Income Generation

• Disability Income
• Insured Annuity
• Insured Retirement
• Long Term Care

Estate & Insurance Services

Disability Income
Car insurance, fire insurance and home insurance are considered essential. How comfortable would you be living in a home without fire insurance? For most people, however, their greatest asset is not their home or car, but their ability to earn an income.

If we insure our assets, then doesn't it make sense to insure the source of our assets? Did you know that the chance of your home burning down is much lower than your chance of becoming disabled? Disability income insurance is designed to replace a portion of your income in the event you become disabled due to accident or sickness.

Consider this: if your current gross (pre-tax) income is $5,000 per month you will earn over $4 million between now and age 65*. Your earning power is extremely valuable. What are your chances of you being disabled? Take a look at the table below which indicates the probability of disability and its duration.

For more information, contact an Investment Advisor at a BMO Nesbitt Burns branch near you who will be pleased to introduce you to an Estate and Insurance Advisor.

If you would like a BMO Nesbitt Burns Investment Advisor to contact you, simply complete this brief contact form.

Note: All insurance products are offered through BMO Nesbitt Burns Financial Services Inc. by licensed life insurance agents, and, in Quebec, by financial security advisors.