Life is full of the unexpected. Preserve your income and prepare for the care you may need in the future with insurance designed to offer financial protection when you need it most. Let PIB find the right coverage for you, so you and your family can focus on recovery and quality of life, without compromising your financial security.
Disability And Long-Term Care Insurance Solutions
Disability Insurance
Most people underestimate the risk of disability. The Canadian Life and Health Insurance Association estimates that about 1 of 3 working Canadians will experience a disability lasting longer than 90 days at some point in their career. Whether caused by accidents or injuries on the job or debilitating illnesses such as cancer or a heart attack, Disability Insurance can reimburse some of the income you lose while recovering from illnesses and injuries.
Long-Term Care Insurance
Long-Term Care Insurance helps cover costs associated with care requirements — whether in a facility or in a home-care setting. These services are often not fully covered by provincial health care programs, and Long-term Care Insurance can help with the expense gap.
Long-Term Care Insurance may be right for you if you:
- Want to stay in your own home for as long as possible if health changes make ongoing care assistance necessary
- Worry your savings might not last for your lifetime should you need to cover the costs of additional care as you age
- Prefer the financial freedom to choose the type and level of care that’s right for you if you suffer a debilitating illness or accident, or need substantial care as you age
- Want to prevent your savings from being eroded by care costs
PIB can help ensure you protect your income now, and your lifestyle later in life, no matter what comes your way.
You live your life — we’ll help you protect it
Together, we’ll create a plan that fits your needs — so you can focus on the things that matter.
FAQs
Do I need Disability Insurance?
If you rely on your paycheque to cover mortgage, bills, groceries or other living expenses, then Disability Insurance can help protect your income and not worry about money.
Who needs Long-Term Care Insurance?
If you value choice and independence and want to prepare for the possibility of needing help with daily activities later in life, Long-Term Care Insurance helps you age on your terms.
What qualifies as Long-Term Disability?
Policies can vary, but Long-Term Disability typically covers your needs when you are medically unable to work beyond a short-term disability period which can be three or six months.
The Power of 6
We offer a unique comprehensive suite of insurance and wealth solutions rarely found within one team. From personal to business, protection to planning, we cover every financial need with expert care and insight.