It only takes a second ... to see the need for disability insurance   

Accidents and illness are a part of life. They can happen to anyone at anytime.

Did you know…..

Your chance of becoming disabled for 90 days or longer, at least once before age 65,is 1 in 3.*

The average length of a disability that lasts over 90 days is 2.9 years.

Have you under estimated your ability to generate an income?  It is one of your greatest assets!

Is your future income worth protecting?

Assuming a 2% raise each year, these are your potential earnings
up to age 65.

At age

2000

3000

4000

5000

7000

10000

15000

25

1,449,648

2,174,471

 

2,899,295

 

3,624,119

 

5,073,767

7,248,238

10,872,357

30

1,199,867

 

1,799,801

 

2,399,735

 

2,999,669

 

4,199,563

5,999,337

8,999,006

35

973,634

 

1,460,451

 

1,947,268

 

2,434,085

 

3,407,719

4,868,170

7,303,254

40

768,727

 

1,153,091

 

1,537,454

 

1,921,818

2,690,545

 

3,843,636

5,765,454

45

583,137

 

874,705

 

1,166,274

 

1,457,842

2,040,979

2,915,684

4,373,527

50

415,042

 

622,563

 

830,084

 

1,037,605

1,452,647

2,075,210

3,112,815

 

 

Can you afford to play these odds? If a disability struck tomorrow, would you be covered?

Why gamble on your ability to earn an income, when you can help protect it with disability insurance?

Contact Ronsurance to help you determine which products best suites you personal needs !

BACK TO TOP

 

*Table. Sources: 1985 Commissioner's Disability Table A (Experience Table) & CIA 86-92 Aggregate Mortality

 

Critical Illness

  

What is a critical illness insurance ?

Upon diagnosis of heart attack, life threatening cancer and stroke a predetermined lump-sum tax free benefit is paid to the insured upon a survival period of 31 days.  What you do with it is up to you!

 

Why is it important?

Surviving a critical illness or condition - such as heart attack, cancer or stroke - can turn your life upside down. It can affect you physically, emotionally and financially.

 BACK TO TOP

What are the chances you'll suffer a critical illness?

 

Suffering a critical illness or condition is more likely than you think.

 

·        1 in 2 men and 1 in 3 women are predicted to develop heart disease in their lifetime

·        40,000 to 50,000 Canadians suffer a stroke each year

·        during their lifetime:

·        1 in 2.5 men and 1 in 2.8 women living in Canada
will develop cancer

·         1 in 9.5 women will develop breast cancer

·         1 in 11 men and 1 in 20 women will develop lung cancer

·        132,100 new cancer cases were estimated to occur in Canada in 2000

·        an estimated 50,000 Canadians, twice as many women as men, have Multiple Sclerosis

 

Surviving a critical illness or condition is also more likely than you may think.

 

·        85% of hospitalized heart attack patients survive - the percentage is higher for those with their first heart attack, and lower for those with recurrent heart attacks

·         75% of stroke patients survive the initial event

 

 BACK TO TOP

 

Could you afford these expenses?

 

A critical illness or condition can stretch anyone's resources.  Could you afford to:

·        modify your home

·        purchase a wheelchair or other specialized equipment

·        hire a nurse, housekeeper or child care provider

·        seek timely or non-insured treatment outside Canada

·        pay outstanding loans or mortgages

·        replace a key employee

·        hire additional staff

 

How much do additional treatment, services and equipment cost?

How will you cover these expenses?

·        Health insurance 

·        Savings & RRSPs

·        Loan

·        Critical Illness insurance - provides additional financial resources to help pay for additional personal, family or business expenses which often accompany a critical illness or condition.

 

 

Ronsurance can help you design a flexible critical illness insurance, suited to your own personal need!

 BACK TO TOP

Sources : Heart and Stroke Foundation, 2001/Multiple Sclerosis Society of Canada, 2001/National Cancer Institute of Canada/ Canadian Cancer Statistics 2000, Toronto Canada 2000

 

 

© Copyright Ronsurance Inc.