Canadian LTD

Question 1

Canadian LTD Termination Experience

Caveats for Using Study

Answer 1

• Claims (Deleted, Adjusted)
• Elimination Period ranges
• Termination Experience = blend of different company practices
• Different combination of participating companies each year
• Economic period
• Different disability definitions
• “Other” terminations had different definitions

Question 2

Canadian LTD Termination Experience

Factors Affecting LTD Plans and Trends in Workplace

Answer 2

• Increased international competition
• Technology
• Advances in medical treatment
• Aging workforce
• Legislative and legal changes
• New process by claims adjudicators (for rehab/return to work initiatives)