Long-term Disability insurance

Often also referred to as LTD.

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A type of insurance that is designed to replace a portion of your income in the event that you become disabled (due to either an accident or illness) and are unable to work.

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Long-term disability (LTD) often starts after short-term disability (STD) ends and typically provides coverage for two or more years.

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LTD and STD are disability benefits found on employee group benefit plans.

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Disability insurance is also available on an individual basis for those who are not covered under an employee group benefits plan, or who wish to 'top-up' the LTD benefits offered by their employee group benefits plan.