Long Term Disability insurance provides you with regular income to replace salary or wages lost because of a lengthy disability due to an injury or sickness. A typical Individual Disability Income Protection plan starts to pay benefits after you have been off work for 1 to 6 months.

If you become disabled due to injury or sickness, the insurer will pay you a monthly amount based on your policy conditions until the coverage period or the maximum age is reached or until you recover, whichever occurs first.

This benefit usually covers recurrence of disability, rehabilitation, partial disability, survivor benefits, cost of living adjustments, limitation and pre-existing conditions.