Income Replacement - Short Term and Long Term Disability

Income Replacement coverage provides protection for individuals or groups in case of disability due to illness or injury. You can get coverage from the day the accident happens or add a waiting period to the plan, which will lower the cost. Employment Insurance (EI) can cover an employee for the first 120 days. 

A Long Term Disability plan starts on the 120th day of disability with durations of 2 years, 5 years, or to age 65. This benefit is coordinated with the government program through CPP.