Superior Program Disability Insurance

Superior Program is a disability insurance product that offers comprehensive coverage in life and health insurance for all workers and professionals─even the self-employed.

Eligibility

Your contract must include at least one of the following coverages:

Disability Insurance - This coverage provides for:

• Protection in the event of total disability in the event of illness and accident or in the event of accident only
• Payment of a monthly benefit ranging from $500 to $6,000
• Choice of the gross or net revenue method when determining your maximum available benefit
• A benefit period of 2 years, 5 years or up to age 65
• A waiting period of 0 days (accident only), 14 days, 30 days, 60 days, 90 days or 119 days. If you add the “+” option to the waiting period, you will receive benefits from the first day in the event of accident, hospitalization or day surgery.
• Risk classified based on your occupation 

Overhead Expense Insurance for small business owners - This coverage provides for:

• Protection in the event of total disability in the event of illness and accident or in the event of accident only
• Payment of a monthly benefit ranging from $500 to $6,000
• A benefit period of 2 years
• A waiting period of 0 day (accident only), 30 days or 30 days +
• Risk classified based on your occupation 

Additional coverages

You benefit from the following additional coverages or clauses, at no extra cost:

• Waiver of Premiums: releases you from the obligation to pay insurance premiums while totally disabled
• Occupational Class Enhancement: based on certain criteria, it may be possible to benefit from an enhancement in occupational class, which lowers premiums
• Maintenance of Coverage when Remunerative Work Ceases: if you lose your job, take a parental leave or stop working temporarily, but have not retired, your disability insurance will remain in force for a maximum of 12 months
• Residual Disability Benefit: if you are returning to work after a disability and your functional ability has declined, resulting in a drop of over 20% of your annual income, you are eligible for a monthly benefit proportional to your loss of income
• Guaranteed renewable contract from year to year until your 65th birthday
• Disability Insurance in the event of Accident can be extended up to age 75, without evidence of insurability
• Automatic Increase in Benefits: if you wish, your Disability Insurance benefits will increase every year, without evidence of insurability, based on the increase in the Consumer Price Index
• Special Rehabilitation Benefit: the professional services necessary to learn new functions, in addition to benefit payment
• Death Benefit: an additional amount is paid to your estate when your death results from disability
• Organ Donation Benefit: a disability resulting from organ donation may lead to eligibility for benefits
• Assistance services concerning many legal and health topics

Superior Program’s Disability Insurance offers other optional benefits, such as:

• Partial Disability Benefit: benefit payment when you are not totally disabled but are unable to perform 50% of the duties of your regular occupation
• Return of Disability Insurance Premiums: at ages 55, 60 or 65, you will be refunded 50% of all premiums paid under the Disability Insurance coverage, including the portion applicable to the Return of Premiums benefit, less any claims paid under the Disability Insurance coverage
• Extension of the Disability Definition: your “regular occupation” definition may be covered for 60 months or up to age 65
• Retroactive Benefit: when your disability lasts longer than six months, you will receive a lump-sum payment equal to the benefits you did not receive during your waiting period
• Indexation of Disability Benefits: if you are disabled for over one year, your benefits are indexed based on the Consumer Price Index

You may also purchase additional coverages to expand the protection afforded to you and your family:

• Guaranteed renewal
• Premiums are based on the worker’s occupation
• Premiums by consecutive 5-year periods or up to age 65

For more information, please refer to the Superior Program brochure(PDF – 788 KB).