SOLO^TM Disability Insurance

Insure your most valuable asset: your earning power!

Interested in some of the best, most flexible benefits on the market, all at a reasonable price? The SOLO™ Disability Insurance line is sure to include a product that's right for you!

Are these coverages right for you?

SOLO Disability Insurance products are right for you if you want to be able to meet your obligations in the event of disability.

Features

First $1,200 of monthly benefits guaranteed for the first 36 months of disability, so they aren't reduced by benefits you receive from the government or other insurance companie
Critical illness coverage that pays 5 times the monthly benefit if you're been diagnosed with one of the 25 covered illnesse
RRSP benefit of 5% of the monthly benefit paid on top of your benefit as of the 13th month of benefit payment
Death benefit of 5 times the monthly benefit payable to your beneficiary if you die while receiving a disability benefit
Benefit paid as of the first day in the event of hospitalization or day surgery you don't need to satisfy the waiting period in these situations

SOLO's got 5 disability insurance solutions to meet your needs:

SOLO Disability Income: replaces your income if you're no longer able to work because of a health problem
SOLO Business Expense: helps cover your overhead in the event of an illness or accident
SOLO Living Expenses: provides a monthly benefit to help you cover your everyday expenses
SOLO Accident Disability Income: replaces your income if you've got to take time off work because of an accident
SOLO Healthcare: covers Medical and Paramedical services, vision care, travel insurance, prescription drugs, dental benefit and hospitalization

How can I get this insurance?

Talk to a Desjardins Financial Security independent advisor with SFL Partner of Desjardins Financial Security who will assess your financial needs today and help you ensure your financial security.

Call 1-866-838-7553 or fill out the online form

FAQ

How's the premium calculated?

The premium is level for the period selected (10 years or to age 65). It's based on the SOLO coverage amount you've selected and:

Your job category
Your age
Your sex
Whether you're a smoker or non-smoker
Your general state of health

Even if your line of work is generally considered uninsurable or you're unemployed, we've got solutions for you!

Which option is right for me?
- A disability needs assessment will help you determine how much money you'd need if you became disabled as a result of an illness or accident. The proposed solution will be in line with your budget.
Am I eligible?
- If you're between the ages of 18 and 60 (for the level premiums to age 65 option) or between the ages of 18 and 50 (for the level premiums for 10 years option), you're eligible for these coverages.
How much insurance can I take out?
- You can get from $400 to $10,000 in monthly disability benefits with these types of coverage. The monthly benefit amount is based on your insurable earnings and your line of work.

Is this coverage for while I'm living?

Yes, absolutely! Can use your benefits to get healthy again in the event of a critical illness or a disability without having to worry about your finances. And if your critical illness or disability lasts for more than a year, you could be entitled to additional amounts. You can also add options, such as the Return of Premium option where you get back 50% of the premiums you've paid. Think of it as a nice little bonus to help your retirement plans along!

Can I make changes to my policy later on? Will I be penalized?
- Your SOLO coverage amount can be adjusted based on your changing coverage needs and budget. Fees apply if you want to increase your monthly benefit amount (subject to certain medical considerations).