How to cope with a sudden disability

Man sorting bills

Life is unpredictable and sometimes, unexpected circumstances hit. A car accident or sudden illness can happen to anyone, and it can have a lasting impact on a person’s ability to work and earn money. Your employer may offer sick time and short-term disability, but what happens if you are unable to work long-term? You can protect yourself from the financial effects of these unexpected circumstances with long-term disability insurance. A disability interferes with the kind and amount of work that a person is able to do, so it is important to make sure that you are covered.

Get covered

You may already have long-term disability coverage through your employer, but it is important to double check. Some employers offer a combination of short and long-term disability benefits as a part of their employee package. Making sure you’re properly covered will give you peace in mind, and give you a chance to get coverage if you are not.

CPP Disability Benefits

The Canada Pension Plan (CPP) disability benefits are available to people who have made enough contributions to the CPP, and whose disability prevents them from working at any job on a regular basis. The disability must be long lasting or likely to result in death. People who qualify for disability benefits from other programs may not qualify for this one.

You must apply for a CPP disability benefit in writing, but you can also apply online through Service Canada if you meet certain requirements. There are also benefits available to the children of a person who receives a CPP disability benefit. You will continue to receive benefits as long as you are under 65 years old and your condition is deemed to be severe and prolonged.