Protections to consider
Based on your personal and professional profile, we would recommend that you prioritize coverage as follows:
As a self-employed professional, you are aware of the financial obligations you may have towards suppliers and employees. You also appreciate the effort that would be required to restart your business if no contingency plan is in place in case of your prolonged disability.
Designed specifically for these obligations, the Office Overhead Insurance Plan provides for the reimbursement of incurred business expenses during your disability, without having to use savings or personal disability benefits. The Office Overhead Insurance Plan allows you to concentrate on your recovery, without having to worry about your business being there when you return.
Although the replacement income provided by your disability income insurance allows you to meet your ongoing obligations, the additional expenses you incur during a major illness could force you to use your personal savings.
AMUQ Critical Illness Insurance's lump-sum payment, which can be spent as you choose, allows you to better absorb costs related to your condition.
Critical Illness Insurance ensures that the stress of a serious disease isn't compounded by a financial one.
To protect the people you love in the event of your premature death, it is important to have adequate life insurance coverage. The insured amount should be sufficient to cover any outstanding debt as well as your funeral costs. You may also wish to leave something for a family member or a preferred charity?
Determining the amount of coverage required is not a simple task and it can be difficult to find one's way through the numerous types of life insurance available. One of our experts will gladly help you determine the right amount and the right product!
Important: This tool is provided as a general overview of your insurance needs. As the type and amount of coverage required will vary, we recommend that you discuss your specific needs with your Vigilis advisor by calling toll-free 1 888 682-7772 or by writing to info@vigilis.ca.
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