Understanding Long-Term Disability Insurance Premium Waivers

What Is a Premium Waiver in Long-Term Disability Insurance?

Long-term disability insurance policies exist as a safety net for individuals if, through accident or illness, they become unable to perform their duties of employment. As with other types of insurance, in order to keep your policy in good standing premiums need to be paid on it, whether monthly or yearly.

But what happens when an insured is rendered disabled from work and unable to afford to pay their ongoing insurance premiums? The answer is a waiver of those premiums.

The Purpose and Benefits of Premium Waivers

A premium waiver is a clause within a long-term disability insurance policy that allows the insured party to stop paying premiums while still maintaining coverage. A premium waiver is typically triggered when the individual covered under the policy is found to have met the definition of disabled. Once the individual meets that threshold premiums … Continue reading

Can My Insurance Company Deny My Critical Illness Claim?

Having a critical illness insurance policy in place offers a sense of security and financial protection in times of medical emergencies. Unfortunately, there are instances where insurance companies deny critical illness claims, leaving policyholders confused and frustrated. While critical illness insurance denials can be devastating, it is important to understand the common factors behind denials of critical illness claims by insurance companies.

Critical Illness Policy Exclusions

Insurance policies for critical illness coverage often have very specific exclusions and limitations regarding critical illnesses. It is important for policyholders to understand these exclusions and ensure that their claim falls within the covered conditions. For example, some policies may not cover certain types of cancer or pre-existing chronic conditions.  While multiple sclerosis may be covered, often systemic sclerosis is not.  An insurance company will not pay out benefits under a critical illness policy unless the specific illness you have is listed in the … Continue reading

What Happens in a Long-Term Disability Claim?

A significant amount of Canadian long-term disability claims are denied.  When some people attempt to appeal the decision this almost never changes the opinion of the insurance company which has denied the claim. This leaves people with only one choice if they want to enforce their rights, start a legal action.

Starting a legal action to enforce your rights under your insurance policy can be intimidating, especially when you’re going up against an insurance company with almost limitless resources.  Most people with a claim don’t have any idea how a long-term disability claim works or what happens.

We’ve put this blog post together so our clients can get an idea of what happens in a long-term disability claim.

Gathering Evidence

The first step in a denied long-term disability claim is gathering the evidence you’ll need to ensure you have a good claim. There are only two big steps to … Continue reading

Tips for Dealing With Your Insurance Company

In one way or another, nearly everyone invests in some form of insurance, aiming to secure financial assistance in times of crisis. These insurance policies, whether they cover long-term disability insurance, life insurance, critical illness insurance, mortgage protection, or  accidental death & dismemberment, provide peace of mind, knowing they’ll be there to support us when we need it most. However, the unfortunate reality is many legitimate insurance claims are denied every year. 

This is why we’ve created the Tips for Dealing With Your Insurance Company guide. The goal of this book is to equip you with the necessary information to handle your insurance company independently, aiming to prevent you from becoming one of our clients in the first place. 


If your claim is denied, and you’re having trouble negotiating with your insurer, we are here to help.  Our dedicated insurance denial lawyers at Taylor Continue reading

Long-Term Disability & Return to Work Programs

As discussed many times in this blog, your relationship with your insurance company is one based on contract. Your insurance policy lays out the responsibilities and obligations of the insured and the insurer.  The basic provisions of all insurance policies are that you pay insurance premiums to your insurance company, and they agree to pay out insurance benefits should an agreed upon event occur triggering coverage under the policy. That’s the broad strokes. However, every type of insurance policy has fine print as well and more often than not it’s the fine print that is the most important part of the policy when a claim for benefits is made.

A common provision in long-term disability insurance policies is that the insured is obligated to participate in a program designed to get them back to work and that if the insured fails to participate in the program the insurance company can … Continue reading