If you have group coverage through your employer, you should obtain your benefits booklet and ask your office manager (or whomever is in charge of your benefits) to walk you through the LTD coverage. If your plan is a private one, you should contact your broker to explain your coverage. Hopefully you will have coverage for at least 60% of your pre-accident salary. You should make sure that your coverage (taking into account the monthly maximum payments) is enough to pay for your monthly living expenses, including mortgage payments, utilities, municipal taxes, transportation and food costs. When calculating your coverage, keep in mind that payments from private disability insurance are tax-free, while the payout from most corporate plans is taxable if your employer paid the premium. (35)