Common use of Long Term Disability (LTD Clause in Contracts

Long Term Disability (LTD. (a) Upon receipt and approval of the insurer of due proof that an insured employee has become totally and continuously disabled for a period of twenty-six (26) weeks, a monthly benefit shall be paid to the employee until the earliest of the following dates: (i) the date on which the employee shall cease to be totally disabled; (ii) the date on which the employee attains normal retirement age; (iii) the date of the employee’s death. (b) total disability means continuous disability which, during the first two (2) years of total disablement, prevents an employee from performing any and every duty pertaining to the employee’s own occupation and thereafter from engaging in any occupation for which the employee is fitted through education, training or experience. (c) The amount of the monthly benefit payable with respect to disability shall be the amount of monthly benefit in effect for the employee on the date of commencement of the disability as set out in the following schedule: First of $3,030.00 66% Subject to a maximum monthly benefit of $2,000.00 (d) If the disability income benefit receivable by the disable employee from all sources, including Workers’ Compensation benefits, exceed 71% of the employee’s average earned monthly income during the two (2) year period immediately prior to the date of disablement, payment under this benefit will be reduced so that the income benefits from all sources shall not exceed 71% of such average earned monthly income. (e) Under no circumstances will the total monthly benefit payable under this policy, together with other income replacement sources payable because of disability, be less than the amount shown in the above schedule. LTD benefits will not be reduced by virtue of any amount received on behalf of any dependents of an LTD recipient. (f) It is not required that the insured employee be confined to home, but the employee must be under the regular care and attendance of a licensed physician during the period for which benefits are being claimed. (g) LTD benefits are not payable with respect to disabilities resulting from any of the following: (i) wilfully self-inflicted injury or any attempt at self-destruction; (ii) any condition for which the employee is not under the care of a physician or surgeon duly licensed to practice medicine; (iii) war or hostilities of any kind, whether or not the employee was actually participating therein and whether or not war be declared; (iv) pregnancy where a female employee is not disabled; (v) any period during which a female employee is on a pregnancy leave of absence in accordance with this Agreement.

Long Term Disability (LTD. (a) Upon receipt and approval of the insurer of due proof that an insured employee has become totally and continuously disabled for a period of twenty-six (26) weeks, a monthly benefit shall be paid to the employee until the earliest of the following dates: (i) the date on which the employee shall cease to be totally disabled; (ii) the date on which the employee attains normal retirement age; (iii) the date of the employee’s employee‟s death. (b) total disability means continuous disability which, during the first two (2) years of total disablement, prevents an employee from performing any and every duty pertaining to the employee’s employee‟s own occupation and thereafter from engaging in any occupation for which the employee is fitted through education, training or experience. (c) The amount of the monthly benefit payable with respect to disability shall be the amount of monthly benefit in effect for the employee on the date of commencement of the disability as set out in the following schedule: First of $3,030.00 66% Subject to a maximum monthly benefit of $$ 2,000.00 (d) If the disability income benefit receivable by the disable employee from all sources, including Workers’ Workers‟ Compensation benefits, exceed 71% of the employee’s employee‟s average earned monthly income during the two (2) year period immediately prior to the date of disablement, payment under this benefit will be reduced so that the income benefits from all sources shall not exceed 71% of such average earned monthly income. (e) Under no circumstances will the total monthly benefit payable under this policy, together with other income replacement sources payable because of disability, be less than the amount shown in the above schedule. LTD benefits will not be reduced by virtue of any amount received on behalf of any dependents of an LTD recipient. (f) It is not required that the insured employee be confined to home, but the employee must be under the regular care and attendance of a licensed physician during the period for which benefits are being claimed. (g) LTD benefits are not payable with respect to disabilities resulting from any of the following: (i) wilfully willfully self-inflicted injury or any attempt at self-destruction; (ii) any condition for which the employee is not under the care of a physician or surgeon duly licensed to practice medicine; (iii) war or hostilities of any kind, whether or not the employee was actually participating therein and whether or not war be declared; (iv) pregnancy where a female employee is not disabled; (v) any period during which a female employee is on a pregnancy leave of absence in accordance with this Agreement.

