LONG TERM DISABILITY INSURANCE
Protects Employees From Disability Loss!
What Is It?
It is a kind of policy that is designed to protect the employees from loss in case some tragedy takes place. Whether one is unable to work due to severe illness, injury, or disabling accident, this insurance ensures you get the coverage for the essential expenses. This insurance does not cover the victim for workplace accidents and only for personal accidents. Moreover, long-term disability insurance also helps the employees to receive a satisfying amount of income if one does not in the condition of work for a long period.
Long Term Disability Insurance Covers The Following
Living Expenses: This insurance type covers living expenses like food, clothing, electricity bills, and more.
Monthly Income: Ensures an employee receives some portion of salary each month when one is in disable condition.
Rehab Benefit: Your insurance coverage is included with rehab benefits so that you can get back to your work.
Accidents can happen anytime, and the medical costs add up quickly. This is the reason people living in Canada must go with the purchase of long-term disability insurance. Meant to cover a wide array of circumstances if the victim is out of the work for a longer period. It may be years or even decades. For more information on Long Term Disability Insurance, feel free to contact us today.