How much will Long-Term Disability Benefits pay?
If you work in Ontario and you have been injured and disabled from work, one of the first things you will want to find out is if you have coverage for disability benefits. Whether you have coverage for disability benefits will often depend on who your employer is and your employment status. If you have coverage for disability benefits, you will need to submit an application to your disability benefits carrier to start the process of receiving disability benefits.
Many disability benefits policies will have different coverage for short-term disability benefits and long-term disability benefits. The distinction can be important for three main reasons: (1) there are limits in terms of how long you can receive the two different categories of disability benefits; (2) there are significant changes to important definitions; and (3) it may change how much you receive in terms of disability benefits.
If you have a disability benefits policy, you will receive benefits so long as you meet the definition of what “disabled” means as defined within the policy. The exact amount that you will receive for disability benefits will vary depending on the wording of the policy. In most cases, disability benefits policies will pay you a percentage of your gross monthly or yearly income up to a maximum amount. Sometimes, there are important clauses that separate certain groups of employees or workers within the workplace that have an impact on the amount of disability benefits they may receive.
It is important that you have a clear understanding of what the disability benefits policy states to ensure you know how much you are entitled to receive in disability benefits.
If you have any doubts or concerns about your ability to qualify for disability benefits or how much you should be receiving in disability benefits, you should consult with an experienced personal injury lawyer.
About the Authors
For Charles, practising personal injury law allows him to serve and empower individuals to overcome some of the most challenging times of their lives. His devotion to service is what motivates him to achieve the best possible outcome for his clients.