Articles for Non-Lawyers

What is the monthly maximum on my LTD coverage? by Patricia Santucci

Most LTD plans include a “cap” on benefits. This means that your policy may cover you for 66.6% of your regular income, but only up to $2,500 a month. That means that if you are earning more than $50,000 a year, you may not have enough coverage, depending on your personal circumstances. If you made $130,000 annually, you would only get the $2,500 a month maximum (the equivalent of $30,000 annually). Therefore, if you earn a high income, you may want to consider a private disability plan to supplement your group benefits. (33)

About the Author Patricia Santucci

Patricia Santucci is a personal injury lawyer born and raised in Hamilton, Ontario. She holds several degrees having attended King’s College at the University of Western Ontario, McMaster University, earned a Master of Arts degree at the University of Windsor and an Ontario Teaching Degree from Teacher’s College as well as her Ontario Teaching Certificate. After graduating from the University of Alberta law school she was called to the bar in 2000. You can find Patricia on and LinkedIn or directly through this website