简中Plan Type
Government plans：
▪ Employment Insurance (EI) Sickness Benefits：
The EI Sickness program provides temporary income replacement benefits to eligible workers for up to 15 weeks.
To qualify, your income must be reduced by at least 40%, you must be employed by a qualifying employer, and you must have already earned 600 hours of insurable employment.
▪ Canada Pension Plan Disability ：
Many Canadian workers are eligible to apply for disability payments from the Canada Pension Plan. To qualify you must be under age 65, unable to maintain gainful employment due to disability, and have made recent contributions to the Canada Pension Plan. You have to be continuously disabled and off work for 4 months to before you can become eligible to receive payments.
Insurance company individual plans：
▪ Short-term disability insurance：
Benefit Period is usually less than 6 months and paid weekly until the insured is able to return to work, or until Long-Term Disability benefits start.
▪ Long-term disability insurance
Long-term disability insurance benefits are intended to pay disability replacement income for several years, often to age 65. According to different definition of disability, there are “any occupation disability”, “regular or own occupation disability”, “residual or partial disability” and so on.
Some plan may provide disability benefits for up to two years if you’re unable to return to the job you had before becoming disabled. After two years, you may continue to receive benefits only if you’re unable to work at any job.
Some plan may provide “residual or partial disability” as riders. The policy owner will receive a proportion of benefits if he or she is still actively engaged in their occupation, but will suffer a loss of income due to an injury or illness.
Long-term disability insurances usually have a 60-day, 90-day or 180-day elimination period. Generally, the longer the elimination period, the lower the premium.
The monthly disability benefit you receive will be the amount you are insured for on the date you become disabled, reduced by any other benefits you receive as a result of your disability such as CPP disability benefit.