LTD insurance helps if:
- You have a mortgage to pay
- Your family couldn't manage without your income
- You have elderly parents who depend on you financially
- You are a single parent
- You would have to tap into your savings to pay day-to-day expenses
- You would have to stop saving for your retirement or your children's education
How does LTD insurance make a difference?
Watch this video to learn about the important role it played in Mark’s life as he recovered from a serious illness.
Why choose CDHA LTD insurance?
- Includes a residual benefit payment for up to 24 months if you're only able to return to work part time
- Potential work re-entry benefit
- Program allows for a recurring disability within 6 months
- CDHA offers group rates
You're eligible if you are:
- A CDHA member in good standing;
- Under age 65;
- A Canadian resident; and
- Actively at work for at least 18 hours a week when you apply
How much coverage can you apply for?
- Coverage is based on your annual earned income
- It ranges from $700 to $5,000 per month in units of $100
- Use the below table to find your annual income and the corresponding maximum monthly benefit
Income Ratio Guide
| Annual income | Monthly benefit amount |
|---|---|
| $12,000 - $14,999 | $500 |
| $15,000 - $17,999 | $900 |
| $18,000 - $23,999 | $1,100 |
| $24,000 - $30,999 | $1,400 |
| $31,000 - $35,999 | $1,700 |
| $36,000 - $44,999 | $2,000 |
| $45,000 - $59,999 | $2,400 |
| $60,000 - $71,999 | $3,000 |
| $72,000 - $83,999 | $3,400 |
| $84,000 - $95,999 | $3,800 |
| $96,000 - $109,999 | $4,200 |
| $110,000 - $119,999 | $4,600 |
| $120,000 - $129,999 | $4,800 |
| $130,000 + | $5,000 |
You can choose options for your LTD coverage too:
- Cost of Living Adjustment - for an additional cost, you may add this rider to your LTD coverage. This adjustment keeps disability benefits in line with inflation. With it, your benefit increases each year, by the amount specified in the Consumer Price Index, up to 2%. This protects your purchasing power during a lengthy disability. Sun Life applies the COLA when a plan member has a disability for a continuous period of 12 months.
Get a quick online quote
To help you determine your monthly premium, use our easy-to-use free online quote tool.
Exclusions
We don’t issue payment for disability that results from one or more of the following:
- Injury sustained, or sickness which first manifests itself, before coverage is in force
- Declared or undeclared war, insurrection or rebellion
- Voluntary participation in a riot or act of civil disobedience
- Intentional self-inflicted injury
- Committing or attempting to commit a criminal offence
- Uncomplicated pregnancy
- Payments are not made during any period spent in prison or a similar institution
More details are in the plan brochure.
LEARN MORE
QUESTIONS?
Call us at 1-800-669-7921
Mon to Fri 8:00 a.m. to 8:00 p.m. ET
Sun Life Assurance Company of Canada is the insurer of this product, and is a member of the Sun Life group of companies.