Ask your question and a Long-term Disability Lawyer in Canada will answer in minutes
My private LTD insurance provider has underpaid numerous times over many years. After a lot of effort, they have now paid me all funds overdue. Should they pay me interest on the amount they underpaid? Nothing in my benefits policy speaks to this situation.
I'm sorry to hear this. It's a bit of a tricky spot. We suggest asking them directly, in writing, for this interest payment as the money was owed to you. If they don't agree, please contact our disability specialist, Rebecca, at rebecca.stap@stlawyers.ca to discuss any alternative options