Add Comment Question: Should my insurer be increasing my monthly benefit for 'the cost of living' like CPP Disability does? Answer: Some LTD policies contain Cost of Living Allowance ("COLA") terms (sometimes called other things), which operate in this way. But unfortunately, if your policy doesn't have a COLA, then your benefit is likely stagnant. Your Comment * Your Email * Your Name * Your City Note, your name, city and email is not displayed on the website. It is used to notify you that we have approved your comment.