1-888-978-6522

    Protect Your Income and
    Your Lifestyle-If You Can't Work

    Disability insurance from Punjab Insurance ensures you have a steady income if injury or illness keeps you from working. Safeguard your financial security and maintain your standard of living, no matter what life brings.

    Disabiity Insurance

    What Is Disability Insurance?

    Disability insurance (also called income protection insurance or loss of income benefit) provides you with a portion of your income if you become disabled and can't work due to illness or injury. It helps cover your bills, mortgage, and daily expenses while you recover.

    • Replaces lost income if you're unable to work
    • Covers both short-term and long-term disabilities
    • Flexible coverage amounts and benefit periods
    • Peace of mind for you and your family

    Free Quote Online for Disability Insurance Canada

    Get Quote

    Types of Disability Insurance Plans

    Non-Cancellable
    Non-Cancellable

    Can't be cancelled by the insurer or have premiums increased-most stable option

    Guaranteed Renewable
    Guaranteed Renewable

    Can't be cancelled, but premiums can be increased on a class basis (by occupation, province, or plan type)

    Conditionally Renewable
    Conditionally Renewable

    Premiums can be adjusted and policy cancelled on a class basis; easier to qualify for

    How Does Disability Insurance Work?

    Choose your coverage
    Choose your coverage

    Select the benefit amount (usually a percentage of your gross income) and how long benefits will be paid.

    Elimination Period
    Elimination Period

    Decide how long you wait before benefits begin (e.g., 30, 60, 90 days).

    Benefit Period
    Benefit Period

    Choose how long benefits last (e.g., 2 years, 5 years, or up to age 65).

    Receive payments
    Receive payments

    If you're unable to work due to a covered disability, you'll receive regular payments to replace lost income.

    Why Do You Need Disability Insurance?

    • The risk of becoming disabled during your working years is higher than most people think
    • Your income supports your entire lifestyle-protecting it is essential
    • Without coverage, even a short-term disability could lead to financial hardship

    Who Should Consider Disability Insurance?

    • Self-employed professionals
    • Small business owners
    • Contractors and freelancers
    • Employees with or without group benefits
    • Anyone who relies on their income to support themselves or their family

    Why Choose Punjab Insurance?

    Access to Canada's top insurer
    Access to Canada's top insurers and competitive quotes
    Expert advisors
    Expert advisors to help you compare options and choose the right coverage
    Transparent advice
    Transparent advice on the pros and cons of each option

    FREQUENTLY ASKED QUESTIONS

    Frequently Asked Questions about
    Disability Insurance

    How much of my income can I protect?
    Most plans cover 60-85% of your gross income, subject to policy limits.
    What's the difference between elimination and benefit periods?
    Elimination period is the wait before benefits start; benefit period is how long payments last.
    How do I get started?
    Get a free quote or schedule a call with a licensed Punjab Insurance advisor for personalized help.
    View all Faq's

    GOOGLE REVIEWS

    Why Families & Businesses Choose Punjab Insurance

    View all Google Reviews
    Safeguard your income if illness or injury stops you from working. Disability insurance provides dependable monthly support, helping you cover essential expenses and protect your family's financial stability while you focus on recovery.
    Disclaimer: Information on this page is for general guidance only and not a substitute for professional advice. Please consult a licensed Punjab Insurance advisor for personalized recommendations.