MID-TERM DISABILITY2018-06-14T20:39:41+00:00

Project Description

Canada’s Original Mid-Term Disability

employee working at industrial production | GroupHEALTH Benefit Solutions - Canada
Understanding Disability Protection

Disability insurance provides protection when plan members are prevented from working and paying expenses due to a disability. Traditionally, there have been two types of disability insurance: Short-term Disability (STD) and Long-term Disability (LTD).

When long-term disability is set up employers are required to put aside a reserve – and it’s 40% of the benefit cost! Even if the claim never becomes “long term”, this reserve remains.

The Mid-Term Disability Solution

Based on powerful data and actual claims experience, Canada’s Original Mid-Term Disability coverage leverages a simple fact: less than 30% of claims make it to true long-term disability length. By introducing a “mid-term” disability benefit (known as “MTD), GroupHEALTH can reduce costs by up to 15%.

Contact Info

Suite 200, 2626 Croydon Drive
Surrey, BC V3Z 0S8

Phone: 1.877.542.4110