Greater Coverage for the Same Income
Transcription
Greater Coverage for the Same Income
SOGEMEC ASSURANCES By Yves Martel WEALTH MANAGEMENT CONSULTANT Your Disability Insurance Greater Coverage for the Same Income The fundamental principle underlying the concept of disability insurance is the need, should disability occur, to replace the earned income previously relied on. insurance market. In fact, the association group plan provides medical specialists with 100% coverage of their net income.1 However, when disability insurance is taken out, the insurer determines the insurable earned income based on current earnings. This restricts the amount of possible benefits to preset maximums. It is therefore important to check the maximum benefit payable by the insurer because, in some cases, the ceiling is two-thirds of income. Imagine the disabled person’s surprise at being deprived of one-third of their income at a time when they have to pay additional costs required for their recovery, such as paratransit facilities or physiotherapy! Get the information you need, ask the right questions and, above all, consult experts who can provide a disability insurance plan designed just for you, your particular circumstances and your current income. That’s the best way to protect yourself against nasty surprises! Unlike many other disability insurance plans, the Sogemec Assurance association group plan offers medical specialists a higher maximum benefit than that found on the individual POUR TOUS VOS BESOINS D’ASSURANCES Consult the wealth management experts at Sogemec Assurances. 1 Certain conditions apply. Contact Sogemec Assurances for more information. Grâce au SERVICE PRÉFÉRENCE SOGEMEC ASSURANCES ÉVOLUE AVEC VOUS Avec le SERVICE PRÉFÉRENCE de Sogemec Assurances, toutes vos assurances sont pensées en fonction de votre style de vie et de vos besoins. POUR EN SAVOIR PLUS : 1 800 361-5303 / 514 350-5070 / 418 658-4244 Par courriel ou Internet : [email protected] / www.sogemec.qc.ca SOGEMEC ASSURANCES filiale de la LE SPÉCIALISTE VOL. 12 NO. 4 DECEMBER 2010 35