Category: Disability Insurance

The following website links will provide you with the information you need in order to be well informed about disability insurance and medical retirement:

http://www.pensionetavantages-pensionandbenefits.gc.ca/act/evnvie-lfevnt/invldt-dsblt-eng.html

If you become disabled, and your claim is approved by the insurer, your monthly benefits will equal 70% of your insured annual salary. Benefits under DI or LTD begin once you have used up all your sick leave and provided that you have met a minimum waiting period of 13 weeks. Benefits continue for as long as you meet the test of total disability under the plan. If you are permanently disabled, your DI or LTD benefits will continue until you reach age 65. 

http://www.tbs-sct.gc.ca/hr-rh/bp-rasp/benefits-avantages/dip-rai/dis-eng.asp

“Disability Insurance (DI) Benefits”/ “Who is eligible to receive DI benefits?”

According to the plan, you are eligible to receive benefits for up to 24 months if you become totally disabled (i.e., you are in a continuous state of incapacity due to illness or injury and are prevented from performing the duties of your regular occupation).

The 90-day elimination period does not mean that your claim will be approved in 90 days – that is the elimination period that must pass before your claim is considered “active.” This means you will not be covered by Disability Insurance for the first 90 days, and may or may not be covered thereafter.