EPISODE #41
Disability Insurance
Episode Details
Your ability to earn income is your biggest asset, says Karine Orser, an Insurance and Estate Planning Advisor. Whether you are an employee, a business owner or the spouse of an earner, tune into this episode to learn what to look for in your disability insurance contract, what the most common disability claims are, and how to figure out whether you are under- or over-insured.
Answer to the question posed by Evan on CPP Benefits: Long-term disability (LTD) insurers typically have language in their policies stipulating that clients also apply for disability benefits through the Canada Pension Plan. LTD insurers can then reduce the benefits by the actual or estimated amount of CPP disability benefits paid.
Guest Bio
Karine joined the Raymond James Financial Planning team in November 2019. With more than 19 years of experience in the insurance industry, Karine brings a wide variety of skills to the table, including but not limited to life, critical illness, disability and group insurance, as well as individual and corporate tax solutions.
Karine takes a very personable approach to her clients. Strong relationships are the foundation of her work. She thrives on solving complex financial problems to give the client the best plan possible, meaning no problem is too big or small to tackle.
Karine hails from Quebec and is fluent in both English and French. She completed a diploma in Business Management shortly after her military contract. She enjoys being in the great outdoors with her husband Jeremy and their sons Basil and Hugo as well as their dog Dani.
Resources
https://www.canadalife.com/insurance/disability-insurance.html
https://www.rbcinsurance.com/health-insurance/disability-insurance.html
https://www.clhia.ca/web/CLHIA_LP4W_LND_Webstation.nsf/resources/Consumer+Brochures/$file/Brochure_Guide_to_Disability_ENG.pdf