Areas of Practice

Long Term Disability Claims Lawyer Toronto

Long Term Disability Insurance Claims Lawyers Toronto

Toronto Long Term Disability Benefits Insurance Lawyer

What we earn from working is important to us in many ways. Those earnings pay for our living costs. Those costs cover everything from food, clothing, home (rent or mortgage), child related, etc.. We rely on our income to continue to meet or pay for those costs. It is natural that we do what is needed to make sure those earnings continue uninterrupted.

What Is Disability Insurance?

Disability Insurance can help protect you and your family from an unexpected illness or accident that leaves you unable to work and earn an income.

What Is Long Term Disability insurance?

Long Term disability (LTD) insurance protects an employee from loss of income in the event they are unable to work due to injury, illness or accident for a period of time beyond Short Term Disability (STD) or Employment Insurance Sick Benefits.

What Is The Difference Between Short Term Disability Insurance and Long Term Disability Insurance?

STD Insurance is a type of financial benefit that pays a percentage of an employee’s salary for a specified amount of time. It is claimed in the event you are temporally unable to work. LTD Insurance is a longer term income replacement program and is claimed in the unfortunate event that your medical condition prevents you from working over an extended period of time.

View the STD insurance page for more details.

How Can I Find Out If I Have Long Term Disability Insurance?

LTD insurance is usually provided to the employees by their employers as part of the employee benefits package. If the employer does not offer long term disability insurance or if you desire additional coverage, you have the option of purchasing LTD insurance from an insurance company or broker.

Does my disability allow me to qualify for Long Term Disability benefits?

Generally most LTD insurance policies would cover you no matter what type of disability prevents you from working. However, certain insurance policies may have some exclusions.

How Much Would Disability Insurance Pay?

LTD insurance benefits can cover approximately 50% to 80% of your pre-disability salary.

How Long Do I Have To Wait Before I Collect Long Term Disability Insurance Benefits?

You have to review your insurance policy to determine how long you have to wait before you can collect LTD insurance benefits. Usually you need to be off work for a considerable period of time (often several months) before you are eligible to access LTD insurance coverage.

How Long Does Long Term Disability Insurance Last?

LTD insurance plan can last until your retirement age (i.e. 65 years old).

How Can Tony Lafazanis Help?

The insurance policies can be complicated to understand, and insurers may not always accept your claim for disability benefits. A denial of insurance claims can be appealed; however, it is advisable that you retain a lawyer and commence legal action against the insurance company if you feel your benefits have been denied.

Limitations may apply. There are time limits to file a claim, as detailed in the policy. If a law suit is not filed in Court within 2 years of the insurers’ initial denial of your claim, your right to make that claim may be lost. Do not delay.

Hiring Tony Lafazanis is risk free. There is no legal bill to pay, if there is no settlement.

Each personal injury case is unique and requires dedication, professionalism, expertise and a personal, hands-on approach.

If you have suffered injury due to the negligence of others, Tony Lafazanis will guide you through every step of the legal process, and ensure you receive the compensation to which you are entitled.

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FAQs

1. What is Long-Term Disability (LTD) insurance?

Long-Term Disability (LTD) insurance provides income replacement if an illness, injury, or other medical condition prevents you from working for an extended period. LTD benefits typically begin after Short-Term Disability (STD) benefits or another applicable waiting period has ended, subject to the terms of your insurance policy.

2. How do I know if I qualify for Long-Term Disability benefits?

Eligibility depends on the terms of your insurance policy and whether your medical condition meets the policy’s definition of disability. Many LTD policies initially provide benefits if an illness, injury, or other medical condition prevents you from performing the essential duties of your own occupation, although many policies later change to an “any occupation” definition after a specified period. Eligibility, exclusions, limitations, and waiting periods vary from one policy to another. Tony Lafazanis can review your policy and explain whether you may qualify for benefits.

3. How much do Long-Term Disability benefits pay?

The amount of Long-Term Disability benefits depends on the terms of your insurance policy. Many policies provide a percentage of your pre-disability earnings, subject to the policy’s terms, maximum benefit amounts, and any applicable offsets, such as disability benefits received from other sources. Tony Lafazanis can review your policy and explain the benefits that may be available in your circumstances.

4. What should I do if my Long-Term Disability claim is denied?

If your LTD claim has been denied, you may have legal options. Tony Lafazanis can review your insurance policy, assess the insurer’s reasons for the denial, and advise you on the appropriate next steps based on your circumstances. Depending on the case, those options may include pursuing an internal appeal, starting legal proceedings, or both.

5. How long do I have to file a lawsuit after my Long-Term Disability claim is denied?

Time limits for Long-Term Disability claims depend on your insurance policy and the applicable law. In many cases, a lawsuit must be started within two years of when the claim is discovered or initially denied under Ontario’s Limitations Act, 2002, although the applicable limitation period depends on the specific facts of your case and the terms of your policy. Because these deadlines can vary, it is important to seek legal advice as soon as possible to protect your legal rights. Tony Lafazanis can review your case and explain the limitation periods that may apply.