Is inheritance deducted by the insurance company?

Is inheritance deducted by the insurance company?

No, all yours! I hope you did not lose someone close to you!

What about a payment from the criminal finacial copensation board in your province?

Nope, just wondered.

Don’t know what that is, work place safety board?

It is an ontario government social justice board.If someone has been a victim of a violent crime the board awards compensation.

This type of payment is usually not deductible, but you always have to check the list of allowabled deduction for your specific LTD policy or LTD plan.


David Brannen

Disability Lawyer with Resolute Legal

The response posted above is based on the limited factual information made available and is not intended as a full and complete response to the question. The only reliabile manner to obtain complete and adequate legal advice is to consult with a lawyer, fully explain your situation, and allow the lawyer enough time to research the applicable law and facts required to give an adequate opinion. The basic information provided above is intended as a public service only, a full one-on-one discussion with a lawyer should be done before taking any any action. The information posted on this forum is available to the viewing public and is not intended to create a lawyer client relationship with any person. If you want one-on-one advice, please click here to request a free consultation or call toll free 1-877-282-5188 to speak with a member with our disability claim support team.

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