You need long-term disability insurance. Now what?
Long-term disability insurance likely isn’t something you ever want to be in a position to need, but if ever you do need it, you’ll be grateful it’s there. Like short term-disability insurance, it provides financial assistance to an employee who is unable to work because of an accident, injury or illness. True to its name, long-term disability (LTD) payments cover a long period of time—as much as several years.
Original Article Source Credits: Money Sense , https://www.moneysense.ca/
Article Written By: RENEE SYLVESTRE-WILLIAMS
Original Article Posted on: MARCH 30, 2021
Link to Original Article: https://www.moneysense.ca/spend/insurance/life-insurance/long-term-disability-insurance-canada/