DEFINITION:Canada Life Short Term Disability Benefits refers to the insurance coverage provided by Canada Life to replace a portion of an individual’s income if they become temporarily unable to work due to illness or injury, typically for a period of up to six months.
FAQs:
1. What does short term disability benefits cover?
Short term disability benefits typically cover a percentage of your income while you are unable to work due to illness or injury. This coverage helps replace lost wages during your recovery period.
2. How long can I receive short term disability benefits?
Short term disability benefits are typically provided for a period of up to six months, although the exact duration may vary depending on your specific policy and the nature of your condition.
3. Can I apply for short term disability benefits if my illness is not work-related?
Yes, short term disability benefits can be applied for both work-related and non-work-related illnesses or injuries. If your condition prevents you from working and you meet the eligibility criteria, you may qualify for these benefits.
4. Are there waiting periods before I can receive short term disability benefits?
Many short term disability policies have a waiting period, which is a specified amount of time you must be unable to work before benefits become payable. This waiting period is typically a few days or weeks, as outlined in your policy.
5. How much will I receive in short term disability benefits?
The amount of short term disability benefits you receive is usually a percentage of your pre-disability income, as determined by your policy. It is important to review your specific policy details to understand the exact payment structure.
6. Is there a limit on the number of times I can claim short term disability benefits?
Short term disability benefits typically have a maximum benefit period for each individual claim, such as six months. However, you may be able to make multiple claims if you have a recurring or new disability, as long as you meet the relevant criteria.
7. Does my employer need to provide short term disability benefits?
Short term disability benefits are not mandatory for employers in Canada. However, some employers may offer this coverage as part of their employee benefits package. It is advisable to check with your employer or review your employment contract to determine if you have access to such benefits.