Long Term Disability (LTD. (a) Upon receipt and approval of the insurer of due proof that an insured employee has become totally and continuously disabled for a period of twenty-six (26) weeks, a monthly benefit shall be paid to the employee until the earliest of the following dates: (i) the date on which the employee shall cease to be totally disabled; (ii) the date on which the employee attains normal retirement age; (iii) the date of the employee’s death. (b) total disability means continuous disability which, during the first two (2) years of total disablement, prevents an employee from performing any and every duty pertaining to the employee’s own occupation and thereafter from engaging in any occupation for which the employee is fitted through education, training or experience. (c) The amount of the monthly benefit payable with respect to disability shall be the amount of monthly benefit in effect for the employee on the date of commencement of the disability as set out in the following schedule: First of $3,030.00 66% Subject to a maximum monthly benefit of $$ 2,000.00 (d) If the disability income benefit receivable by the disable employee from all sources, including Workers’ Compensation benefits, exceed 71% of the employee’s average earned monthly income during the two (2) year period immediately prior to the date of disablement, payment under this benefit will be reduced so that the income benefits from all sources shall not exceed 71% of such average earned monthly income. (e) Under no circumstances will the total monthly benefit payable under this policy, together with other income replacement sources payable because of disability, be less than the amount shown in the above schedule. LTD benefits will not be reduced by virtue of any amount received on behalf of any dependents of an LTD recipient. (f) It is not required that the insured employee be confined to home, but the employee must be under the regular care and attendance of a licensed physician during the period for which benefits are being claimed. (g) LTD benefits are not payable with respect to disabilities resulting from any of the following: (i) wilfully willfully self-inflicted injury or any attempt at self-destruction; (ii) any condition for which the employee is not under the care of a physician or surgeon duly licensed to practice medicine; (iii) war or hostilities of any kind, whether or not the employee was actually participating therein and whether or not war be declared; (iv) pregnancy where a female employee is not disabled; (v) any period during which a female employee is on a pregnancy leave of absence in accordance with this Agreement.

Long Term Disability (LTD. (a) Upon receipt and approval of the insurer of due proof that an insured employee has become totally and continuously disabled for a period of twenty-six (26) weeks, a monthly benefit shall be paid to the employee until the earliest of the following dates: (i) the date on which the employee shall cease to be totally disabled; (ii) the date on which the employee attains normal retirement age; (iii) the date of the employee’s death. (b) total disability means continuous disability which, during the first two (2) years of total disablement, prevents an employee from performing any and every duty pertaining to the employee’s own occupation and thereafter from engaging in any occupation for which the employee is fitted through education, training or experience. (c) The amount of the monthly benefit payable with respect to disability shall be the amount of monthly benefit in effect for the employee on the date of commencement of the disability as set out in the following schedule: Portion of Basic Monthly Wage Benefit as a Percentage of Basic Monthly Wage First of $3,030.00 66% Subject to a maximum monthly benefit of $2,000.00% (d) If the disability income benefit receivable by the disable disabled employee from all sources, including Workers’ Compensation benefits, exceed 71% of the employee’s average earned monthly income during the two (2) year period immediately prior to the date of disablement, payment under this benefit will be reduced so that the income benefits from all sources shall not exceed 71% of such average earned monthly income. (e) Under no circumstances will the total monthly benefit payable under this policy, together with other income replacement sources payable because of disability, be less than the amount shown in the above schedule. LTD benefits will not be reduced by virtue of any amount received on behalf of any dependents dependants of an LTD recipient. (f) It is not required that the insured employee be confined to home, but the employee must be under the regular care and attendance of a licensed physician during the period for which benefits are being claimed. (g) LTD benefits are not payable with respect to disabilities resulting from any of the following: (i) wilfully willfully self-inflicted injury or any attempt at self-destruction; (ii) any condition for which the employee is not under the care of a physician or surgeon duly licensed to practice medicine; (iii) war or hostilities of any kind, whether or not the employee was actually participating therein and whether or not war be declared; (iv) pregnancy where a female employee is not disabled; (v) any period during which a female employee is on a pregnancy leave of absence in accordance with this Agreement.

