Disability Insurance Quote News

March 22, 2010

Getting more money from the Government though a disability insurance policy

Filed under: Uncategorized — admin @ 2:42 pm

Some people have heard of the RDSP (registered disability saving plan). In a nutshell, you can put money into this plan if you have the Disability tax Credit (form T2201) which we can get you if you qualify. You put $1500 in, the federal government puts in up to $3500…a match up to $90,000 can be given, assuming you are under 49.

This is tax-sheltered! Call me for more details.

If you have a disability policy that pays out, wouldn’t it be nice to get extra money back from the government for a change?

February 18, 2010

Getting more money from the Government though a disability insurance policy

Filed under: Uncategorized — admin @ 8:36 pm

Some people have heard of the RDSP (registered disability saving plan) In a nutshell you can put money in to this plan if you have the Disability tax Credit (form T2201) which we can get you if you qualify. You put $1500 in the federal government puts up to $3500 as a match. Up to $90,000 can be given, assuming you are under 49.

This is tax sheltered! Call me for more details.

If you have a disability policy that pays out, wouldn’t it be nice to get extra money back from the government for a change?

February 9, 2010

Public servant depression a ‘crisis’

Filed under: Disabilities in the news — admin @ 12:50 pm

From the National Post…More reasons to get a disability policy before this happens! Or you get laid off!
Kathryn May, Canwest News Service  Published: Monday, January 11, 2010

Depression among Canada’s public servants is the country’s biggest “public health crisis,” says a leading mental health expert.

It’s an affliction among the country’s nurses, teachers, police, military and bureaucrats at all levels of government, undermining innovation, productivity, quality of service, policy-making and even the relevance of our democratic institutions, said Bill Wilkerson, founder of Global Business and Economic Roundtable on Mental Health.

Stress, burnout and depression is evident in all workplaces, especially in times of economic turmoil. But few employers have as profound a problem as the federal public service where the health effects of mental distress has been termed an epidemic.

“The public service is a tsunami of distractions — meetings, everything questioned, delegated, people moving … and no one is really in charge,” said Mr. Wilkerson. “It’s the most transient, fluid, unsettling work environment on the planet, so why wouldn’t people be anxious and in distress? They are human beings.”

Disability claims in Canada are climbing and between 30 to 40% of them are for depression. In the public service, mental health claims doubled between 1991 and 2007 and now account for 45% of all claims. Meanwhile, the number of other health claims has dropped.

Studies of federal executives found three quarters felt on the verge of burnout or extreme fatigue. More startling was that 15% of the top executives and one in four entry-level executives who felt “verbally harassed and tormented.” Executives in the private sector typically feel less stress because they have more control.

Mr. Wilkerson argues an inertia and paralysis have gripped the public service that’s compounded by an “ambiguity” around who is in charge. Such an environment takes its toll on people, many whom leave work every day frustrated and feeling they have accomplished nothing.

And he pins some of the blame on the cascading effect of the diminished role of Parliament, MPs, and Cabinet ministers, which came with the massive centralization of power in the office of the prime minister.

On top of that, partisan politics has become factious, “vicious and emotionally violent,” among MPs, all of which trickles down to the workings of the public service, he said.

Prime Minister Stephen Harper put mental health on the agenda when he created the Mental Health Commission, headed by former senator Michael Kirby, to help develop a national mental health strategy. Mr. Harper spoke about its ravages and the need to break the stigma of depression and mental illness at the funeral of former MP David Batters, who committed suicide after a battle with depression.

The public service is heading into uncertain times. Speculation is rife that the public service will be the first place the Harper government turns for spending cuts when wrestling with its mounting deficit. There are rumblings of changing or cutting public servants’ generous pension and benefits plans.

Read more: http://www.nationalpost.com/news/canada/story.html?id=2427560#ixzz0cIHRx8IV

Powered by WordPress