This is the period of time between which your claim is processed but you are not receiving benefits and it is used to ensure you quality for the benefits you are claiming. Depending on the policy, the time between your accident/sickness and the start of your benefits could be anywhere from 0-730 days. Ensure you have other income or savings to protect your finances during this time.
Our Publications related to Disability Insurance
Life, Disability and Critical Illness Insurance: Do Men or Women Pay More?
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Introducing a New Tool to Find Out What Issues Canadian Face with Their Insurers
The arrival of COVID-19 has pushed Canadians, more than ever before, online for finding and applying for insurance and banking products. It is not easy, though, to make the right choice without knowing if a particular insurer will be there when you need them the most. As the largest Canadian review platform with thousands of […]
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Disability-related stats that are important to know Accidents are unavoidable. On top of dealing with pain and possible physical or mental limitations, a disability can also result in financial difficulties because your ability to earn an income may be impacted too. Here are some sobering statistics: According to Statistics Canada, 20% of Canadians aged […]
Disability Insurance: 45 Ideas to Reduce Your Rate
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111 Insurance Myths – Everything You Must Know
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