Category: Compensation

When it comes to taxes, things are rarely simple and straightforward–and that’s certainly the case with the taxation of disability benefits. Here are some general guidelines. As always, your individual circumstances may vary; it’s important to consult with a lawyer and/or tax professional. Are LTD Benefits taxable? That depends on who pays the premiums. If […]

Have you been denied LTD benefits? Or had them cut off? When claimants meet the policy definition of disability, yet continue to be denied benefits, one option is to pursue an insurance settlement. In today’s post, we will explain the two main types of LTD insurance settlements. Reinstatement This type of settlement is basically what […]

If you are badly injured, you may wish to file a lawsuit with the goal of getting financial compensation for your pain, suffering and other expenses you now have as a result of your injury. The money awards (known as “damages”) available through the courts can be broken up into two main categories: pecuniary and […]

A term that is often heard in the context of auto accidents, insurance, and lawsuits is “catastrophic injury”. As you’d imagine, a catastrophic injury is very serious, but there’s an actual definition in Ontario legislation, found in section 3 (2) of the Statutory Accident Benefits Schedule – Effective September 1, 2010, which is a regulation […]