What you Need to Know about Disability Insurance law in Canada

Disability insurance laws assure that a worker’s income will be protected in case he or she is unable to perform their work duties because of disability or illness

According to a survey conducted by RBC Insurance in 2014, 45 Percent of Canadian workers believe that disability occurs infrequently. In actuality, however, 1 out of 7 Canadians are disabled. Moreover, a third of workers will undergo a period of disability for longer than 90 days throughout their time working.

This is why it is important for Canadians to reevaluate their risk of disability. Disability can have a great effect on how one operates in their line of work. Not only is it an inconvenience in itself, but failure to perform may result in lessened income as well.

Disability insurance laws should then be examined by workers looking to protect their assets. They must also be on the lookout for good insurance plans that fit their needs.

Canadian Disability Insurance Laws

Disability insurance laws assure that a worker’s income will be protected in case he or she is unable to perform their work duties because of disability or illness. The disability does not have to be attained while at work for you to qualify.

Whether you are temporarily or permanently disable, disability insurance will only cover those who are completely unable to perform their job. Disability insurance does not entirely replace the income you are to lose because of disability. This often has a ceiling amount that will typically cover approximately 60-85 Percent of your income.

There are long-term and short-term disability insurance benefits which you may claim. Although these may not completely cover all your losses, disability insurance will nonetheless help protect you, your family, and any other beneficiaries in the event of a career-hindering disability.

Disability Insurance Laws Benefits

Long-term disability insurance benefits ensure the protection of workers’ income in the event that they are not able to perform their work duties for a long period of time because of illness or injury. However, applying for this may be a long and difficult process, and top disability insurance lawyers are needed in order for everything to go over smoothly.

Short-term disability insurance benefits, on the other hand, provide coverage for only a short amount of time. This is typically up to 12 months.

These benefits primarily include replacing lost income. Depending on your disability insurance, other benefits may vary. Other insurance companies also provide medical care and aid employers in getting their people back to work as soon as possible. There are also reimbursement benefits, which provide for child care expenses if the disabled worker’s spouse has to find work to make up for the lost income.

These, along with various other benefits, may come along with your disability insurance.

Where to get Disability Insurance

The Canadian Life and Health Insurance Association (CLHIA) is a body that represents life and disability insurance industries in the country. It is of their utmost priority to make sure workers are given opportunities for income sources when faced with disability.

You may check with different commercial insurance companies under them for good insurance plans. There are a variety of choices that may be adjusted to your personal needs as well as to your employer’s requirements.

There are employers, however, that already provide their employees with disability insurance. Make sure you to discuss with them what plans are already available. Individual disability insurance is also claimable for those who are self-employed.

Apply for Disability Insurance Claims

There are plenty of sources online that will lead you to formatted letters, appeal kits, and other references that can aid you with this process. Files that you should always keep track of are notes and prescriptions from your doctor, accident statements and reports, medical records, and the like.

Despite all of these sources of information that are readily available for everyone to access, legal representation is usually a must. Disability insurance lawyers are willing to work hand in hand with you when it comes to protecting you and your assets.

Expert opinion will help you build a strong disability claim. Doing this all by yourself and without legal counsel may lead you to lose a lot more than you should.

Contact a Disability Insurance Lawyer

Disability insurance laws serve as way for workers to receive some form of assistance when facing hard times. Vigilance should always be exercised whenever making appeals for your disability insurance. Seeking professional help should always be considered when handling these kinds of matters. Contact Us at TSF Law for a free evaluation of your case.