Your ability to earn an income is your biggest asset. It provides financial security for you and your family.
Disability Insurance offers a simple and effective way for you to protect everyone who relies on you in the event that an accident or illness prevents you from earning a living.
- Built for you
CBIA/Lawyers Financial sponsored coverage is designed for lawyers. It’s specific to your occupation and your livelihood.
Coverage is available for all income levels with tax-free benefit amounts of up to $16,000 per month.
Most disability plans end at the traditional retirement age of 65. We know that many lawyers choose to work beyond age 65, which is why we have two plans that allow you to choose between benefits that are payable to age 65 or to age 71.
You also have a choice of Level or Stepped premium rates.
Stepped Rates gradually increase every 5 years, based on your age. This provides you with lower costs today but your costs will increase as you age.
With Level Rates, your initial premium does not increase based on your age. You will pay more initially but your premium remains stable throughout the life of your coverage.
The choice is yours!
- Your Questions Answered
Here are some of the questions we get from Lawyers about disability insurance.
Can I increase the amount of my coverage as my income increases over time?
Yes. With the FIO (future increase option), you can increase your coverage amount as your income increases – without the need for additional medical evidence.
What if I can’t practice law but might be qualified for another occupation? Will my benefits be cut?
You're a Lawyer. That’s what you do. Your advisor will show you how our plan keeps you from being pressured into any other profession.
Why would I need this coverage if I already have group coverage through my employer?
Unlike group policies that may put limitations on the amount of money you receive or how long you can receive it, your advisor can show you how to protect your full income until the age of 65 or 71.
From my recent experience, the CBIA/Lawyers Financial disability insurance product is clearly the best option for lawyers. I experienced a disability and submitted claims through both CBIA and another provider. The difference was night and day. Through the CBIA/Lawyers Financial program, I was treated with respect and compassion. I cannot say the same about the ‘other guys.’ And, the CBIA rates are much less expensive. A significantly better experience for much less money. They really are “all for lawyers”.
Your Lawyers Financial Advisor can answer your questions and design a plan that meets your needs.
Disability insurance underwritten by The Manufacturer’s Life Insurance Company (Manulife). P.O. Box 670, Stn Waterloo, Waterloo ON N2J 4B8