 Disability Income Insurance - Momentum
Momentum disability income insurance provides you with a source of income to replace your salary during a period of disability resulting from an accident or illness.
 Who Should Consider Disability Income Insurance?
Features and Advantages of Momentum
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Who Should Consider Disability Income Insurance?
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Persons who have jobs that do not provide a group insurance plan:
- self-employed workers
- small-business owners
- employees, whether or not they are covered by the Workers' Compensation Act.
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Features and Advantages of Momentum
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| Momentum provides you with disability income insurance in the event of an accident. |
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| You receive monthly benefits of between $500 and $4,000 (up to a maximum of 70% of your monthly income). |
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| Your benefits are paid for two years or until you reach the age of 60. |
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| You may choose a waiting period of 0, 30 or 120 days.
The waiting period is the period between the beginning of the disability and the beginning of benefit payments. |
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| Additional protections—disability income insurance in the event of an illness, business overhead expense insurance and hospitalization insurance—are available. |
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