Long Term Disability claims aren’t simple.
I wish they were, but they just aren’t.
The amount of money you are entitled to is based entirely on your age, income, the set offs you are receiving or have received in the past, and what your long term disability policy says about the duration and quantum of benefits payable.
Are the benefits taxable or not?
Are the benefits eligible for COLA indexing?
Does the definition of disability change at the two year mark from your “own occupation” to “any occupation” or was an “own occupation” rider purchased under the policy?
Is there a means test under the Policy and if so, what is the percentage of income or income allowable?
Each long term disability policy is different.
There is no “master policy” for every employee out there. While some policies may look the same; they carry different nuances which often translate to very large differences.
When a group of employees has access to a variety of collateral benefits; things like private or public pensions (old age or disability); HOOP Benefits; OMERS Benefits; CPP; other disability benefits, vacation pay, sick pay, union benefits etc. things get complicated fast.
The more benefits available, the more complex the case.