You insure your home, your car, even your phone—so why not your income? Your pay cheque is the foundation of your financial security, covering everything from your mortgage and bills to savings and daily expenses. But what happens if an unexpected illness or injury suddenly prevents you from working?
The Reality Check
Imagine this: You’re unable to work for months—maybe even years—due to a serious illness or injury. Would your savings be enough to sustain you? Most people don’t realize how quickly expenses pile up when there’s no pay cheque coming in.
This is where income protection insurance becomes your financial safety net:
✅ Disability Insurance – Provides a monthly income if you can’t work due to injury or illness, ensuring your essential expenses are covered.
✅ Critical Illness Insurance – Pays out a lump sum if you’re diagnosed with a serious illness like cancer, heart attack, or stroke. You can use this money however you need—medical bills, mortgage payments, or even taking time off to focus on recovery.
The Cost of Waiting to Protect Your Income
Many people assume they don’t need income protection because they’re young and healthy. But illness and accidents don’t wait for the “right time.” The earlier you secure coverage, the lower your premiums—and more importantly, you lock in protection while you’re still eligible.
Your income is your greatest asset—protecting it should be a top priority.
Let’s build a plan that ensures financial security, no matter what life throws your way.
Nicole Marques
647-670-2544
The information presented in the articles on this blog is intended for informational purposes only and should not be considered as professional advice. Nicole Marques, as an independent insurance advisor, makes every effort to provide accurate and up-to-date information, but errors or omissions may occur. Nicole Marques assumes no responsibility for any special, direct, indirect, consequential, or incidental damages arising out of or in connection with the information provided in these articles. Readers are advised to consult with a qualified insurance professional for personalized advice tailored to their specific needs. Nicole Marques reserves the right to modify, add, or remove content from the articles at any time without prior notice.
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