Your Personal Injury Lawyers
Call 1-888-404-5167
Preszler Injury Lawyers

Can You Have More Than One Long-Term Disability Policy?

Yes, you can collect benefits from more than one long-term disability policy. You may buy into a group long-term disability plan through your employer, pay premiums for a personal long-term disability insurance policy, and possibly collect disability benefits from the Canada Pension Plan.

However, the total amount you may be able to collect from all available policies could only compensate you for 60-70% of your regular pay, subject to the wording of the policy. In some cases, this value may fluctuate up to 85% of your salary.

Many long-term disability insurance policies reduce the amount of benefits available to recipients if they collect disability income from other sources. For example, if you receive benefits from the Canada Pension Plan, the amount of long-term disability benefits you may be able to claim from other insurance policies may be reduced to ensure the total value of your benefits does not exceed 70% of your regular wages.

Waiting Period for Long-Term Disability Policy

Every insurance company has different requirements that must be fulfilled before granting long-term disability benefits to eligible recipients. On average, eligible recipients may be required to wait between 90-120 days after their application is submitted before their insurance company begins making payments to them.

Some companies may start paying recipients sooner than that. Other companies may take up to six months to begin paying out long-term disability benefits to approved claimants. These large discrepancies can make it difficult for benefits recipients to manage their expectations of their own waiting period’s length of time.

The length of waiting periods could vary because insurance providers perform thorough medical reviews to ensure that a claimant’s injuries fall under their definition of “disability.” These definitions may differ from company to company. Generally speaking, if your condition prevents you from performing any of the regular duties of your job, you may meet your insurance provider’s requirements, and therefore be eligible to receive long-term disability benefits.

In certain cases, insurance companies may deny claims for long-term disability benefits when they believe the claimant’s injuries do not meet their requirements. In these cases, claimants may decide to appeal an insurance company’s decision.

Before receiving their first long-term-disability benefits payment, claimants may be required to use their available sick leave, vacation time, and short-term disability coverage. Many employers offer sick days and short-term disability options to their staff. In addition, individuals requiring long-term disability benefits may be eligible to receive a form of back-payment through their long-term disability policy. That way, claimants might be compensated for a certain percentage of incomes lost during this waiting period once their regular benefits payments begin.

Not All Employees Are Eligible for Long-Term Disability Benefits

Many employers offer group long-term disability insurance policies to their staff. Employees pay into these group policies by contributing a portion of their regular salaries throughout the length of their employment.

Typically, employees may not be eligible to claim long-term disability benefits until they have paid off the premium required to qualify. As such, an employee may need to work for an employer for a significant period of time before they’ve contributed enough to their insurance plan to be eligible to claim long-term disability benefits.

Employers may provide their staff with options to buy into their policies faster when they begin their terms of employment. Companies may decide to offer this option as a way of protecting their employees in case an unforeseen circumstance arises that requires them to take an extended leave of absence.

Finding a Long-Term Disability Lawyer to Fight for Your Compensation

If you meet the criteria for long-term disability benefits, but your claim has been denied, Preszler Injury Lawyers may be able to help you recover compensation. If you qualify for benefits and your claim was unfairly denied, we may be able to investigate your claim, appeal the insurance company’s decision, and help protect your right to receive compensation when you need it most. To find out more, contact Preszler Injury Lawyers today at 1-800-JUSTICE.

 

Call us now at
1-800-JUSTICE
®

151 Eglinton Ave W,
Toronto, ON
M4R 1A6
Fax: 1-855-364-7027
Toll Free: 1-888-608-2111
4145 N Service Rd
Burlington, ON
L7L 4X6
Fax: 1-855-364-7027
Toll Free: 1-888-608-2111
2 County Ct Blvd #400,
Brampton, ON
L6W 3W8
Fax: 1-855-364-7027
Toll Free: 1-888-608-2111
105 Consumers Drive
Whitby, ON
L1N 1C4
Fax: 1-855-364-7027
Toll Free: 1-888-608-2111
92 Caplan Ave #121,
Barrie, ON
L4N 0Z7
Fax: 1-855-364-7027
Toll Free: 1-888-608-2111
380 Wellington St Tower B, 6th Floor,
London, ON
N6A 5B5
Toll Free: 1-888-608-2111
2233 Argentia Rd Suite 302,
East Tower Mississauga, ON
L5N 6A6
Toll Free: 1-888-608-2111
1 Hunter St E,
Hamilton, ON
L8N 3W1
Fax: 1-855-364-7027
Toll Free: 1-888-608-2111
459 George St N,
Peterborough, ON
K9H 3R9
Fax: 1-855-364-7027
Toll Free: 1-888-608-2111
22 Frederick Street,
Suite 700
Kitchener, ON N2H 6M6
Fax: 1-855-364-7027
Toll Free: 1-888-608-2111
116 Lisgar Street, Suite 300
Ottawa ON
K2P 0C2
Toll Free: 1-888-608-2111
10 Milner Business Ct #300,
Scarborough, ON
M1B 3C6
Toll Free: 1-888-608-2111
*consultation offices

DISCLAIMER: Please be advised that the header image and other images throughout this website may include both lawyer and non-lawyer/paralegal employees of Preszler Injury Lawyers and DPJP Professional Corporation and unrelated third parties. Our spokesperson John Fraser, or any other non-lawyer/paralegals in our marketing is not to be construed in any way as misleading to the public. Our marketing efforts are not intended to suggest qualitative superiority to other lawyers, paralegals or law firms in any way. Any questions regarding the usage of non-lawyers in our legal marketing or otherwise can be directed to our management team. Please also note that past results are not indicative of future results and that each case is unique and that case results listed on site are from experiences across Canada and are not specific to any province. Please be advised that some of the content on this website may be out of date. None of the content is intended to act as legal advice as each situation is independent and unique and requires individual legal advice from a licensed lawyer or paralegal. For legal advice on your individual situation – we can provide legal guidance after you have contacted our firm and we have established a lawyer-client relationship contractually. Maximum contingency fee charged is 33%. Finally, our usage of awards and logos for awards does not suggest qualitative superiority to other lawyers, paralegals or law firms. All awards received from third party organizations have been done so through their own reasonable evaluative process and do not include any payment for these awards except for the use of the award logos for our marketing assets. We are also proud to service additional provinces like Alberta, British Columbia and Nova Scotia.