I have been on LTD (100% employee paid) since October 2016. I suspect that GWL will ask that I apply for CPPD in the very near future. If I do apply for CPPD I expect that I will be approved as I have cancer (operated) with numerous side effects such as limited neck, arm and chest movement, numbness and tightness in my neck, head and arm area, chronic fatigue due to medication (gabapentin), sleep apnea and from radiation therapy.
I want to cash in some equity investments that I made in the stock market but I am worried if I do then either my LTD will call this income (profit from my investments) and offset my LTD benefit and/or CPPD will call this income and offset my CPPD.
My LTD indicates that any “self employed” income must be declared for offset purposes. I don’t believe that equity income falls into the category of “self employed” income but if CPPD is reduced by this income then GWL will reduce my LTD with the maximum amount of CPPD not the reduced amount.
As you can see it isn’t worth it to be approved for CPPD at this time. However, if I don’t apply when asked to do so then GWL will simply reduce my LTD to the CPPD amount. Any advice on this dilemma?