Navigating the complexities of disability benefits and their taxation can be overwhelming. Whether you’re receiving Short-Term Disability (STD), Long-Term Disability (LTD) benefits, or the Canada Pension Plan (CPP) Disability Benefit, understanding the tax implications if crucial for your financial planning…
When applying for long-term disability (LTD) benefits, there is always a chance your claim could be denied. Insurance providers are not looking to make a payout and almost always search for ways to avoid paying you the LTD benefits we…
Long-term disability (LTD) insurance policies typically include confusing terminologies and provisions that can make it challenging for an insured person to understand if they’re entitled to benefits when making a claim. What is outlined in your policy determines how your…
Long-term disability insurance, or LTD, replaces some of your income when you cannot work for an extended period because of a medical condition. In Nova Scotia, insurers decide what conditions are covered. Long-term disability benefits typically start after short-term benefits…
The Big LTD Myth LTD Insurers often deny claims on the basis that the Claimant (Plaintiff) has not proven any objective evidence of a disease or injury. This is not just a tactic to dissuade claimants from starting a lawsuit….
LTD litigation can be confusing and overwhelming at the best of times. Especially when trying to navigate taxation issues, the application of offsets, who is first payee, etc.. One of the most misunderstood issues is the all source maximum clause….
Can a LTD Insurer force a clamant to apply for CPP-D benefits? The answer to that question isn’t very straightforward. So today we are going to run through a few different scenarios to better illustrate the answer! Example A: My…
Whether you are receiving monthly payments from your Long Term Disability (LTD) Insurer, or engaged in a lawsuit trying to obtain benefits, the issue of “offsets” will inevitably become an issue. The Most Common Offsets Almost all LTD policies allow…
The Canada Pension Plan disability benefit is a monthly payment for Canadians who have contributed to the pension plan through payroll taxes and are unable to work due to a severe and prolonged disability. It is administered by the federal…
