Tag Archives: mortgage

Protecting your loved ones: Homeprotector Life and Disability Insurance. Most of us want to know our families will be protected-no matter what happens to us. If you had an accident or sickness and couldn’t work for a long period of time, how hard would it be on your family? And what would your family do if you were not longer there to support them? Did you know? Only 55% of working Canadians are offered disability coverage by their employer (even then a majority of group disability plans cover less than 70% of gross income. Could you pay for existing financial obligations with 30% less income?) Half of all mortgage foreclosures are related to disability -If you save 5% of your salary for 10 years, it takes just six months of complete disability to wipe it out Between the ages of 25-65, there is a 50% chance you will be disabled for more than 90 days at least once. Continue reading →