Disability Insurance Overview
Your ability to earn income is your most valuable financial asset. A 35-year-old professional earning $300,000 has over $7 million in future earnings at stake — disability insurance protects this asset. For Canadian professionals and business owners, understanding your disability options is essential to building a comprehensive protection strategy that integrates with your broader wealth management plan.
Whether you are a physician protecting practice income, a dentist funding a buy-sell agreement, or a professional engineer planning for retirement, the right disability strategy depends on your specific circumstances, obligations, and long-term financial goals.
Key Consideration
The best time to secure disability coverage is when you are young and healthy — premiums increase with age and health changes can make coverage unavailable or prohibitively expensive. Even if your current needs are modest, locking in coverage now preserves your insurability for the future.
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How Disability Insurance Fits Your Financial Plan
Insurance is not a standalone product — it is a component of your comprehensive financial strategy. The coverage amount, policy type, ownership structure, and beneficiary designations all interact with your tax planning, estate plan, retirement strategy, and corporate surplus management. SG Wealth Management ensures every insurance decision is made in the context of your complete financial picture.
Getting Started
The first step is a comprehensive needs analysis that quantifies your coverage requirements based on your obligations, income, assets, and goals. From there, we compare options across multiple carriers to find the optimal combination of coverage, cost, and features for your situation. Our independent advisory position means we recommend the best solution for you — not the product that pays the highest commission.