Disability insurance
ARE YOU AN EMPLOYER LOOKING FOR
EMPLOYEE DISABILITY PACKAGES?
Many employers want to provide their employees with financial protection in case of illness or injury, but navigating disability coverage can be complex. Shelter Bay Financial Corp., based in British Columbia and serving businesses across BC, Alberta, Saskatchewan, Manitoba, and Ontario, helps employers design long- and short-term disability plans that fit their team’s needs and budget. We work with trusted Canadian insurers to present clear options and guide you through every step, so your employees can have coverage in place quickly and confidently.
What is
Disability Insurance?
Disability insurance coverage is essentially the protection of your paycheque if you were ever unable to work due to an accident, illness or injury. While it would be nice to save every penny we make and never have to ensure hardship, oftentimes we are forced to deal with difficulties when we least expect it. It is important to manage your financial risk for a potential disability, whether it is long-term or short-term.
In Canada, disability insurance can help provide income protection, which will allow individuals to cover the cost of their living expenses without dipping into their retirement savings. When a return to work is unknown, you’ll be especially thankful for access to disability benefits. Allow our professionals to help get you started by contacting us today.
Protect Your Employees When They Can’t Work
Disability Coverages
Personal Long-Term Disability Insurance
Income replacement when an employee becomes sick or injured and can no longer work. For example, it could take several years to recover from an accident or head trauma—in some cases, a full recovery is not possible. Long-term disability payments replace a portion of the employee’s income when their disability prevents them from returning to work.
Short-Term Disability Insurance
STD benefits provide a weekly short-term payout to help replace income when the employee cannot work due to a short-term disability. This benefit is more commonly added for higher earning employees as Canadians already pay for short term disability through their EI deductions.
BOOK A CALL
WITH OUR AGENTS TODAY
Give your employees the peace of mind they deserve with tailored long- and short-term disability coverage. Contact Shelter Bay to explore your options and get a quote.
OTHER EMPLOYEE COVERAGE OPTIONS
We also help Canadian employers find the best Health & Dental Benefits, Life Insurance, Employee Assistance Programs, Critical Illness Insurance, Accidental Death & Dismemberment, and Group Retirement Plans for their employees. We’ll help you find the right plan with the right budget from the right company for you. We are based in B.C., and currently serve the provinces of British Columbia, Alberta, Saskatchewan, Manitoba, and Ontario.