Disability Insurance

Protect Your Income, Protect Your Lifestyle

Your income powers your lifestyle — your home, family, future plans, and peace of mind. But what would happen if an illness or injury suddenly prevented you from working?

Disability Insurance from Peace Insurance offers reliable income protection when you need it most, helping you maintain your financial stability while you recover.

Why You Need Disability Insurance

The risk of becoming disabled during your working years is higher than you may think. Whether it’s a short-term injury or a long-term illness, losing your ability to earn can have a serious impact on your financial well-being.

Disability Insurance ensures you continue to receive a monthly income — so you can:

  • Pay your bills and cover daily living expenses

  • Protect your savings and retirement plans

  • Avoid debt and stay financially independent

  • Focus on recovery, not money

What Disability Insurance Covers

Disability Insurance provides a monthly benefit if you are unable to work due to:

  • Physical injuries

  • Chronic or serious illnesses

  • Mental health conditions (depending on the policy)

Choose from various Elimination Periods (waiting time before payments begin) and Benefit Periods (how long payments continue), depending on your needs and budget.

Types of Disability Insurance Plans We Offer

  • Non-Cancellable (Non-Can)

    • Guaranteed premiums

    • Cannot be canceled by the insurer

    • Offers the highest level of stability

  • Guaranteed Renewable (GR)

    • Cannot be canceled, but premiums may increase by class (occupation, province, plan type)

    • Financially and medically underwritten

  • Conditionally Renewable (CR)

    • Easier to qualify for

    • Can be canceled or adjusted only on a class-wide basis

    • Standard exclusions and limitations apply