Are you or someone you know unable to work due to an illness, injury or disability? It can be overwhelming to navigate the various disability benefits available in Canada. From government-sponsored programs to private insurance plans, it’s challenging to determine which option is right for you. Here’s an overview of the key differences between the most common disability benefits in Canada.
Employment insurance (EI) sickness
EI sickness benefits are short-term monthly payments provided by the federal government that can help you financially if you’re unable to work due to medical reasons. The benefit pays up to 26 weeks of income assistance, at 55 per cent of your earnings, to a maximum of $650 a week. To apply, you must get a medical certificate showing that you’re unable to work for medical reasons and for approximately how long.
Worker’s compensation benefit (WCB)
The WCB is a type of insurance system that employers fund to provide financial assistance to workers who suffer from work-related injuries or illnesses. The worker’s compensation benefit is a no-fault insurance program. This means that you’re protected regardless of how the injury happened. In most situations, your WCB benefit rate is based on 90 per cent of net earnings.
Long-term disability (LTD)
Long-term disability is a type of coverage available through private insurance companies, generally through an employer. LTD benefits are designed to supplement other disability benefits such as income replacement benefits or worker’s compensation benefits. Most long-term disability plans will replace 60 to 70 per cent of your normal income. Each disability plan is different, and some may provide benefits for up to two years if you cannot return to the job you had before becoming disabled. Following the first two years many plans will cover a longer period based on whether you can do any other job based on your education, training and experience.
Canada Pension Plan (CPP) disability
A CPP disability claim is a long-term monthly payment provided by the federal government to individuals under the age of 65 who have made sufficient contributions to the CPP and have a severe and prolonged disability that prevents them from working. The average monthly amount that most people receive on CPP is around $1,100. To be eligible for CPP, you must prove that you’re suffering from a severe and prolonged mental or physical disability.
CPP disability claim attorney in Alberta and Saskatchewan
If you need assistance with a disability claim, Ludwar Law Firm can help. Our experienced team is well-equipped to handle all types of disability claims, including CPP and long-term disability, and can help you determine the best way forward. No matter your injury or disability, we’re here to help. Contact us today. We offer a free initial consultation so we can discuss your case and how we can help you.