When Disability Impacts Income

Catastrophes and accidents are common in our day to day lives. Canada government Statistics show that 20% of Canadians aged 15 years and above have had at least one disability in 2017. At least 20% of male Canadians and 24% of female Canadians have had at least one disability.

The Trauma of Disability While Employed

An accident or personal injury that results in temporary or permanent disability can be life changing. In addition to the pain and trauma associated with the event, the income stream suddenly stops. With a vast majority of the workforce living on monthly salaries, a disability can cause tremendous financial stress.

What Is Disability insurance?

Disability insurance gives an individual the option to continue receiving a portion of their income if they get disabled while in a job. Disability insurance could be a part of the employment terms. An individual can also buy a disability insurance policy from third-party providers.

In the case of temporary or permanent disability, the individual could work with a disability claim lawyer to ensure he or she gets the maximum benefit out of the claim.

What is the Duration of Disability Insurance?

Disability insurance can protect a person until they are healthy again or as long as the coverage is applicable. Some disability insurance packages even offer coverage until an individual reaches retirement.

In the event that an individual need to claim long-term disability benefits, it is advisable that they approach a long-term disability lawyer. Some insurance companies are particularly stringent when it comes to long-term disability claims, and a lawyer can help ensure the individual gets suitable disability benefits.

If you’re caught in an accident or you have been injured and are in need of legal help, do not hesitate to call Kalsi & Associates for free consultation or legal advice related to injury, disability, or slip and fall in Ontario at 1-(844) 905-2993 or apply for a consultation online. The Toronto disability lawyers, personal injury lawyers; Kalsi & Associates are prepared and ready to help.