2,975
$ 100,000
$ 5,200
$ 120,000
$ 5,925
$ 140,000
$ 6,625
$ 200,000
$ 8,550
$ 300,000
$ 11,350
$ 500,000
$ 16,050
$ 1,000,000
$ 25,000

What protection does the government offer me?

You can get disability insurance through the Canada Pension Plan (CPP) and the Quebec Pension Plan (QPP). However, the benefits granted are limited.

Restricted eligibility conditions


In order to be eligible for CPP disability benefits, you must ” be suffering from a severe and prolonged physical or mental incapacity “.  

Lower monthly benefits


On average, the monthly CPP benefit is $966.43, while the maximum coverage is $1,362.30 (2019). 

If I already have coverage from my employer, do I need disability insurance?

Generally, the group insurance offered by an employer only offers basic protection.

An individual insurance policy is complementary to group insurance. In case of misfortune, they protect you, your family and your way of life.


Collective insurance Individual insurance

Coverage amount

The amount of protection is often limited.

You have the choice of the amount of protection.

Protection options

The employer often chooses the protection options.

You have the choice of the amount of protection and the duration for which you need it.

Modification of protection

Generally, you can change your coverage once a year or when a major event occurs in your life.

Yes, you can change your coverage if needed.

Employment and protection

If you leave your job, your coverage ends, unless you have the option of converting your group insurance to individual insurance.

Your protection remains the same, as it is not linked to a job or an organization.

Insurance cost

The cost is usually low and can change every year.

The cost is generally higher than group insurance. However, the cost remains the same for the duration of your policy.

Have any question about your finances?

Our team can answer all your questions, understand your situation and help you build a plan