Michael Pottruff

Michael Pottruff Stay up to date with our latest tips, insights, and updates. Join Our Newsletter Today! Financial Advisor
Desjardins Financial Security Investments Inc.

⎹ Desjardins Financial Security Independent Network ⎹
🗞️⬇ Click the Link Below to Join My Newsletter ⬇🗞️
https://contact.actualis.ca/T/WF/1209/txpYfI/Optin/en-CA/Form.ofsys?idUser=18308 https://contact.actualis.ca/T/WF/1209/txpYfI/Optin/en-CA/Form.ofsys?idUser=18308

Life & Health Insurance Advisor
Desjardins Financial Security Independent Network
Licensed for Insurance in the province of Ontario

. Mutual funds distributed through Desjardins Financial Security Investments Inc. Licensed for mutual funds in the province of Ontario.

06/23/2026

Many group disability plans calculate benefits as a percentage of an employee's income.

What some people may not realize is that the amount received during a claim can also be affected by factors such as plan maximums, coordination provisions, and other eligible sources of income, depending on the terms of the plan.

As a result, the benefit received may differ from the percentage outlined in the plan. Understanding how your coverage works before you need it can help you make more informed decisions about your benefits.

If you're unsure how disability benefits are calculated under your group plan, feel free to reach out and I'd be happy to help you better understand your coverage.

06/19/2026

“I think I’m covered” is a common assumption people make about their benefits.

But being enrolled in a plan doesn’t always mean every situation or expense is fully covered. Different plans have limits, exclusions, and conditions that can affect how coverage applies in practice.

Taking the time to understand your benefits can help you see what’s included, what isn’t, and where you may want to ask further questions.

It’s not about having “no coverage” or “full coverage”—it’s about knowing what your plan actually provides so there are fewer surprises when you need to use it.

When was the last time you reviewed what your coverage includes?

Think your group benefits coverage is set in stone?Many employees don't realize there may be options available to enhanc...
06/18/2026

Think your group benefits coverage is set in stone?

Many employees don't realize there may be options available to enhance certain areas of their existing coverage.

Top-up coverage is designed to work alongside your base benefits plan and may help address gaps or limitations depending on the options available through your employer.

Understanding your benefits is just as important as enrolling in them. A quick review could help you better understand the coverage you have today and the options that may be available to you.

Have you ever reviewed your benefits outside of enrolment season?

06/16/2026

Many people spend time choosing their employee benefits—but how often do they review them afterward?

Life changes. Careers evolve. Families grow. What made sense a few years ago may not provide the same value today.

A periodic review can help you better understand:
✔ What coverage you currently have
✔ Whether your benefits still align with your needs
✔ Potential gaps you may not have noticed

Benefits are often viewed as a "set it and forget it" part of financial planning, but reviewing them regularly can be just as important as selecting them in the first place.

When was the last time you reviewed your benefits coverage?

06/15/2026

Many people only become aware of gaps in their benefits when they actually need to use them…

It doesn’t usually come up during enrollment—it often shows up during a claim, a bill, or an unexpected expense.

That’s when details like limits, partial coverage, or eligibility rules can become more noticeable.

And in many cases, these aren’t things people think about until they’re actively using their benefits.

A quick review in advance can help you feel more informed about what your plan includes when you need it.

06/11/2026

Many employees assume they fully understand their benefits when they first enroll in a plan.

But life changes. Families grow. Health needs evolve. Priorities shift.

A plan that looked like a great fit a few years ago may feel very different today—not because the plan changed, but because your situation did.

Understanding how your benefits apply to your current needs can help you make more informed decisions and avoid surprises when it's time to use them.

💾 Save this post for future reference and feel free to reach out if you'd like to better understand your group benefits coverage.

Most people don't discover gaps in their coverage until they're trying to make a claim.By then, the focus shifts from pl...
06/10/2026

Most people don't discover gaps in their coverage until they're trying to make a claim.

By then, the focus shifts from planning ahead to dealing with an unexpected expense or limitation.

The reality is that many employees simply haven't had the opportunity to review their benefits in detail. Taking the time to understand your coverage before you need it can help set clearer expectations and reduce surprises down the road.

That's why regular benefits reviews are so important.

Why do you think coverage gaps are often discovered after the fact?

Why do benefits plans that seem clear at enrolment become confusing over time?Most people don’t feel uncertain about the...
06/08/2026

Why do benefits plans that seem clear at enrolment become confusing over time?

Most people don’t feel uncertain about their benefits right away—it tends to build gradually.

You enrol once, life changes, but your plan details don’t always get revisited. Over time, that can create a gap between what you think is covered and what’s actually included.

Coverage that isn’t regularly reviewed, forgotten plan details, and changing personal needs can all contribute to that shift in clarity.

Have you ever looked at your benefits and realized something wasn’t what you expected?

06/04/2026

How group disability coverage is structured👇

Group disability coverage is generally set up at the employer level in partnership with an insurance provider, rather than being designed individually for each employee.

The structure of the plan is influenced by factors such as the level of coverage selected by the employer, the overall cost of offering benefits to the group, and standard plan design guidelines used by insurers.

Eligibility rules and plan terms are also defined as part of the group policy.

Because group plans are designed to apply to a broad employee population, many of the terms and conditions are standardized across members of the same plan.

This means there is often limited variation in how coverage applies from one employee to another.

Understanding how the plan is structured can help provide more clarity on how coverage works within a workplace benefits program.

If you have questions about your group disability coverage, contact me to review your plan.

06/03/2026

The Hidden Cost of Never Reviewing Your Group Benefits

Many people enroll in a workplace benefits plan and assume it stays the same over time. However, coverage details and personal needs can change.

Group benefits can include details that are easy to overlook, including what services are covered, coverage limits, cost-sharing, and eligibility rules. When these aren’t reviewed after initial enrollment, expectations and actual coverage may not always align.

This can result in unexpected costs, underused benefits, or missed opportunities to use what’s available.

Swipe to learn more.

Address

3400 Sheppard Avenue East, Suite 400
Toronto, ON
M1T3K4

Telephone

+14168951910

Website

Alerts

Be the first to know and let us send you an email when Michael Pottruff posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Share

Category