Engineers Canada Disability Income Protection

Disability benefits could be paid out until age 70, and a disability due to an eligible accident or injury will not terminate at all during the lifetime of the insured.

Disability benefits could be paid after only 7 days or after an elimination period of 365 days. The longer you wait before beginning to receive disability benefits the lower the premium cost will be.

The number of days during which no benefits are payable. After satisiying the  elimination period, monthly benefit will be payable to you.

From your employment or profession, after business expenses but before income taxes. If you have fluctuating income, your average monthly earnings before disability is the greater of:

1. your average monthly earnings during your last taxation year, or
2. the average of the previous 24 months