While many assume that injuries are the primary cause of long absences from work, in Alberta and British Columbia, approximately 80% of long term disability claims are submitted on the basis of unexpected illness. If you are self-employed or not covered under a group benefits plan, protect yourself and your family with long term disability insurance.
Long Term Disability Policies – We will Design a Plan that Works For You
Long term disability insurance plans define “disability” or “unable to work” in different ways. Our experienced insurance specialists can help ensure your plan provides the coverage you need. Here are a few other things you should know about long term disability policies:
- Coverage usually carries a waiting period of 30 days to 2 years depending on how it’s defined upon purchase; 90 days is most common
- The longer the waiting period, the less expensive the rates
- Premiums vary with occupational class – we can provide you a free quote based on your job classification; contact us now
Long Term Disability Benefits – Wage Replacement
Long term disability benefits are paid monthly, as wage replacement, when you are unable to work. This peace of mind alone can make a huge difference in recovery. Contact us today to get the protection you need and deserve.