April 2018 – Less than half of Canadian workers get disability coverage from their employer. Many would be financially devastated if they had to miss several months of work with no insurance to pay their bills, and some have to come back before they’re ready because of money concerns. Those who could purchase independent disability coverage often avoid it because of cost. If you recognize the benefits of having disability insurance but think the premiums might be too high, consider this. If it cost $1000 to replace your after tax income of $30,000 would you rather earn $50,000 per year while healthy but $0 if you get sick or have an accident, or would you rather earn $49,000 per year while healthy but $30,000 per year while sick or injured?