See which government program pays after a disability, how much, for how long, and how each offsets private coverage.
Weekly income replacement by source, weeks since disability onset. Illustrative amounts.
How this works. Three public programs can pay when you can't work.
EI sickness pays 55% of weekly earnings (max ~$514/wk, 2014 figure) starting day 15, for just 15 weeks.
CPP/QPP disability pays only for a severe and prolonged disability that stops you working in any capacity, after a ~4-month wait, to age 65.
Workers' Compensation covers on-the-job injury/illness at ~80–90% of net pay, tax-free.
EI is a second payor: it is reduced dollar-for-dollar by CPP/QPP, Workers' Comp and group plans, but not by a personally-owned policy. EI and CPP/QPP benefits are taxed as income; Workers' Comp is tax-free.
Educational illustration of standard Canadian insurance concepts. Figures are illustrative, not an insurer’s rates.
Illustration only, not a quote or advice. Figures are simplified for education and do not
reflect any specific insurer's rates. Consult a licensed advisor.