Long Term Disability (LTD. (a) Upon receipt and approval of the insurer of due proof that an insured employee has become totally and continuously disabled for a period of twenty-six (26) weeks, a monthly benefit shall be paid to the employee until the earliest of the following dates: (i) the date on which the employee shall cease to be totally disabled; (ii) the date on which the employee attains normal retirement age; (iii) the date of the employee’s death. (b) total disability means continuous disability which, during the first two (2) years of total disablement, prevents an employee from performing any and every duty pertaining to the employee’s own occupation and thereafter from engaging in any occupation for which the employee is fitted through education, training or experience. (c) The amount of the monthly benefit payable with respect to disability shall be the amount of monthly benefit in effect for the employee on the date of commencement of the disability as set out in the following schedule: First of $3,030.00 66% Subject to a maximum monthly benefit of $ 2,000.00 The monthly maximum for claims commencing on or after January 1st, 2019 shall be $2,000.002100. The monthly maximum for claims commencing on or after January 1st, 2020 shall be $2200. The monthly maximum for claims commencing on or after January 1st, 2021 shall be $2300 The monthly maximum for claims commencing on or after January 1st, 2022 shall be $2400 The monthly maximum for claims commencing on or after January 1st, 2023 shall be $2500 (d) If the disability income benefit receivable by the disable employee from all sources, including Workers’ Compensation benefits, exceed 71% of the employee’s average earned monthly income during the two (2) year period immediately prior to the date of disablement, payment under this benefit will be reduced so that the income benefits from all sources shall not exceed 71% of such average earned monthly income. (e) Under no circumstances will the total monthly benefit payable under this policy, together with other income replacement sources payable because of disability, be less than the amount shown in the above schedule. LTD benefits will not be reduced by virtue of any amount received on behalf of any dependents of an LTD recipient. (f) It is not required that the insured employee be confined to home, but the employee must be under the regular care and attendance of a licensed physician during the period for which benefits are being claimed. (g) LTD benefits are not payable with respect to disabilities resulting from any of the following: (i) wilfully willfully self-inflicted injury or any attempt at self-destruction; (ii) any condition for which the employee is not under the care of a physician or surgeon duly licensed to practice medicine; (iii) war or hostilities of any kind, whether or not the employee was actually participating therein and whether or not war be declared; (iv) pregnancy where a female employee is not disabled; (v) any period during which a female employee is on a pregnancy leave of absence in accordance with this Agreement.

Long Term Disability (LTD. (a) Upon receipt and approval of the insurer of due proof that an insured employee has become totally and continuously disabled for a period of twenty-six (26) weeks, a monthly benefit shall be paid to the employee until the earliest of the following dates: (i) the date on which the employee shall cease to be totally disabled; (ii) the date on which the employee attains normal retirement age; (iii) the date of the employee’s death. (b) total disability means continuous disability which, during the first two (2) years of total disablement, prevents an employee from performing any and every duty pertaining to the employee’s own occupation and thereafter from engaging in any occupation for which the employee is fitted through education, training or experience. (c) The amount of the monthly benefit payable with respect to disability shall be the amount of monthly benefit in effect for the employee on the date of commencement of the disability as set out in the following schedule: Portion of Basic Monthly Wage Benefit as a Percentage of Basic Monthly Wage First of $3,030.00 66% Subject to a maximum monthly benefit of $2,000.00 (d) If the disability income benefit receivable by the disable disabled employee from all sources, including Workers’ Compensation benefits, exceed 71% of the employee’s average earned monthly income during the two (2) year period immediately prior to the date of disablement, payment under this benefit will be reduced so that the income benefits from all sources shall not exceed 71% of such average earned monthly income. (e) Under no circumstances will the total monthly benefit payable under this policy, together with other income replacement sources payable because of disability, be less than the amount shown in the above schedule. LTD benefits will not be reduced by virtue of any amount received on behalf of any dependents dependants of an LTD recipient. (f) It is not required that the insured employee be confined to home, but the employee must be under the regular care and attendance of a licensed physician during the period for which benefits are being claimed. (g) LTD benefits are not payable with respect to disabilities resulting from any of the following: (i) wilfully willfully self-inflicted injury or any attempt at self-destruction; (ii) any condition for which the employee is not under the care of a physician or surgeon duly licensed to practice medicine; (iii) war or hostilities of any kind, whether or not the employee was actually participating therein and whether or not war be declared; (iv) pregnancy where a female employee is not disabled; (v) any period during which a female employee is on a pregnancy leave of absence in accordance with this Agreement.