Stay Connected with us


Being your own boss can provide you with a range of freedom and benefits you simply can’t find when working in an office or managing a business. That’s why so many are self-employed nowadays. However, there are also a few burdens to being your own boss, like having to foot the bill for your own insurance covered.

But there is a range of options available in Ontario for long-term disability insurance for the self-employed from the team at Desjardins Financial Security Independent Network.

Why Purchase Disability Insurance?

If you’re a freelancer or self-employed, disability insurance can help you remain financially stable should you become disabled and unable to work for a time. There is any number of unexpected things that could cause a disability, everything from car accidents to unexpected illnesses. That’s why preparing for such a scenario, even though it may never happen, is beneficial, especially in the long term.

Traditionally, disability insurance is designed to replace between 65-85% of your monthly income, however, this amount will vary depending on your situation. When you invest in the long-term disability insurance for the self-employed from Desjardins Financial Security Independent Network:

  • Your coverage remains intact even if you change your job or withdraw from an association.
  • Your benefits are not taxable.
  • You’ll receive a personalized plan designed to meet your specific needs.

Are There Specific Requirements for Long-Term Disability Insurance for the Self-Employed?

 There are some specific requirements for those who are self-employed to receive long-term disability insurance. Your approval and the amount of benefits you receive will be dependent on associated risks like your age, state of health, and type of employment. Younger and healthier applicants with steady jobs will be more likely to receive benefits and have to pay lower premiums.

We can be your long-term disability insurance provider

 Since 2005, the experienced professionals from Desjardin Financial Security Independent Network – Toronto West have been helping self-employed clients receive the benefits they deserve. Our team is committed to helping you find a plan that offers the best coverage at the lowest possible price.

For more information about our long-term disability insurance solutions for those who are self-employed in Ontario, contact us today online or by calling 416-695-1433.


Learn more about the benefits of Critical Illness Insurance with these related posts.