Long Term Disability

24-Hour Coverage	Provides 24-hour coverage.
Tax Status	If all employees pay 100% of the premium for their LTD benefit, benefits received upon disability will be paid on a non-taxable basis. Otherwise, LTD benefits are taxable.
Definition of Disability	During the elimination period and for the duration of the own occupation period specified in the contract, the employee will be considered totally disabled if, solely as a result of a disease or accidental injury: The employee is limited from performing the material and substantial duties of their regular occupation; and There is a 20% or more loss in the employee’s indexed monthly earnings due to the same disease or injury. After the above-mentioned period, a disability caused by an accident or illness that renders the employee totally incapable of pursuing any gainful occupation for which they are reasonably suited by education, training or experience, regardless of the availability of employment.
Primary Direct Offsets	LTD benefits will be reduced by Workers’ Compensation, CPP/QPP (primary benefits only), Criminal Injuries Compensation, and provincial no-fault auto plan benefits.
85% All Source Maximum	LTD benefits will be further reduced by the amount by which an employee’s income from all sources exceeds 85% of his NET pre-disability earnings, if the LTD benefit is non-taxable, or 85% of his GROSS pre-disability earnings, if the LTD benefit is taxable.