CLHIA-ACCAP - Consumer Information

A guide to disability insurance

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2 SOURCES OF DISABILITY INSURANCE Who provides disability insurance? Disability insurance coverage is available through a variety of sources such as: • • • • Individual insurance plans Group insurance plans (offered through e.g., an employer, union or association) Special purpose plans Government plans Disability benefits typically replace up to 60 to 85 per cent of your regular income. Some plans pay tax-free benefits while others are taxable. You can receive disability benefits from more than one source, but these plans are usually coordinated to make sure that all the benefits you receive are not greater than your normal income. You may have other coverage that may be available from a variety of special purpose plans such as creditor's insurance (e.g., credit card or mortgage protection), your auto insurance plan and long term care or critical illness plans. There are also disability insurance plans designed for people who are self-employed. 2

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