Long Term Disability pays a monthly (typically tax-free) benefit for a disability caused by either illness or injury. The benefit is paid from either the 90th or 120th day of a disability.
Length of benefit may be either 2 or 5 years or to age 65.
Benefit amount is usually about 66 2/3% of gross earnings. The injury or illness need not be work-related.
Monthly Benefit Amounts:
With 3 or more employees.
Life Insurance / Accidental Death & Dismemberment / Extended Health & Drugs / Dental / Short Term Disability / Long Term Disability / Critical Illness Insurance / Group RRSP
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