Short term disability insurance coverage for Alberta & British Columbia

Income replacement, or disability insurance , is available to clients throughout Alberta and British Columbia from HDF Insurance in a variety of forms. You should talk to one of our knowledgeable brokers today to determine if you need long term or short term disability insurance. Here's some background information before you make the call...

Short term disability insurance is basically a form of sick leave. Wage replacement benefits are payable on the first day of an accident or the 18th day of hospitalization. This waiting period is much shorter than that of long term disability insurance, which can be 30 days to 2 years. Short term benefits are also paid over a shorter term, typically 90 days, after which time long term disability insurance should apply.

Who needs short term disability insurance coverage?

Since premiums for short term disability can be fairly expensive, it is typically suited for key employees of a large company, who are extended this coverage in their group plan. Short term disability must be bundled into comprehensive disability insurance plans.

Short term disability definitely has its place in personal and professional income protection. To find out if it's right for you, contact HDF Insurance brokerage today!