Disability Insurance
Your income is your most valuable financial asset. Protect it.
“Your income is your most valuable financial asset.”
“Your health is really your wealth.”
Are You Protected If You Can't Work?
Not many of us expect to be affected by a disability, yet disabilities are a very real possibility — and can be financially devastating. Accidents happen when least expected. An injury or illness can affect your ability to earn an income and meet your daily expenses.
The Goose Analogy
Starting in this business in 1991, Stephen was asked a simple question: if you had a goose that laid golden eggs, would you insure the goose or the eggs? Most people would agree — insure the goose. Your ability to earn income is that goose. Is it protected?
Individual Disability Insurance
We offer individual, non-cancellable disability insurance from companies with flexible features to bridge the gap between income and expenses during a disability. We will help you calculate how much monthly coverage you need through a simple needs analysis based on your individual situation.
The disability policy pays you a tax-free sum each month you are disabled — a portion of your income — until you are able to work again or, in severe cases, until age 65.
What is your income replacement ratio?
Divide your annual tax-free disability benefits by your annual gross salary, then multiply by 100. We can take the guesswork out of how much coverage you should consider.
Don't Assume Your Current Coverage Is Enough
Most Canadians don't realize how little their existing coverage actually replaces. Most group long-term disability plans replace only 60–70% of your normal income, and government programs are not designed to fully replace it either — the maximum Canada Pension Plan disability benefit is just $1,741.20/month in 2026, with most recipients receiving closer to $1,211/month. If you are disabled, where will the rest come from? Your RRSP and savings? Loans? Family? Let us help you fill the gap.
Group benefits, CPP disability, and association plans often replace far less than you'd expect. An independent review with Stephen can help you understand exactly where your coverage stands — and where the gaps are.
Sources: Financial Consumer Agency of Canada, Government of Canada — CPP disability benefit amounts
Stephen Parsons
Independent Broker
Ready to Get Started?
Book a free, no-obligation consultation with Stephen. No pressure — just honest, expert advice tailored to your situation.
- 100% free, no obligation
- Independent, unbiased advice
- Available by phone or in person
Independent broker — we work for you, not the insurance companies. Operating since September 1, 1991.
Let's Find the Right Coverage for You
No pressure. No scripts. Just an honest conversation about your needs and the options available to you — completely free of charge.
