​SOLO Disability income

Issue ages (age to the nearest birthday)

• 18 to 60: T65
• 18 to 50: T10

Eligibility requirements

Belong to an occupation class other than "X" and work at least:

• 30 hours a week and
  • Be employed at least 40 weeks a year OR
  • Be employed between 35 to 39 weeks (minimum waiting period of 60 days)
• 24 to 29 hours per week during 40 weeks per year (minimum waiting period of 90 days)

Occupation class

• 4A, 3A, 2A, A and B

Waiting period

For waiting periods of 90 days or less, the monthly amount is payable as of the first day in the event of hospitalization or day surgery

The "+" sign indicates the monthly amount is payable as of the first day in the event of an accident.

Benefit period

• 2 years
• 5 years
• Up to age 65

The benefit period is always a minimum of 2 years, even if the policy ends at age 65.

For example, if the insured is totally disabled at age 64, he will be receiving a monthly amount for 2 years and therefore, until age 66 even though the policy ends at age 65.

Monthly amount

• Minimum: $400
• Maximum:
  • 4A: $15,000
  • 3A: $14,000
  • 2A: $10,000
  • A: $8,000
  • B: $7,000

Premium structure

• Term 65: Level up to age 65
• Term 10: Level for 10 years

The premium structure may be changed from T10 to T65 without evidence of insurability if the insured is 50 or under.

Renewal

• Guaranteed renewable up to age 65
• Continuation of coverage after age 65

Total disability definition

• Regular occupation 24 months

Recurrent disability

• 12 months – occupation class 3A and 4A
• 6 months – occupation class B, A, 2A

Built-in benefits

• Payable amount at death of 5x the monthly amount on policy
• Eligibility to receive monthly amounts as of the first day of hospitalization or day surgery
• Exchange privilege of SOLO Disability income to SOLO Loan insurance
• Organ donation after 6 months
• Presumptive total disability
• Rehabilitation
• Waiver of premiums
• Recurrent disability
• Based on their insurance coverage, complimentary assistance services are available at any time for your clients and their loved ones:
  • They can use them when times are good, or when times are bad.
  • 24/7 phone assistance services is also available.

The assistance services are not a contractual obligation of Desjardins Insurance.

Additional coverages

• Cost of living
• Partial disability
• Residual disability
• Return of premiums
• Future insurability option
• Regular occupation period extension

End of coverage

The coverage will terminate when the first of the following events occurs:

• Death of the client
• Policy anniversary nearest to age 65
• Policy lapse
• Date of exchange from SOLO Disability income coverage to SOLO Loan insurance
• Client’s retirement date